Regulation 5 Obligation to account for and pay import VAT in accordance with this ChapterI1

A person to whom this Chapter applies (P) must account for and pay import VAT on goods which comprise a relevant importation in accordance with the provision made by this Chapter.

The effect of section 16(2) of VATA 1994 (application of customs enactments) M1 is modified to the extent that this Chapter makes different provision for accounting for import VAT, including the timing of such accounting, on a relevant importation.