Commentary

V3.111 Classification of supplies—introduction

Part V3 Supplies, acquisitions and imports

V3.111 Classification of supplies—introduction

Classification of supplies

V3.111 Classification of supplies—introduction

VAT is charged on supplies of goods and services1, and it follows that a transaction which amounts to neither a supply of goods nor a supply of services is outside the scope of VAT. It is therefore possible to classify transactions under one of the following headings2:

  1.  

    •     a supply of goods3

  2.  

    •     a supply of services4, or

  3.  

    •     neither a supply of goods nor a supply of services5

These descriptions are terms of art to be interpreted in accordance with the technical meaning given them by the legislation rather than the ordinary and natural meaning which they would otherwise bear.

The use of technical meanings

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