SCHEDULES

SCHEDULE 41Penalties: failure to notify and certain VAT and excise wrongdoing

Handling goods subject to unpaid excise duty

I1C14

1

A penalty is payable by a person (P) where—

a

after the excise duty point for any goods which are chargeable with a duty of excise, P acquires possession of the goods or is concerned in carrying, removing, depositing, keeping or otherwise dealing with the goods, and

b

at the time when P acquires possession of the goods or is so concerned, a payment of duty on the goods is outstanding and has not been deferred.

2

In sub-paragraph (1)—

  • “excise duty point” has the meaning given by section 1 of F(No.2)A 1992, and

  • “goods” has the meaning given by section 1(1) of CEMA 1979.