The Weekly Law Reports
[1980] 2 WLR 653
[HOUSE OF LORDS]
CUSTOMS AND EXCISE COMMISSIONERS APPELLANTS AND J. H. CORBITT (NUMISMATISTS) LTD RESPONDENTS
1980 Feb. 19,
20;
April 1
April 1
Lord Diplock, Lord Simon of Glaisdale, Lord Salmon, Lord Scarman and Lord Lane
Revenue
— Value added tax
— Assessment
— Appeal against assessment
— Scheme for reducing tax on sale of secondhand goods
— Scheme not applicable unless dealer's records such as commissioners “may recognise as sufficient”
— Records not accepted as sufficient
— Tax assessed
— Whether commissioners' decision open to review on appeal
—
Finance Act 1972 (c. 41), ss. 31 (1), 40 (1) (b)
—
Value Added Tax (Works of Art, Antiques and Scientific Collections) Order 1972 (S.I. 1972 No. 1971), art. 3 (5)