TPD2090 | General Principles: Control objectives and potential risk areas: Returned goods

Returned goods

Control objective:

To ensure that credit is claimed only for eligible return product and is accurately calculated.

Potential risk area:

• Duty reclaimed at the rate at the time of disposal and not at the rate when the product was put into home use

• Duty reclaimed for a different product

• Duty reclaimed on stock which is duty free

• Weight of product overstated eg weight now, not when cleared to home use

• Duty incorrectly claimed due to error in supporting schedules

• Duplicate claims made

• No evidence of duty payment (appropriate for imports)