LON (92/312)

No. 10368

Decision given 28 April 1993.

Consideration – Continuous supplies of services – Overpayments by customers retained by the appellant and credited towards a subsequent account – VAT returns based on the accounts invoiced and not reflecting the overpayments – Overpayments were ones for which the appellant did not know the reason – Whether the overpayments amounted to the consideration for supplies before the appellant issued the next account – Value Added Tax Act 1983, sec. 3(2)(a); Directive 77/388, the sixth VAT directive, art. 2(1), 10(2) and 11; Value Added Tax (General) Regulations 1985, reg. 23(1).

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