V3.429 Fiscally warehoused goods

V3.429 Fiscally warehoused goods

Input tax

Where a taxable person is required1 to account for, or defer, tax on the removal of goods (and specified services2) from a fiscal warehousing regime, that tax is input tax if3

  1.  

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

  2.  
    1.  

      (a)     supplied to him; or

    2.  

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

Since the tax payable on removal will be

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