TPD2090 - General Principles: Control objectives and potential risk areas: Returned goods
Returned goods
Control objective:
To ensure that credit is claimed only for eligible return product and is accurately calculated.
Potential risk area:
- Duty reclaimed at the rate at the time of disposal and not at the rate when the product was put into home use
- Duty reclaimed for a different product
- Duty reclaimed on stock which is duty free
- Weight of product overstated eg weight now, not when cleared to home use
- Duty incorrectly claimed due to error in supporting schedules
- Duplicate claims made
- No evidence of duty payment (appropriate for imports)