TPD2090 - General Principles: Control objectives and potential risk areas: Returned goods

Returned goods

Control objective:

To ensure that credit is claimed only for eligible return product and is accurately calculated.

Potential risk area:

• Duty reclaimed at the rate at the time of disposal and not at the rate when the product was put into home use
• Duty reclaimed for a different product
• Duty reclaimed on stock which is duty free
• Weight of product overstated eg weight now, not when cleared to home use
• Duty incorrectly claimed due to error in supporting schedules
• Duplicate claims made
• No evidence of duty payment (appropriate for imports)