Business Terms and Jargon Explained

What is Specified Supplies

Tax Definition:-

Supplies specified by Treasury Order which are not taxable supplies, but which carry the right to recover input tax incurred in making them.

Crown Copyright. Material taken from HM Revenue & Customs. Reproduced under the terms and conditions of the Click-Use Licence.

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Term created / updated 2006-12-12 00:25:43

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