Section 12CA — Value Added Tax Act 1994: Payments in connection with the OSS and IOSS schemes

Payments in connection with the OSS and IOSS schemes 12CA 1 This paragraph applies in the case of any payment (or repayment) under—

a paragraph 31(4) of Schedule 9ZD, or paragraph 25(4) of Schedule 9ZE, to VATA 1994;

b section 36(2) of VATA 1994 by virtue of paragraph 34 of Schedule 9ZD, or paragraph 28 of Schedule 9ZE, to VATA 1994.

2 The repayment interest start date is the later of—

a the date (if any) on which the claim giving rise to the payment (or repayment) was required to be made, and b the date on which the claim was in fact made.