Before the TAC, the firm stated that in the majority of cases where the firm’s goods were sold to UK registered companies, the un-named goods were delivered personally by the company MD and on that basis the paperwork on the shipping of the goods would be non-existent.
The firm argued that Revenue’s €2.2 million cumulative assessment was not based on the books and records of the company and did not correctly or accurately reflect the company’s trading transactions. Counsel for CAB argued at the TAC hearing that the appeal must fail on the basis that no documentary evidence has been adduced that the goods were removed from the State and dispatched to another member state.
In her findings, Ms Millrine found that the VAT assessments from 2015 to 2018 totalling €2.2 million should stand and the annual assessments included €547,615 for 2015, €1.13 million for 2016 and €434,425 for 2017. Documentation lodged by the firm show that in the 2015 to 2018 period, it had sales to EU countries totalling €16.3 million and value of imports from EU countries totalled €15.92 million.
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