Commentary

Asda Stores Ltd v R & C Comrs

Part V17 Customs duties

Asda Stores Ltd v R & C Comrs

Asda Stores Ltd v R & C Comrs

Customs and excise - imported goods

The taxpayer contended that the customs value of imported clothes and hangers should be the price paid to the clothing supplier less the rebate for the difference between the true value of the hangers and the greater price actually charged. The First-tier Tribunal (Tax and Chancery Chamber) decided in favour of the taxpayer. The Upper Tribunal (Tax and Chancery Chamber) reversed that decision and the taxpayer appealed. The Court of Appeal, Civil Division, in dismissing the appeal, held that the result of the application of the

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