Section 42 — Value Added Tax Regulations 1995: Accounting for VAT on the removal of goods

Accounting for VAT on the removal of goods 42 — 1 This regulation applies—

a where goods have been removed—

i from Northern Ireland to a member State, or ii from a member State to a different Member State or to Northern Ireland;

and b the removal falls within paragraph (f) or (g) of article 4 of the Removal Order.

2 Except where paragraph (3) below applies in respect of the same prescribed accounting period, the owner shall not make any entry in the VAT payable portion of that part of his VAT account which relates to the prescribed accounting period in which he would be liable to account for any VAT chargeable in respect of the removal.

3 Where—

a the condition described in article 5 of the Removal Order has not been complied with, and b an amount of VAT has become payable, the owner shall make a positive entry for the relevant amount of VAT in the VAT payable portion of that part of his VAT account which relates to the prescribed accounting period in which the condition was not complied with.