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VATTOS4230 | Basic tax points: Goods: Goods on approval, sale or return and the like

From HM Revenue & Customs · VAT Time of supply

Section 6(2)(c) of the VAT Act 1994 (see VATTOS2215) provides a basic tax point for supplies where the goods are initially taken or sent out on approval, sale or return or similar terms. For more information about this see VATTOS9550.