Related Commentary  Related HMRC Manuals

304(1)  This section supplements section 303(1)(b).

304(2)  In this section–

(a)subsections (3) and (4) are for determining whether a trade is a trade of wholesale or retail distribution, and

(b)subsections (5) and (6) are for determining whether a trade of wholesale or retail distribution is an ordinary trade of wholesale or retail distribution.

304(3)  A trade of wholesale distribution is one in which goods are offered for sale and sold to persons for resale by them, or for processing and resale by them, to members of the general public for their use or consumption.

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