Related Commentary  Related CasesRelated HMRC Manuals

2(1)  Subject to the following provisions of this section and to the provisions of section 29A, VAT shall be charged at the rate of 20 per cent and shall be charged–

(a)on the supply of goods or services, by reference to the value of the supply as determined under this Act; and

(b)[omitted by TCTA 2018, s. 43 and Sch. 8, para. 3(a);]

(c)on the importation of goods, by reference to the value of the goods as determined under this Act.

2(1A)–(1C)  [Repealed by FA 2001, s. 99(3) and 110 and Sch. 33, Pt. 3(1).]

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