The Value Added Tax (Input Tax) Order 1992

Disallowance of input tax

4.—(1) Tax charged on the—

(a) supply;

(b) acquisition from another member State; or

(c) importation,

of any goods such as are described in paragraph (2) below which are supplied, acquired or imported in any of the circumstances described in paragraph (3) below shall be excluded from any credit under section 14 of the Act.

(2) The goods referred to in paragraph (1) above are—

(a) works of art, antiques and collectors' pieces;

(b) used motor cycles;

(c) used caravans;

(d) used boats and outboard motors;

(e) used electronic organs;

(f) used aircraft;

(g) used firearms.

(3) The circumstances of the supply to, or acquisition or importation by, a taxable person of goods described in paragraph (2) above are as follows—

(a) a supply in respect of which no tax was chargeable under the Act or under Part 1 of the Manx Act;

(b) a supply on which tax chargeable under either of those Acts was chargeable by virtue of any Order made under section 18 of the Act or a corresponding provision made under the Manx Act;

(c) a transaction which was treated by virtue of any Order made under section 3(3) of the Act or under a corresponding provision of the Manx Act as being neither a supply of goods nor a supply of services; or

(d) (if the goods are a work of art, an antique or a collectors' piece) their acquisition from another member State or their importation and (whether by virtue of an Order made under section 19(1) of the Act or otherwise) no tax was chargeable on their acquisiton or, as the case may be, their importation.