The Weekly Law Reports
[1979] 3 WLR 291
[COURT OF APPEAL]
CUSTOMS AND EXCISE COMMISSIONERS
v.
J. H. CORBITT (NUMISMATISTS) LTD.
1978 June 12,
13;
1979 Feb. 27, 28;
March 1
1979 Feb. 27, 28;
March 1
Neill J. Lord Denning M.R., Eveleigh L.J. and Sir Stanley Rees
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”
— Commissioners' decision not to accept records kept as sufficient
— Tax assessed on basis that scheme not applicable
— Whether commissioners' decision open to review on appeal
—
Finance Act 1972 (c. 41), ss. 31, 40 (1) (b)
—
Value Added Tax (Works of Art, Antiques and Scientific Collections) Order 1972 (S.I. 1972, No. 1971), art. 3 (5)