Excise Tax Act (R.S.C., 1985, c. E-15)

Marginal note:Restrictions

• 211.17 (1) No amount of an input tax credit, rebate, refund or remission under this or any other Act of Parliament shall be credited, paid, granted or allowed to the extent that it can reasonably be regarded that the amount is determined, directly or indirectly, in relation to an amount that is collected as or on account of tax, or in relation to an amount of tax that is required to be collected, by a person that is registered or required to be registered under this Subdivision.

• Marginal note:Exception

  (2) Subsection (1) does not apply

  • (a) to a rebate, refund or remission in relation to an amount that a person may

    • (i) deduct under subsection 231(1), 232(3) or 234(3) in determining the net tax of the person for a reporting period of the person,

    • (ii) claim as a rebate under section 259 or 259.1, or

    • (iii) claim as a rebate under section 261 in respect of an amount that is collected as or on account of tax from the person at a time when the person is not registered under Subdivision D of Division V;

  • (b) for the purposes of subsections 232(1) and (2); and

  • (c) for prescribed purposes.