SCHEDULES
I1SCHEDULE 3 Value added tax: abolition of fiscal frontiers etc.
F1Part I
Sch. 3 Pt. I repealed (1.9.1994) by 1994 c. 23, ss. 100(2), 101(1), Sch. 15
Matters to be treated as supplies of goods or services
I260
1
In Schedule 2 (matters to be treated as supplies of goods or services), after paragraph 5 there shall be inserted the following paragraph—
5A
1
Where, in a case not falling within paragraph 5(1) above, goods forming part of the assets of any business—
a
are removed from any member State by or under the directions of the person carrying on the business; and
b
are so removed in the course or furtherance of that business for the purpose of being taken to a place in a member State other than that from which they are removed,
then, whether or not the removal is or is connected with a transaction for a consideration, that is a supply of goods by that person.
2
Sub-paragraph (1) above does not apply—
a
to the removal of goods from any member State in the course of their removal from one part of that member State to another part of the same member State; or
b
to goods which have been removed from a place outside the member States for entry into the territory of the Community and are removed from a member State before the time when any Community customs debt in respect of any Community customs duty on their entry into that territory would be incurred.
2
In paragraph 7(2) of that Schedule (deemed supply where person ceases to be a taxable person)—
a
in paragraph (a), for the words from “in respect of" to the end of the paragraph there shall be substituted “
has been allowed to him in respect of the supply of the goods, their acquisition from another member State or their importation from a place outside the member States
”
; and
b
in paragraph (b), for “were not acquired by him" there shall be substituted “
did not become his
”
.
Sch. 3 wholly in force; Sch. 3 not in force at Royal Assent see s. 14(3); Sch. 3 partly in force at 1.8.1992 by S.I. 1992/1867, art. 3, Sch. Pt. I; Sch. 3 partly in force at 1.12.1992 S.I. 1992/2979, art. 4, Sch. Pt. II; Sch. 3 in force, insofar as not already in force, at 1.1.1993 by S.I. 1992/3261, art. 3, Sch. (with transitional provisions in arts. 4, 5, 6, and 7).