§ Mr. Fauldsasked the Chancellor of the Exchequer whether he will agree to see individuals with specialised knowledge who have sought interviews with him in connection with the export of works of art of national and historic interest, bearing in mind the financial incentive for art dealers and auctioneers to export these goods following the introduction of value added tax.
§ Mr. HigginsAny request for an interview would be considered on its merits.
§ Mr. Fauldsasked the Chancellor of the Exchequer whether it is his intention that all invoices for transactions in works of art and antiques under the special scheme contained in Customs and Excise Notice No. 712, whether between two taxable persons or between a taxable person and a private person, shall be required to be certified by both parties in accordance with the provisions of paragraph 5 of Notice No. 712.
§ Mr. HigginsYes.
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§ Mr. Fauldsasked the Chancellor of the Exchequer if it is his intention that where a work of art or antique is purchased by one taxable person from another taxable person within the special scheme contained in Customs and Excise Notice No. 712, both buyer and seller must retain invoices certified by each of them in accordance with paragraph 5 of Notice No. 712.
§ Mr. HigginsThe copy sales invoice retained by a taxable person selling under the scheme must be certified by the buyer and the seller as required in paragraph 5 of the notice. A taxable buyer wishing to use the scheme must retain the sales invoice issued by the seller.