Customs and Excise Commissioners v Padglade Ltd.  BVC 245
Queen’s Bench Division (Crown Office List).
Judgment delivered 21 February 1995.
Value added tax – Transfer of business as going concern – Sale of equipment and stock by insolvent company to another company with same directors and shareholders – Whether transfer of going concern – Value Added Tax (Special Provisions) Order 1981 (SI 1981/1741), art. 12(1)(b)(i), (ii), as amended by the Value Added Tax (Special Provisions) (Amendment) Order 1991 (SI 1991/2503) (replaced by the Value Added Tax (Special Provisions) Order 1995 (SI 1995/1268), art. 5(1)(b)(i), (ii)).