V3.428 Warehoused goods

Input tax

A taxable person may be required to account for and pay, or defer payment of, VAT when goods are removed from warehouse1. This tax is input tax if2

  1.  

    (1)     it is chargeable, paid or payable in respect of goods which have been—

  2.  
    1.  

      (a)     supplied to him;

    2.  

      (b)     acquired by him from another EU member state; or

    3.  

      (c)     imported by him from a third country; and

  3.  

    (2)     the goods are used or to be used for the purpose of any business carried on or to be carried on by him.

Documentary evidence

Regulations made under VATA

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