TPD2080 – General Principles: Control objectives and potential risk areas: Receipts

Control objective:To ensure that:-
  • all materials and finished goods received into the registered premises are properly recorded and brought to account.
Potential risk area:
  • The standard of the trader’s receipts records;
  • Un-notified discrepancies;
  • Customs duty not accounted for;
  • Duty-free returns entered as duty-paid stock.