alan-powell

Customs has a rethink on excise goods fines

HM Revenue & Customs (HMRC) says it will carry out an ‘internal review’ of penalties on companies involved in excise goods. If follows representations from the United Kingdom Warehousing Association (UKWA) and others concerned that logistics service businesses such as third party warehouse keepers and hauliers could risk duty assessments and huge penalties for making a simple procedural error with ‘duty-suspended’ excise goods stored or distribute on behalf of their ... [+]