Shell UK Ltd -v- Revenue & Customs; SCIT 2 Aug 2007

References: [2007] UKSPC SPC00624
Links: Bailii
Coram: Dr Brice
SCIT PETROLEUM REVENUE TAX – legislation provides an exemption from tax for gas sold to British Gas under a contract made before the end of June 1975 – Appellant entered into a contract with British Gas on 27 June 1975 and Revenue agreed that gas sold under that contract was exempt from tax -the period of the 1975 contract ended on 31 October 2002 – in March 2002 the Appellant and British Gas entered into an agreement which took the form of amendments to the 1975 contract and which extended its term by ten years – whether gas sold after 31 October 2002 was sold under ‘a contract made before the end of June 1975’ – no – appeal dismissed – OTA 1975 s 10(1)(a)

Leave a Reply