The deferment accounting period for excise duty is from 0000
hours on the 15th day of each month to 2400 hours on the 14th day
of the following month.
Payment day is the last business day of the latter month.
The Central Accounting Point (CAP) must ensure that the HO10
Warrant is received in the Oils Accounting Centre in Southend * (
see below for address ) and payment made in accordance with the
timescales laid out in Notice 179.
(
N.B. Timescales vary depending on method of
payment).
A fully completed HO10 Warrant gives details of the total
quantities of oil removed from duty suspended warehouse by tax type
code and the gross amount of duty payable in Part 1.
The quantity of oil delivered is to be assessed in litres at
15ºC ( Standard Temperature ), for further information see
Public Notice 179, paragraphs 4.2 to 4.4
Any applicable duty credits and rebates are shown as
deductions in Part 2, in order to arrive at a net amount for duty
payment or reclaim.
A NIL return must still be submitted if no liability has been
accrued.
All
HO10 warrants must be signed in accordance with
Public Notice 179 paragraph 11.6.
The HO10 warrant comprises 3 copies, which after processing
by the oils accounting centre, are for use as follows:
original: retained by the oils accounting centre.
copy 2: forwarded to the CAPO.
copy 3: returned to the deferment holder’s CAP.
The procedure to be followed by traders in respect of
accounting errors determined after the goods have been delivered
from warehouse may be found in Public Notice 179.
* Central Deferment Office (CDO) Oils Team,
10th Floor South East
Alexander House
21 Victoria Avenue
Southend-on-Sea
Essex
SS99 1AA
