'Businesses buying and/or selling any of the following goods:
● mobile telephones
● integrated circuit devices such as microprocessors and central processing units in a state prior to integration into end-user products.
'The reverse charge for mobile phones and computer chips was implemented with effect from 1 June 2007 to remove the opportunity for fraudsters to use these goods to perpetrate missing trader intra-community (MTIC) carousel fraud. As an exception to the normal accounting...
