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Amendment of section 12 (deductions for tax borne or paid) of Principal Act.
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174.—Section 12 of the Principal Act is hereby amended—
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(a) in subsection (1) (inserted by the Act of 1987) by the insertion of the following subparagraphs after subparagraph (ii) of paragraph (a):
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“(iia) subject to such conditions (if any) as may be specified in regulations, the tax chargeable during the period, being tax for which he is liable in respect of intra-Community acquisitions of goods,
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(iib) subject to and in accordance with regulations, in respect of goods supplied under section 3 (1) (g) an amount equal to any residual tax included in the consideration for the supply,”,
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and
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(b) in subsection (3) (inserted by the Act of 1978):
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(i) by the substitution in subparagraph (iii) of paragraph (a) for “acquisition (including hiring)” of “purchase, hiring, intra-Community acquisition, or importation”, and
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(ii) by the insertion in subparagraph (iv) of paragraph (a) after “purchase” of “intra-Community acquisition or importation”.
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