§ Sir J. Langford-Holtasked the Chancellor of the Exchequer if he will list all the professional associations, trade associations, trade unions and charities which have made representations to him seeking exemption from VAT or zero-rating for their particular interest.
§ Mr. HigginsNo such list is available and it could be produced only with disproportionate effort. Customs and Excise has had discussions with more than 700 organisations of all types.
§ Mr. Fauldsasked the Chancellor of the Exchequer whether, and if so how, value added tax chargeable under the special scheme for works of art and antiques contained in Her Majesty's Customs and Excise Notice No. 712 can be recovered by a dealer if goods sold by him within the scheme are returned by the purchaser either before or after payment for them.
§ Mr. HigginsIf the sale is cancelled, the sale details in the dealer's stock record should be cancelled and, if necessary, his output tax records amended accordingly.
199W
§ Mr. Fauldsasked the Chancellor of the Exchequer (1) how many registrations for VAT had been made by 5th March under classification No. 8994 as specified in Her Majesty's Customs and Excise VAT trade classification notice No. 41;
(2) how many registrations for VAT had been made by 5th March under classification No. 8221 as specified in Her Majesty's Customs and Excise VAT trade classification notice No. 41.
§ Mr. HigginsThe latest date for which the figures are available is 1st March when they were 50 for trade code 8994—public museums, libraries and galleries—and 5,328 for trade code 8221—antique dealers, secondhand furniture shops, etc.
§ Mr. Fauldsasked the Chancellor of the Exchequer if it is his intention that an art or antique dealer operating the special scheme contained in Her Majesty's Customs and Excise Notice No. 712 may include within the special scheme an eligible item provided that it is entered in the special stock record before the tax point, notwithstanding the fact that it was not entered in the special stock record at the time of acquisition.
§ Mr. HigginsAn eligible article can be entered in the stock book after its acquisition but before its sale under the scheme, provided that—if the article was acquired after 1st April 1973—the appropriate purchase invoice or documentary evidence detailed in paragraph 5 of notice No. 712 is held.
§ Mr. Fauldsasked the Chancellor of the Exchequer if it is his intention that an invoice issued by a dealer under the provisions of the special scheme contained in Her Majesty's Customs and Excise Notice No. 712 is to be regarded as a tax invoice.
§ Mr. HigginsNo.