OpenLegislation

Article 3

United Kingdom

Original text. Later amendments are not shown.

By way of derogation from Article 28a(1)(a) of Directive 77/388/EEC, the following shall be exempt from VAT:

  • the intra-Community acquisition of used and waste materials by firms with an annual turnover of less than NGL 2,5 million. For the purposes of that threshold, turnover in non-ferrous metals may be disregarded,

  • the intra-Community acquisition of non-ferrous metals.