933. Time limits for making assessments.

Subject to specific exceptions, an assessment1 may not be made more than four years after the end of the prescribed accounting period2 or importation or acquisition concerned3. However, in a case involving a loss of VAT brought about deliberately by the person being assessed 'P' (or by another person acting on P's behalf)4, a case in which P has participated in a transaction knowing that it was part of arrangements of any kind (whether or not legally enforceable) intended to bring about a loss of VAT, a case involving a loss of VAT attributable to a failure by P