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6.11.1.7 Accessories, trade-ins and other matters

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The GST inclusive market value of the car should disregard any value that is attributed to modifications that are made to the car solely for the purpose of adapting the car for driving by the person or transporting the person. The link at the end of this text takes you to the declaration form required for GST exemption. The definition of a 'motorcycle' includes vehicles with no more than four wheels that are steered by handle bars.

For the purposes of this regulation, the value of the purchased motorcycle can include optional extras and accessories where those extras and accessories are purchased as part of the same transaction as the bike itself. Where extras and accessories are bought at a separate time as part of a separate transaction, they would not be eligible for the GST exemption unless they are replacement parts.    

The rebate value should be calculated based on the GST-inclusive market value of the motorcycle. Where a trade-in forms part of the consideration for the motorcycle, the GST-inclusive market value is not reduced by the value of the trade-in for the purposes of working out the rebate amount.  A person who is currently eligible for the rebate is able to claim for the rebate on a motorcycle purchased before they became eligible for the payment, but only where the motorcycle on which the rebate is claimed is the veterans’ current personal transportation at the time of the rebate claim and all other criteria are met.

To make an application for the GST rebate on motorcycles or replacement parts, veterans should complete the form located at this link: Application for Motorcycle GST Rebate.