What is a supply of goods?

A supply of goods includes:

(a) The transfer ownership of goods by agreement.

(b) The handing over of goods under a hire purchase type agreement.

(c) The handing over of land or buildings developed on behalf of another person.

(d) The compulsory acquisition of goods by or on behalf of the State.

(e) The application (self-supply) of goods from a taxable to an exempted activity.

(f) The appropriation (self-supply) of goods to non-business use.

(g) The transfer of goods from an ROI business to its branch in another EU State.

A supply of goods does not include:

(a) A transfer ownership of goods to a lender as security for a loan.

(b) A transfer ownership of goods back to the borrower on redemption of the loan.

(c) A transfer in connection with the transfer of a business or part of a business to another taxable person.

The general rule is that a supply of goods takes place where the goods are located at the time of the supply, with few exceptions.