Statutory Instruments
2001 No. 630
VALUE ADDED TAX
The Value Added Tax (Amendment) Regulations 2001
Made
1st March 2001
Laid before the House of Commons
2nd March 2001
Coming into force
1st April 2001
The Commissioners of Customs and Excise, in exercise of the powers conferred on them by sections 16(1) and 25(1) of, and paragraph 2(1) and (11) of Schedule 11 to, the Value Added Tax Act 1994( 1 ) and of all other powers enabling them in that behalf, hereby make the following regulations:
1. These Regulations may be cited as the Value Added Tax (Amendment) Regulations 2001 and shall come into force on 1st April 2001.
2. Amend the Value Added Tax Regulations 1995( 2 ) as follows.
3. —(1) In regulation 120(2)(a), omit—
“ (ii) Articles 130 to 136 (processing for free circulation), ” .
(2) In regulation 120(2)(b), omit—
“ (ii) Articles 650 to 669 (processing for free circulation), ” .
4. Regulation 3 above has effect in relation to goods which are imported on or after 1st April 2001.
5. —(1) At the end of regulation 120(2)(b)(iv), omit the word “and”.
(2) In regulation 120(2)(b)(v), insert the following after “(returned goods)”—
“ , and
(vi)Articles 589 and 709 (compensatory interest) ” .
6. In Schedule 1, for forms numbered 4 and 5 substitute respectively forms numbered 4 and 5 in the Schedule to these Regulations.
Mike Norgrove
Commissioner of Customs and Excise
New King’s Beam House
22 Upper Ground
London
SE1 9PJ
1st March 2001
Regulation 6
SCHEDULE
Form No. 4
Form No. 5
1994 c. 23 ; section 96(1) defines “the Commissioners” as meaning the Commissioners of Customs and Excise and “regulations” as meaning regulations made by the Commissioners.
S.I. 1995/2518 .
Sections 1(4) and 16(1) of the Value Added Tax Act 1994 (c. 23) .
Articles 130 to 136 of Council Regulation (EEC) No. 2913/92 (the Community Customs Code) (OJ No. L 302, 19.10.92, p. 1) and Articles 650 to 669 of Commission Regulation (EEC) No. 2454/93 (OJ No. L 253, 11.10.93, p. 1).
S.I. 1995/2518 regulation 120.
Council Directive 77/388/EEC (OJ No. L 145, 13.6.77, p. 1) (as amended by Article 1(6) of Council Directive 91/680/EEC (OJ L 376, 31.12.91, p. 1)).
Articles 589 and 709 of Commission Regulation (EEC) No. 2454/93 (OJ No. L 253, 11.10.93, p. 1).