- Best Cosmetics Ltd’s appeal against HMRC’s demand for unpaid import VAT was dismissed.
- The company’s EORI number was used for imports by another company with common directors, but no evidence showed the postponed VAT was accounted for.
- Both companies had deregistered for VAT, and neither could prove the VAT was declared in their returns.
- The tribunal found the postponed import VAT remained due and payable by Best Cosmetics Ltd.
Source: claritaxnews.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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