Taxes Consolidation Act 1997 section 443

Meaning of "goods"

Section 443 defined the term "goods" for the purposes of the manufacturing relief in Part 14 of the TCA 1997 and listed the wide range of activities that were treated as the manufacture of goods in the State.

• The basic rule was that "goods" meant items physically manufactured in the State in the course of a trade by the claimant company, with a special look-through where one 90 per cent group company manufactured and another sold.
• The definition was extended by statute to cover fish farming, plant micro-propagation, meat processing in approved establishments and fish processing.
• Goods sold by retail and goods sold to the intervention agency were excluded, and certain low-value-add processes (such as packaging, cooking food for immediate consumption, and simple repairs) were not regarded as manufacturing.
• A long list of activities — ship repair, qualifying engineering services, computer services, qualifying shipping, Special Trading House exports, aircraft repair, film production, computer equipment remanufacture, society sales of farm and fish produce, milk product sales, newspaper production and contract manufacturing — were deemed to be the manufacture of goods.