REPAYMENT SUPPLEMENT – VAT credit – Claim arising from 25 transactions – Single amount claimed – Amount shown in return was excess of input tax over output tax relating to all transactions of that period – Respondents dealt with claim by pursuing seven inquiries into seven groups of those transactions – Respondents paid the input tax attributable to each group as and when each inquiry finished – Respondents withheld part of claim until well after end of relevant period – Whether failure to pay any part of amount claimed within relevant period results in Respondents incurring repayment supplement on the whole amount claimed for the period – No – Whether VAT credit is to be disintegrated into the separate transactions carried on during the period to which claim relates – No – Whether each inquiry into each group of transactions comprised in claim has its own relevant period – No – Appeal dismissed – VAT Act 1994 s.79
Citations:
[2006] UKVAT V19647
Links:
Jurisdiction:
England and Wales
VAT
Updated: 04 September 2022; Ref: scu.243278