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Home / De-Voil /Part V3 Supplies, acquisitions and imports /Division V3.1 Supplies /The time of supply (tax point) / V3.140B Tax point—specified goods
Commentary

V3.140B Tax point—specified goods


Part V3 Supplies, acquisitions and imports

There are special tax point rules for the categories of supply discussed below.

Water, gas, power, heat, refrigeration or other cooling, or ventilation

For VAT purposes, these consist of1:

  1. Ìý

    (1)ÌýÌýÌýÌý water (being a supply of goods under SI 1989/1114, art 2), which comprises neither2:

  2. Ìý
    1. Ìý

      (a)ÌýÌýÌýÌý distilled water, deionised water or water of similar purity, nor

    2. Ìý

      (b)ÌýÌýÌýÌý water included in VATA 1994, Sch 8, Group 1, excepted Items 1–73, eg bottled waters

  3. Ìý

    (2)ÌýÌýÌýÌý coal gas, water gas, producer gases or similar gases, and supplies of petroleum gases or other gaseous hydrocarbons in a gaseous state, and

  4. Ìý

    (3)ÌýÌýÌýÌý power, heat, refrigeration or other cooling4, or ventilation (being a supply of goods under VATA 1994, Sch 4, para 3)

General rule

A supply falling within heads (1)–(3) above is treated as taking place at the earlier of the time when5:

  1. Ìý

    (a)ÌýÌýÌýÌý a payment is received in connection with the supply, or

  2. Ìý

    (b)

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