After sub-paragraph (c) of regulation 30(3) of the principal Regulations there shall be added the following sub-paragraph–“d the value of any supply which, under or by virtue of any provision of the Act, the taxable person makes to himself”
After regulation 30A of the principal Regulations there shall be inserted the following regulation–“30B Where under or by virtue of any provision of the Act a person makes a supply to himself, the input tax on that supply shall not be allowable as attributable to that supply.”
(1)This regulation applies where a taxable person has been allowed, pursuant to regulation 30(5) of the principal Regulations, to use a method other than one specified in regulation 30 of the principal Regulations for calculating the amount of input tax to be provisionally attributed to taxable supplies by him in any prescribed accounting period.
(2)Where this regulation applies, a taxable person calculating any amount as is mentioned in paragraph (1) above shall not include in the calculation (if the method in question would otherwise allow it)–
(a)the value of any supply which, under or by virtue of any provision of the Act, the taxable person makes to himself; and
(b)the input tax on such a supply.
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