UTTC VALUE ADDED TAX – denial of repayment of input tax due to MTIC fraud – ‘grey market’ transaction in razor blades – nature of and terms on which transactions entered into – other parties to the transactions unconnected with the fraud – whether FTT erred in concluding on the facts that the only reasonable explanation for the circumstances in which the taxpayers’ purchases took place was that they were connected with fraud – yes – whether taxpayers should have been aware of the connection with fraud earlier in the chain of transactions – no – appeal allowed
[2013] UKUT 374 (TCC), [2013] STI 2860, [2013] BVC 1707, [2014] STC 39
Bailii
England and Wales
Citing:
Appeal from – Davis and Dann Ltd and Another v Revenue and Customs FTTTx 17-Jan-2012
FTTTx Value Added Tax – MTIC appeal involving purchases of razor blades by the Appellants in April and May 2006 – whether the Appellants should have known that their purchases were connected to the fraudulent . .
Cited by:
At UTTC – Davis and Dann Ltd and Another v HM Revenue and Customs CA 15-Mar-2016
The Revenue appealed from rejection of its refusal to refund input tax in the basis that the company though itself innocent of VAT fraud should have understood that the transaction was part of a MTIC fraud. The court was now asked whether the Upper . .
Lists of cited by and citing cases may be incomplete.
VAT
Updated: 29 November 2021; Ref: scu.521006
