SPE15030 - Duty management and closing stock balance systems: updating the duty management system

Note: This manual is under review following Brexit and is likely to be withdrawn. If there is anything within this manual you use regularly, please email hmrcmanualsteam@hmrc.gov.uk to let us know. Please check the other guidance available on GOV.UK from HMRC.

The duty management system can be updated:

• on a transaction by transaction basis
• by adjustment using the closing balance system (after receipts have been added and deliveries subtracted from the previous day’s balance), or
• by applying separate files (suggested order of application - receipts, removals, adjustments).

It is only when this update has been completed that it can be confirmed whether the removal was from duty suspended stock or duty paid stock depending on what is being held for that particular product.

Note: Northern Ireland (NI) customs authorisations will continue to fall within the provisions of the Union Customs Code (UCC), as retained by the European Union (Withdrawal) Act 2018 and CEMA 1979.