SCHEDULES
SCHEDULE 7VAT: zero-rating of adapted motor vehicles etc
Penalty
3
1
Section 62 of VATA 1994 (incorrect certificates as to zero-rating etc) is amended as follows.
2
After subsection (1A) insert—
1B
Where—
a
a person gives a certificate for the purposes of Note (5R) to Group 12 of Schedule 8 with respect to a supply of a motor vehicle, and
b
the certificate is incorrect,
the person giving the certificate is to be liable to a penalty.
3
In subsection (2), at the end insert—
c
in a case where it is imposed by virtue of subsection (1B), the difference between—
i
the amount of the VAT which would have been chargeable on the supply if the certificate had been correct, and
ii
the amount of VAT actually chargeable.