HCOTEG122310 | Marking: records and accounts

Duty accounting and processing

The procedures, forms and documents for the marking of oils are covered in more than one section in this guidance.

For further information on duty accounting and processing, please see the sections on ‘Central Accounting Points’ HCOTEG130000, and on ‘Traders Accounts, Records and Returns’ HCOTEG140000.

These should be read in conjunction with the information contained in Notice 179.

Accounting for oils marked at duty suspended warehouses and registered remote marking

Traders' responsibilities for accounting for the receipt, use and stocks of composite marker solutions for gas oil and kerosene are covered in section 8 of Notice 179.

The records specified in Notice 179 paragraph 8.7 should be kept where Gas Oil Marker Concentrate (GOMC) is delivered to a duty-suspended or partially duty-suspended installation and a credit of duty is claimed.