Marginal note:Temporary relief of certain duties and taxes
106 (1) If an application for relief is made in the prescribed circumstances by a person of a prescribed class and in the prescribed form and manner, accompanied by prescribed documents and by security of a prescribed nature in an amount fixed by the Minister of National Revenue, relief shall be granted from the payment of the whole or the prescribed portion, as the case may be, of the duty imposed under section 21 of this Act or of the duties and taxes imposed under the Excise Act or the Excise Tax Act (other than the goods and services tax) that, but for this section, would be payable in respect of prescribed goods that are imported and subsequently exported after being used in Canada only for a prescribed purpose.
Marginal note:Release of goods
(2) If relief is granted under subsection (1), the goods may be released without the payment of the relieved duty, duties or taxes.
(3) Relief under subsection (1) is subject to prescribed conditions and to the importer of the goods establishing to the satisfaction of the Minister of National Revenue that the goods are exported within one year after they are released or, if a period is prescribed, within the prescribed period after they are released.
Marginal note:Extension of period
(4) The Minister of National Revenue may, in respect of prescribed goods, extend the period of exportation by not more than six months if that Minister is satisfied that it is not practical or possible to export the goods within the period.
(5) The Minister of National Revenue may waive the requirement under subsection (1) to provide security.
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