HMITS1020 - Italian Tax Stamps (damaged or destroyed): Trader and HMRC processing procedures

Important: This manual is planned to be withdrawn after 7 April 2021. Please email hmrcmanualsteam@hmrc.gov.uk if you have any enquiries about the removal of this manual.

 

 

The following steps should be undertaken:

The stamp applier (warehousekeeper generally) undertaking the stamping operation will keep records of stamping runs, stamps destroyed and the reasons for destruction together with remedial action taken to prevent recurrence.

At the end of each run the warehousekeeper will submit two copies of a statement to HMRC, declaring the number of stamps damaged or destroyed during the operation, (see Appendix A) for the wording of this declaration. However, it will be for the warehousekeeper to produce this on his own company note paper, we do not propose to produce an ‘official’ form.)

We will endorse both copies of this declaration with an official stamp (essentially to the effect that it has been noted), retain one copy in our files and return the other to the warehousekeeper.

The warehousekeeper will forward the endorsed declaration to the Italian authorities.