Section 20 — the due diligence condition
Find out about the due diligence condition of approval for an alcoholic products producer.
Due diligence is the proper reasonable care a company exercises when entering into business relations or contracts with other companies, and how it responds in a deliberate, reflexive manner to trading risks identified.
It is a condition of your alcoholic products producer approval (APPA) that you comply with the due diligence condition by considering and managing risks of excise duty evasion as well as any commercial and any other risks when trading.
For information on due diligence and obligations, read section 10 of registration and approval of excise goods held in duty suspension (Excise Notice 196) and the Excise Due Diligence condition guidance.