The Value Added Tax Regulations 1995

General U.K.

94.   [F1 Subject to regulation 90B above, where under this Part] of these Regulations a supply is treated as taking place each time that a payment (however expressed) is received or an invoice is issued, the supply is to be treated as taking place only to the extent covered by the payment or invoice.

Textual Amendments

F1 Words in reg. 94 substituted (1.7.1997) by The Value Added Tax (Amendment) (No. 2) Regulations 1997 (S.I. 1997/1525), regs. 1, 5

Commencement Information

I1 Reg. 94 in force at 20.10.1995, see reg. 1