Stock Group

Pay Excise

What is this for ?

This is an additional module for the system and can be used to pay the duty on an entire rotation.

If you only wish to pay for part of the rotation then you can not use this function as all it does is mark the rotation as duty paid and posts a payment for excise duty to the government website.

When would I use it ?

It can be used to pay excise duty on a rotation when the government plan to increase the duty on the product, this is usually due to budget changes annually or every six months.

It can also be used to pay excise duty for products stored for your customer where they are not authorised for that item, and they must clear it within 72 hours under the excise rules.

Duty Stamps

What is this for ?

To provide you with controls over the usage of duty stamps, this forms a register of the stamp usage, whether adding or removing a duty stamp from applicable stock items.