General Motors Uk Ltd v Revenue and Customs: FTTTx 14 Aug 2013

FTTTx VAT – self supply of cars used by car manufacturer in its business-Art 5(7) Sixth directive – value of supply: purchase price or cost- meaning of cost and purchase price – effect of UK provisions – determination of purchase price and cost – use of macroeconomic data to estimate cost in periods in which no direct evidence available.

[2013] UKFTT 443 (TC)


Updated: 20 November 2021; Ref: scu.515207