Recovery of VAT
Recovery of VAT
- 1989
- EGCS 1989 30 .
In Neuvale Ltd and another v Customs and Excise Commissioners , CA 23 February 1989, it was held that where VAT is paid on input supplies for the purpose of a business activity consisting of the letting of buildings, an exempt supply, then the input tax is not deductible.
RENTED PROPERTY
In Neuvale Ltd and another v Customs and Excise Commissioners , CA 23 February 1989, it was held that where VAT is paid on input supplies for the purpose of a business activity consisting of the letting of buildings, an exempt supply, then the input tax is not deductible.
RENTED PROPERTY