The Finance (No. 2) Act 1992 (Commencement No. 4 and Transitional Provisions) Order 1992

Transitional Provisions relating to Value Added Tax

6.—(1) Subject to paragraph (2) below, where article 5 above applies and the goods were imported by a taxable person in the course of a business carried on by him, he shall account for the tax chargeable in the return for the prescribed accounting period in which the importation is treated as having occurred.

(2) Paragraph (1) above shall not apply where—

(a) article 5 above applies by reason of the removal of the goods from an excise warehouse and the person removing them is not the person who put them in the warehouse;

(b) the goods are non-Community goods; or

(c) the goods are chargeable with excise duty on their importation and—

(i) the excise duty point is not fixed for a time later than the time when the goods became chargeable with the duty; or

(ii) where no excise duty point has been fixed, no suspension arrangements applied to the goods.