Schedule 9ZA, Part 2, paragraph 8

For the purposes of this Act the value of any acquisition of goods from a member State is taken to be the value of the transaction in pursuance of which they are acquired. Where goods are acquired from a member State otherwise than in pursuance of a taxable supply, the value of the transaction in pursuance of which they are acquired is to be determined for the purposes of sub-paragraph (1) in accordance with this Part, and for those purposes— sub-paragraphs (3) to (5) have effect subject to paragraphs 9 to 13, and section 19 and Schedule 6 do not apply in relation to the transaction. If the transaction is for a consideration in money, its value is taken to be such amount as is equal to the consideration. If the transaction is for a consideration not consisting or not wholly consisting of money, its value is taken to be such amount in money as is equivalent to the consideration. Where a transaction in pursuance of which goods are acquired from a member State is not the only matter to which a consideration in money relates, the transaction is deemed to be for such part of the consideration as is properly attributable to it.

← 6 · All articles · 1 →

Source: legislation.gov.uk · retrieved 2026-07-28