Manage the receipt of duty-suspended and duty-paid excise goods
Overview
This standard is about managing the receipt of duty-suspended and duty-paid excise goods. It covers both your organisation’s and His Majesty's Revenue and Customs (HMRC) requirements for documentation and receipt of goods. The standard is aimed at the authorised warehouse keeper who is approved to own or hold duty-paid and duty-suspended goods. It also covers what to do in the event of identifying and recording discrepancies that may occur while receiving goods.
This standard is relevant to all individuals involved in managing excise warehouse operations.
Performance criteria
You must be able to:
- confirm that incoming excise goods are expected and comply with your warehouse approval conditions
2. check that excise goods received are accompanied by valid documentation
3. confirm the duty status of the excise goods being received
4. manage organisational procedures for checking goods and complying with relevant paperwork, and investigate discrepancies
5. report discrepancies in accordance with organisational and His Majesty’s Revenue and Customs (HMRC) requirements
6. manage and check that duty-suspended and duty-paid excise goods are stored in the approved warehouse location
7. check that excise goods are booked into the organisation’s booking system in accordance with organisational and His Majesty’s Revenue and Customs (HMRC) requirements
8. raise, record and mark stock accounts as authorised
9. confirm the receipt of excise goods in accordance with the relevant organisational and HMRC requirements
10. confirm that goods comply with organisational and His Majesty’s Revenue and Customs (HMRC) labelling and marking requirements
11. confirm that customer returns are recorded and accounted for in accordance with organisational and His Majesty’s Revenue and Customs (HMRC) requirements
Knowledge and Understanding
You need to know and understand:
- your organisation's procedure for control of excise goods inwards, and approval conditions, including duty point
2. the documentation required to accompany different types of receipt
3. the relevant legal and organisational procedures to follow if excise goods arrive without the required documentation
4. the different status of duty-suspended and duty-paid excise goods and how to identify them
5. the procedure that applies to receiving or refusing bonded goods, including only receiving goods identified on the original order, taking account of expiry dates and batch numbers
6. the different types of discrepancies that require recording and the organisational procedures for reporting them
7. how to store excise goods received and what constitutes secure storage and required locations
8. how to undertake the booking in of goods being received and His Majesty’s Revenue and Customs (HMRC) Excise Movement and Control System requirements for booking, including the different types of booking systems available and the implications of recording incorrect information
9. your organisation’s procedures for managing the receipt of excise goods, including the updating of stock accounts and other organisational systems
10 how the relevant legislative requirements differ from product to product
11 the relevant His Majesty’s Revenue and Customs (HMRC) requirements and organisational procedures for recording customer returns, and the implications of recording incorrect information
Scope/range
Scope Performance
Scope Knowledge
Values
Behaviours
Skills
Glossary
Authorisation: any approval or registration provided by His Majesty’s Revenue and Customs (HMRC) to allow the dealing in duty-suspended goods
Discrepancies: any differences between what is expected and what is recorded in the goods control system, in accordance with both HMRC and organisational requirements
Duty deferment: a system whereby HMRC allow excise duty liabilities in a return period to accumulate and be paid by direct debit on appointed dates after the end of the period. It is a form of credit arrangement underwritten by a financial guarantee provided by the deferment account holder
Duty point: when goods become liable to duty because of a legitimate or irregular occurrence or movement
Duty status: an indicator in the warehouse records as to whether any excisable goods are excise duty-suspended or duty-paid
Duty-suspended goods: any excise goods on which UK duty has not been paid
Excise goods: any goods or items stored in the warehouse that attract excise duty
His Majesty's Revenue and Customs (HMRC): the department responsible for controlling excise and customs warehousing (separate, but collectively referred to as bonded warehousing), including associated Excise Notices, in the UK
Labelling and marking requirements: requirements for the correct labelling and identification of goods and stock, in accordance with HMRC requirements
Returns: goods returned to the manufacturer or registered/rightful owner