Value Added Tax Act 1994 Schedule 9ZA paragraph 3

Meaning of acquisition of goods from a member State

Paragraph 3 of Schedule 9ZA defines what counts as an acquisition of goods from a member State for VAT purposes, covering the conditions that must be met, the treatment of deemed supplies where ownership does not change, and the Treasury's power to exclude certain acquisitions by regulation.

• An acquisition of goods from a member State requires both a supply of goods (or a deemed supply) and the physical removal of those goods from a member State, whether arranged by the supplier, the customer or anyone else.
• Where a transaction is treated as a supply of goods under the Act but ownership does not actually change hands, the person making that deemed supply is treated as having made the acquisition themselves.
• References to "the supplier" elsewhere in the Act, in the context of such acquisitions, are to be read in line with this definition.
• The Treasury has the power to make regulations specifying circumstances in which an acquisition of goods should not be treated as an acquisition from a member State.