OpenLegislation

Regulation 4

Original text. Later amendments are not shown.

In regulation 29—

(a)

in paragraph (1) for the words “Subject to paragraph (2) below” there shall be substituted the words “Subject to paragraphs (1A) and (2) below”; and

(b)

after paragraph (1) there shall be inserted the following—

“(1A)

The Commissioners shall not allow or direct a person to make any claim for deduction of input tax in terms such that the deduction would fall to be claimed more than 3 years after the date by which the return for the prescribed accounting period in which the VAT became chargeable is required to be made.”.