Value Added Tax – Denial of input tax claimed by clothing wholesaler – Contention that the suppliers identified on two sets of invoices had ceased trading such that the supplies cannot have been made by the alleged suppliers – Various different ways of sustaining an entitlement to input tax if the supplies cannot have been made by the apparent registered trader but may still have been made by a taxable person – Failure by Appellant to have undertaken sufficient checks on the identity of the supplier and the limited jurisdiction of the Tribunal to interfere with the exercise of discretion by the Commissioners – Penalty imposed under section 63 VAT Act – Irrelevance of good faith – Appeals in relation to the assessments and the penalty dismissed
Citations:
[2008] UKVAT V20854
Links:
Jurisdiction:
England and Wales
VAT
Updated: 11 October 2022; Ref: scu.301844