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Retailers – Cooking chocolate is now zero rated for VAT
31/03/2010 Yesterday’s Revenue eBrief disclosed the following:
VAT – Cooking Chocolate
Following a recent determination by the Appeal Commissioner, the Revenue Commissioners accept that cooking chocolate comes within the meaning of paragraph (xii) of the Second Schedule to the VAT Act, 1972 (as amended) and is therefore liable to VAT at zero per cent.