16 Nov 2010
COCKBURN AND ORS V C S DEVELOPMENT NO 2 LIMITED SC 93/2010
- Citation
- SC 93/2010
- Court
- Supreme Court
The supply was not zero-rated as a sale of a going concern because the varied agreement required vacant possession so the purchaser did not acquire the vendors' leasing business; the deemed date of supply must be interpreted by reference to the contractual settlement terms; and s109 did not bar the courts from deciding the contractual dispute where no tax assessment was challenged.