United Kingdom VAT & Duties Tribunals Decisions

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You are here: BAILII >> Databases >> United Kingdom VAT & Duties Tribunals Decisions >> Dragon Futures Ltd v Revenue & Customs [2008] UKVAT V20868 (13 November 2008)
URL: http://www.bailii.org/uk/cases/UKVAT/2008/V20868.html
Cite as: [2008] UKVAT V20868

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Dragon Futures Ltd v Revenue & Customs [2008] UKVAT V20868 (13 November 2008)

20868

VAT – input tax – missing trader intra-Community (MTIC) fraud – whether taxpayer knew or ought to have known of fraud linked to transactions – appeals dismissed with consent

LONDON TRIBUNAL CENTRE

DRAGON FUTURES LTD (in administration) Appellant

and –

THE COMMISSIONERS FOR HER MAJESTY'S REVENUE & CUSTOMS Respondents

Tribunal: DR DAVID WILLIAMS (Chairman)

MR J N BROWN CBE, MA, FCA, CTA

MR C R SHAW FCA

Sitting in public in London on 4 November 2008

The Appellant was not represented but consented to a hearing in absence

Phillippa Whipple of counsel, instructed by the Office of the Solicitor to Her Majesty's Revenue and Customs for the Respondents

© CROWN COPYRIGHT 2008


 


DECISION

1. With the consent of the Appellant, the following appeals are dismissed:

LON/2004/1461

LON/2004/1462

LON/2004/1826

LON/2004/1854

LON/2004/1880

LON/2004/2303

LON/2005/0117

LON/2006/0510

LON/2007/0680.

For the avoidance of doubt, this decision is the final decision with regard to all matters considered by the tribunal in its preliminary decision made after a hearing on 17 and 18 July 2006 and its previous decisions referred to in that decision; and this decision applies to all deals in the conjoined appeals (as those terms are defined in those decisions) save in so far as appeals about specific deals have been decided by previous final decisions of the tribunal.

2. The costs of and occasioned by the conjoined appeals are to be paid to Her Majesty's Revenue and Customs and are to be the subject of a detailed assessment if not agreed.

DAVID WILLIAMS

CHAIRMAN

RELEASED: 13 November 2008