VALUE ADDED TAX- – MTIC-sale of mobile phones- appellant’s repayment claim for refused on grounds that the appellant knew that the transaction was part of an MTIC fraud – set off of input tax of pounds 8,397,212.57 against output tax of pounds 8,397,942.60 in dirty chain- appellant in ‘clean chain’ claiming repayment pounds 967,802.50 knew that the deals were part of a VAT fraud — appeal dismissed
Citations:
[2011] UKFTT 90 (TC)
Links:
Jurisdiction:
England and Wales
VAT
Updated: 16 May 2022; Ref: scu.442785
