VAT – INPUT TAX – HMRC denied input tax claims totalling pounds 8,327,278.00 in respect of 49 transactions of mobile phones and CPUs – Was there a VAT Loss? – Yes – Was the loss fraudulent? – Yes – Were the Appellant’s transactions connected with the fraud? – Yes – Did the Appellant know or should have known that its transactions were connected to fraudulent evasion of VAT? – Yes the Appellant knew – Appeal dismissed – Reference to the CJEU – refused – Application to stay publication of the decision – Refused.
Citations:
[2012] UKFTT 253 (TC)
Links:
Jurisdiction:
England and Wales
VAT
Updated: 19 November 2022; Ref: scu.462626
