VPDS126060 | Vaping Products Duty and Vaping Duty Stamps: Uk representative for duty stamps: Fit and proper considerations: Record keeping

Revenue traders are required to keep general records under CEMA s118A and the Revenue Traders (Accounts and Records) Regulations 1992. Additionally, traders who are approved under VPPDSC Regs 2026 have additional record keeping requirements as stated in the external guidance.

You should review the applicant’s compliance with record keeping requirements. Persistent failure to comply with regulatory requirements and previous warnings and penalties, as well as the seriousness of any breaches, should be taken into account.