https://www.taxtmi.com/caselaws?id=162478 VAT treatment of a mixed transaction turns on the arrangement's essential character in economic reality, not on an artificial splitting of its components. Where a card protection plan was designed primarily to provide financial protection against loss from card misuse or theft, the insurance cover was the dominant supply. Registration, notification, replacement, and assistance services were merely ancillary incidents that enabled better enjoyment of the principal protection and did not constitute independent aims. The entire arrangement therefore took the character of a single exempt insurance supply, with the ancillary elements sharing that exempt treatment. en-us Wed, 31 Jan 2001 00:00:00 +0530 Tue, 31 Mar 2015 11:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=162478 VAT treatment of a mixed transaction turns on the arrangement's essential character in economic reality, not on an artificial splitting of its components. Where a card protection plan was designed primarily to provide financial protection against loss from card misuse or theft, the insurance cover was the dominant supply. Registration, notification, replacement, and assistance services were merely ancillary incidents that enabled better enjoyment of the principal protection and did not constitute independent aims. The entire arrangement therefore took the character of a single exempt insurance supply, with the ancillary elements sharing that exempt treatment. Case-Laws VAT and Sales Tax Wed, 31 Jan 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=162478