VALUE ADDED TAX- – MTIC-sale of mobile phones and CPUs – D S Bahia, managing director, and his witness Mr Ranjit Singh the company secretary failed to appear- Mr Bahia on the grounds of ill-health and Mr Singh because he no longer worked for the appellant- Mr Bahia appealed the appellant’s two repayment claims for the periods 04/06, and 06/06 in the sums of pounds 2,552,542.88 and pounds 7,300,683.47 respectively-repayment refused on the basis that the appellants knew or ought to have known that the transactions were part of an MTIC fraud-appeal dismissed with costs.
Citations:
[2014] UKFTT 546 (TC)
Links:
Jurisdiction:
England and Wales
VAT
Updated: 17 June 2022; Ref: scu.526900