VPDS143060 | Vaping Products Duty and Vaping Duty Stamps: Duty stamps - approval: Fit and proper considerations: Record keeping

Revenue traders are required to keep general records under section 118A of CEMA 79 and the Revenue Traders (Accounts and Records) Regulations 1992.

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 particular breaches, should be taken into account.