TRAVELLERS CASUALTY & SURETY CO OF EUROPE LTD ZURICH GSG LTD LLOYD’S SYNDICATE 33 ST PAUL INTERNATIONAL INSURANCE COMPANY LTD NEW HAMPSHIRE INSURANCE COMPANY LTD DE MONTFORT INSURANCE COMPANY PLC v COMMISSIONERS OF CUSTOMS AND EXCISE

[2006] Lloyd's Rep IR 63

VAT TRIBUNAL

Before T Wallace (Chairman) and K S Goddard

Reinsurance - Insurance Premium Tax - Surety bonds issued by insurers - Reinsurance of liabilities under surety bonds obtained by insurers - Whether reinsurance premiums subject to Insurance Premium Tax - Finance Act 1994, section 70 and Schedule 7A, para 1.