Deemed Supply. 1. A Taxable Person shall be deemed to have made a Supply of Goods when disposing of Goods that form part of its assets in any of the following cases: a) disposal of Goods, for purposes other than Economic Activity, with or without a Consideration; b) changing the use of Goods to use for non-taxable Supplies; c) retaining Goods after ceasing to carry on an Economic Activity; and d) supplying Goods without Consideration, unless the Supply is in the course of business, such as samples and gifts of trivial value as determined by each Member State. 2. A Taxable Person shall be deemed to have made a Supply of Services in any one of the following cases: a) use by him of Goods that form part of his assets for purposes other than those of an Economic Activity; and
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Samples: Common Vat Agreement, Common Vat Agreement, Common Vat Agreement
