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Homework answers / question archive / Walton Ltd agreed to construct a rubber processing plant for another, unrelated company, and began work on its construction during September of 2018

Walton Ltd agreed to construct a rubber processing plant for another, unrelated company, and began work on its construction during September of 2018

Accounting

Walton Ltd agreed to construct a rubber processing plant for another, unrelated company, and began work on its construction during September of 2018. Construction of the plant was completed on 16 April 2019. Payment for the work done was received on 12 April 2019 and Walton Ltd issued a VAT invoice on 3 May 2019. The customer started using the plant on 18 March 2019 even though construction was not actually complete at that date. What is the VAT point for the supply of the plant? O 2 May 2019 O 16 April 2019 18 March 2017 12 April 2012

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