LON (96/341)

No. 15,586

Decision given 30 June 1998.

Supply – Valuation – Videos supplied for £20 with an undertaking to supply a replacement video for £10 on return of the video – Whether supply a rental – Whether the value of the replacement supply was £20, £10 or some other amount – Value Added Tax Act 1994, s. 19(3); Directive 77/388, the sixth VAT directive, art. 11(A)(1)(a).

  The issue was the value for VAT purposes to be placed on a video which was supplied by the appellant for £10 in return for a video previously purchased for £20 from the appellant.

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.