Foreign Aircraft Servicing Equipment Remission Order, 1992
Order Respecting the Remission of Customs Duties Paid or Payable Under the Customs Tariff and a Portion of the Sales Tax Paid or Payable Under the Excise Tax Act on Machinery and Equipment Imported into Canada for Use in Servicing Foreign Aircraft
P.C. 1992-2397 1992-11-19
His Excellency the Governor General in Council, considering that it is in the public interest to do so, on the recommendation of the Minister of National Revenue, pursuant to subsection 23(2)Footnote * of the Financial Administration Act, is pleased hereby to revoke the Foreign Aircraft Servicing Equipment Remission Order,
Return to footnote *S.C. 1991, c. 24, s. 7(2)
1. This Order may be cited as the Foreign Aircraft Servicing Equipment Remission Order, 1992.
2. Remission is hereby granted of the customs duties paid or payable under the Customs Tariff on machinery and equipment imported into Canada, on or after September 17, 1969, for use exclusively in servicing aircraft registered in a foreign country or territory while at international airports in Canada if it is established that, at the time of the importation, the foreign country or territory grants a similar privilege in respect of aircraft registered in Canada.
3. Remission is hereby granted of the sales tax paid or payable under the Excise Tax Act on the goods in respect of which customs duties are remitted by this Order, in an amount equal to the difference between
(a) the amount of sales tax paid or payable on the goods, and
(b) the amount of sales tax that would have been paid or would be payable on the goods if the duty paid value used to calculate the sales tax were reduced by the amount of the remission of customs duties granted under this Order.
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