Queen’s Bench Division.

Judgment delivered 13 June 1978.

Value added tax – Margin scheme – Taxpayer’s records not complying with Customs’ Notice No. 712 – Commissioners’ refusal to accept taxpayer’s records as sufficient for purposes of scheme – Whether Tribunal entitled to substitute its  p. 146   judgment for that of Commissioners – Finance Act 1972, sec. 40(1) (now VATA 1983, sec. 40(1)) – Value Added Tax (Works of Art and Scientific Collections) Order 1972, art. 3(c) and 4 (now Value Added Tax (Special Provisions) Order 1981, art. 4).

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