The Excise Duty Point (External and Internal Community Transit Procedure) (Amendment) Regulations 1998

Explanatory Note

(This note is not part of the Regulations)

These Regulations, which come into force on 11th January 1999, substitute a new regulation for regulation 9 of the Excise Duty Point (External and Internal Community Transit Procedure) Regulations 1998/202 (Payment of the excise duty) (called “the principal Regulations”).

The new regulation requires a person, liable under the principal Regulations to pay excise duty relating to an excise duty point specified by Regulation 4 or 5 of those Regulations, to pay the amount to the Commissioners of Customs and Excise upon the occurrence of that excise duty point.

The reason for the substitution is that the former Regulation 9 has become redundant by virtue of the provision of a new power of assessment of an amount of excise duty due from a person liable to pay the amount of duty, for example by virtue of Regulation 6 or 7 of the principal Regulations, and which amount can be ascertained by the Commissioners.

That new power of assessment is governed by section 12(1A) of the Finance Act 1994, c. 9, inserted by paragraph 7 of Schedule 2 to the Finance Act 1998, c. 36. That schedule, for the purpose of section 12(1A), was brought into force by the Finance Act 1998, Schedule 2, (Appointed Day) Order 1998/2243 c. 51 on 1st October 1998.