LON (92/1291)

No. 9797

Decision given 1 February 1993.

Supply – Transfer of business as going concern – Input tax – Whether appellant entitled to deduct input tax on purchase of commercial and residential property – Whether waiver of exemption from tax expressed to take effect after purchase of property rendered transfer a taxable supply – Whether activities amounted to business – Whether business carried on after transfer same as business before – Value Added Tax Act 1983, Sch. 6A, para. 2; Value Added Tax (Special Provisions) Order 1981 (SI 1981/1741), art. 12.

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