Related Commentary  

15  Where there is a change in the rate of VAT in force under section 2 or 29A of the Act or in the descriptions of exempt, zero-rated or reduced-rated supplies, and a VAT invoice which relates to a supply in respect of which an election is made under section 88 of the Act was issued before the election was made, the person making the supply shall, within 45 days after any such change, or within such longer period as the Commissioners may allow in general or special directions, provide the person to whom the supply was made with a credit note headed “Credit note – change of VAT rate” and containing the following particulars–

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