[F140.—(1) Any person making a return shall in respect of the period to which the return relates account in that return for—
(a)all his output tax,
[F2(aa)all VAT which he is required to pay on behalf of the supplier.]
(b)all VAT for which he is accountable by virtue of Part XVI of these Regulations,
(c)all VAT which he is required to pay as a result of the removal of goods from a fiscal warehousing regime, and
(d)all VAT which he is required to pay as a result of a supply of specified services (performed on or in relation to goods at a time when they are subject to a warehousing regime) being zero-rated under section 18C(1) of the Act where—
(i)that warehousing regime is one where goods are stored without payment of any duty of excise,
(ii)those goods are subject to a duty of excise,
(iii)those goods have been the subject of an acquisition from another member State and the material time for that acquisition was while those goods were subject to that warehousing regime, and,
(iv)there was no supply of those goods while they were subject to that warehousing regime.
The amounts to be entered on that return shall be determined in accordance with these Regulations.
(2) Any person required to make a return shall pay to the Controller such amount of VAT as is payable by him in respect of the period to which the return relates not later than the last day on which he is required to make that return.
[F3(2A) Where a return is made in accordance with regulation 25 above using an electronic return system, the relevant payment to the Controller required by paragraph (2) above shall be made solely by means of electronic communications that are acceptable to the Commissioners for this purpose.]
(3) The requirements of paragraphs (1) or (2) above shall not apply where the Commissioners allow or direct otherwise.]
[F4(4) A direction under paragraph (3) may in particular allow additional time for a payment mentioned in paragraph (2) that is made by means of electronic communications.
The direction may allow different times for different means of payment.
(5) Later payment so allowed does not of itself constitute a default for the purposes of section 59 of the Act (default surcharge).]
Textual Amendments
F1Reg. 40 substituted (28.4.1996) by The Value Added Tax (Amendment) (No. 3) Regulations 1996 (S.I. 1996/1250), regs. 1(1)(2), 9
F2Reg. 40(1)(aa) inserted (1.6.2007) by The Value Added Tax (Amendment) (No.3) Regulations 2007 (S.I. 2007/1418), regs. 1, 4(d)
F3Reg. 40(2A) inserted (1.3.2000) by The Value Added Tax (Amendment) Regulations 2000 (S.I. 2000/258), regs. 1(2), 4
F4Reg. 40(4)(5) inserted (22.7.2004) by The Value Added Tax (Amendment) (No. 3) Regulations 2004 (S.I. 2004/1675), regs. 1(1), 5
Commencement Information
I1Reg. 40 in force at 20.10.1995, see reg. 1