Martin Yaffe International Ltd v Revenue and Customs: VDT 14 Jul 2005

VDT VALUE ADDED TAX – import VAT – Simplified Import VAT Accounting (‘SIVA’) – trader authorised to defer payment with nil security – default in accounting for domestic VAT – whether sufficient without more to justify revocation of nil security requirement – criteria to be considered – whether trader representing risk to the revenue – appeal allowed and further review directed – Community Customs Code, arts 224 to 227 – VAT Act 1994 s 16 – CEMA 1979 s 45 – Customs Duties (Deferred Payment) Regs 1976, reg 4 as adapted by VAT Regs 1995, reg 121A – Finance Act 1994, s 16
[2005] UKVAT-Customs C00197
Bailii
England and Wales

Updated: 06 April 2021; Ref: scu.271385