Did you Know? VAT Treatment for Stock made Available to Customer

Suppliers often make goods available to their customers where the customer may use/consume such goods without prior approval of the supplier. An example is when an electronics company places a stock of spare parts with a third-party contractor and the contractor uses these parts as and when required. On a regular basis, the contractor provides to the supplier a list of spare parts used by the contractor to track usage/consumption.

Source: KPMG

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