Modifications etc. (not altering text)
C1Sch. 2 modified (17.12.2020 for specified purposes, 31.12.2020 in so far as not already in force) by 1994 c. 23, Sch. 9ZC para. 5 (as inserted by Taxation (Post-transition Period) Act 2020 (c. 26), s. 11(1)(e), Sch. 3 para. 28 (with Sch. 2 para. 7(7)-(9))); S.I. 2020/1642, reg. 9
Item No.
Capital goods and equipment imported by a person for the purposes of a business he has ceased to carry on abroad and which he has notified the Commissioners is to be carried on by him in the United Kingdom and concerned exclusively with making taxable supplies.
F1...
Textual Amendments
F1Sch. 2 Group 1 Item 2 revoked (1.1.1993) by The Value Added Tax (Imported Goods) Relief (Amendment) Order 1992 (S.I. 1992/3120), arts. 1, 5(a)
Notes:
(1) “Capital goods and equipment”
(a) food of a kind used for human consumption or animal feeding stuffs;
(b) fuel;
(c) stocks of raw materials and finished or semi-finished products; or
(d) any motor vehicle in respect of which deduction of input tax is disallowed by article 4 of the Value Added Tax (Cars) Order 1980.(1)
(2) For the purposes of item 1, a person is not to be treated as intending to carry on a business in the United Kingdom if such business is to be merged with, or absorbed by, another business already carried on there.
(3) Item 1 applies only where the goods—
(a) have been used in the course of the business for at least twelve months before it ceased to be carried on abroad;
(b) are imported within twelve months of the date on which such business ceased to be carried on abroad, or within such longer period as the Commissioners allow; and
(c) are appropriate both to the nature and size of the business to be carried on in the United Kingdom.
F2(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
F2Sch. 2 Group 1 Note 4 revoked (1.1.1993) by The Value Added Tax (Imported Goods) Relief (Amendment) Order 1992 (S.I. 1992/3120), arts. 1, 5(a)
, amended by S.I.1984/33