The Revenue Traders (Accounts and Records) Regulations 1992

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1. Introductory Text

2. 1. Citation and commencement

3. 2. Interpretation

4. 3. Items and records (including an excise duty account) to be kept and preserved

5. 4. (1) A revenue trader shall keep and preserve a record...

6. 5. (1) Subject to paragraph (2) of this regulation, a revenue...

7. 6. A revenue trader shall keep and preserve such records as...

8. 7. Time of recording and period of preservation of items and records (including an excise duty account)

9. 8. Anything that is required by or under these Regulations to...

10. Signature

11. 1. Expand +/Collapse -

       SCHEDULE 1

       RECEIVED, PREPARED, MAINTAINED OR ISSUED ITEMS

       1. 1. An invoice.

       2. 2. A credit note.

       3. 3. A debit note.

       4. 4. A record relating to an importation or to an exportation....

       5. 5. A statement of account.

       6. 6. A record of payment or of receipt.

       7. 7. A journal or a ledger.

       8. 8. A profit and loss account, trading account, management account, management...

       9. 9. An internal or an external auditor’s report.

       10. 10. A record relating to any drawback, repayment or reimbursement of...

       11. 11. A record required, other than by virtue of these Regulations,...

       12. 12. Any other record maintained for a trading or business purpose....

       13. 1. Notes of interpretation

       14. 2. In note (1) above “anything” includes— (a) an item described...

       15. 3. In note 1 above “form” includes documentary or other written...

       16. 4. In paragraph 4, 6 and 10 above “record” means anything...

       17. 5. In paragraph 11 above “record” means anything containing information which...

       18. 6. In paragraph 12 above “record” means anything that is maintained...

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       SCHEDULE 2

       PARTICULARS OF THE EXCISE DUTY ACCOUNT

       1. 1. The amount, before adjustment, of any duty payable by the...

       2. 2. The amount of any adjustment in each accounting period.

       3. 3. The amount, after any adjustment, of any duty payable by...

       4. 4. The amount, date and method of payment of any duty...

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       SCHEDULE 3

       PARTICULARS TO BE READILY ASCERTAINABLE

       1. 1. The particulars specified at paragraph 2 below are to be...

       2. 2. (1) Particulars showing how the amount of duty was calculated,...

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       SCHEDULE 4

       1. 1. A drawing, graph, map or plan.

       2. 2. A photocopy.

       3. 3. A disc, sound track, tape, or other device in which...

       4. 4. Any film, microfilm, negative, tape or other device in which...

       5. 5. A transcript or reproduction.

12. Explanatory Note