PART 5Fulfilment Businesses
CHAPTER 4M1Transitional provisions for persons who before F1IP completion day were not carrying on a “third country goods fulfilment business” but who, as a result of amendments made by paragraph 123 of Schedule 8 to the Taxation (Cross-border Trade) Act 2018 to section 48 of the 2017 Act, are carrying on “an imported goods fulfilment business” at F1IP completion day or commence doing so during the 9 month period following F1IP completion day
Annotations:
Amendments (Textual)
Marginal Citations
M1
Modification of regulation 4 of the 2018 Regulations (applications for approval and to vary an approval)I112
1
Where this Chapter applies, a person making an application for an approval under regulation 4(1)(a) of the 2018 Regulations must do so in accordance with the time limits in this regulation and regulation 4 of the 2018 Regulations is modified in accordance with paragraphs (2) and (3).
2
Where the person is carrying on an imported goods fulfilment business at F1IP completion day or commences doing so during the first period, the application for an approval must be made before the expiry of the first period.
3
Where the person commences carrying on an imported goods fulfilment business during the second period, the application for an approval must be made before the expiry of the second period.
Words in Pt. 5 substituted (31.12.2020) by The Value Added Tax (Miscellaneous and Transitional Provisions, Amendment and Revocation) (EU Exit) Regulations 2020 (S.I. 2020/1495), regs. 1(2), 23(3); S.I. 2020/1641, reg. 2, Sch.