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No VAT will be charged on the hammer price, but VAT at 17.5% will be added to the buyer's premium which is invoiced on a VAT inclusive basis.
Details
THANKA
Tibet, 18th century
gouache and gold on cloth, with central, serene-faced buddha standing with immortals and accolytes on a cloud, ocean below with immortals in boats and riding on sea-serpents and dragons, further immortals in clouds above, brocade cloth borders - 80.5 x 54cm.
See illustration
Special Notice
No VAT will be charged on the hammer price, but VAT at 17.5% will be added to the buyer's premium which is invoiced on a VAT inclusive basis.