4 October 2002 Internal T.I. 2002-0139807 F - REMBOURSEMENT DE TPS -- summary under Paragraph 6(8)(b)

An employee who, for Year I, claimed a GST rebate relating to CCA claimed on a Class 10.1 motor vehicle, but only became entitled to the rebate in Year II, when claimed in the return and after the sale of the vehicle. The taxpayer acquired a new vehicle, but it was included in a separate Class 10.1. The Directorate noted that, since the rebate was received after the disposition of the property, it reduced the UCC of the Class pursuant to J of the UCC formula rather than reducing the capital cost of the property pursuant to s. 13(7.1).