See the Section on ‘Central Accounting Points’ in
HCOTEG130000 for further information
on the use of
excise duty deferment by oils traders
Deferment of excise duty is introduced in Public Notice 179 Part 10
Public Notice 179, paragraph 10.18 instructs traders on procedures for notifying alterations to their duty deferment approvals. In addition to the copy notification received from the trader, the CAPO will receive confirmation of the revised detail from CDO on Form C1210.
You must ensure that traders use the correct accounting periods and payment dates as shown at paragraph 10.6 of Public Notice 179.
The procedures to be followed are given in Public Notice 101
When customs duty is to be paid by means of a duty deferment account the total for each Tariff commodity code should be included in the return on Form C88A for each accounting period. In other cases the duty must be paid to the HMRC on Form C88A before the oil is taken for use or is disposed of after process.
See HCOTEG131750 in the ‘Central Accounting Points’ section in this guidance.
Traders must collate at one central accounting point, details of
all dutiable deliveries, duty credits and rebates. Additional
records must be set up there, so that traders can properly control
their duty liabilities.
See the section on ‘Central Accounting Points’ HCOTEG130000 in this guidance and Public Notice 179 paragraph 10.17 for further details.
See HCOTEG131750 in the ‘Central Accounting Points’ section of this guidance.