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Old 27th Jul 2009, 9:57 am   #3
GMB
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Join Date: Aug 2003
Location: near Reading (and sometimes Torquay)
Posts: 3,095
Default Re: Purchase Tax on radio valves

This bizarre logic was continued into the VAT era of course.

Perhaps some people will remember the days of the dual VAT rates where some parts had the higher rate VAT because they were deemed to be for use in consumer products. I remember zener diodes being classified that way (obviously ).
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