Duty points: What are the duty points under HMWR?
HMWR Regulation 4 provides duty points for goods owned in a warehouse. Where dutysuspension arrangements apply, the excise duty point shall be the earlier of:
- the time when the goods are delivered for home use from a tax warehouse or are otherwise made available for consumption;
- the time when they are consumed;
- the time when the excise goods leave any tax warehouse, unless
they are lawfully removed to another tax warehouse in accordance with HMWR Regulation 9 and 10;
goods are delivered for export, shipment as stores, removal to the Isle of Man;
or there is a relief on the goods under the Customs and Excise Acts.