Customs and Excise Commissioners v Ping (Europe) Ltd  BVC 592
 EWCA Civ 1115
Court of Appeal (Civil Division).
Thorpe, Robert Walker and Arden L JJ.
Judgment delivered 31 July 2002.
Value added tax – Supply of goods – Consideration – Consideration for supply non-monetary in part – Golf clubs failing to comply with R & A rules – Supplier offered to replace clubs with new clubs that conformed to rules at reduced price together with return of non-conforming club – Whether any monetary value attributable to surrendered clubs – Value Added Tax Act 1994, s. 19 – Council Directive 77/388, art. 11(A).