Annual report & statement of accounts
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- ANNUAL REPORT STATEMENT OF ACCOUNTS
- E XCISE T AX
| P RIVATE W AREHOUSE During the year under review, staff monitored the receipt and delivery of various items into and from private warehouses to ensure that procedures were adhered to and records were maintained accurately by warehouse keepers. The receipt of one thousand, one hundred and fifteen (1,115) vehicles and a combined total of one thousand, six hundred and forty-one (1,641) tyres, generator sets and electrical appliances into private warehouses was monitored along with the receipt of one hundred and twelve (112) cases of alcoholic beverages into Duty Free Shops. Staff also monitored the delivery of one thousand and twenty- five (1,025) vehicles and a combined total of nine hundred and eighty-five (985) tyres, generator sets and electrical appliances from warehouses. ANNUAL REPORT & STATEMENT OF ACCOUNTS 34 In addition, sixty-six (66) inspections were carried out on existing private warehouses, while approval was granted for one (1) newly established Private Warehouse to operate. Re-warehousing activities were monitored on one (1) occasion. E XCISE T AX The staff attached to the Excise Tax Section reviewed one thousand, one hundred and ninety-six (1,196) transactions related to the manufacture, bottling and entering of liquor into bonded warehouses, conducted reconciliation activities for the removal of liquor from bonded warehouses for local consumption on eight thousand and forty-four (8,044) occasions and completed reconciliation of records relating to the transfer of liquor to other warehouses on seven hundred and eighty-three (783) occasions. Further, staff also inspected, reconciled and sealed five hundred and sixty (560) consignments of liquor which were released for export, approved three hundred and thirteen (313) requests for the removal of goods from warehouses for local consumption, approved seven hundred and eighty-four (784) entries for the transfer of goods from bonded warehouses and approved eighty-four (84) permits for the sale of bulk alcohol locally. Random visits were also carried out to ensure that warehouse records and distillery records were correctly maintained by warehouse staff and records in TRIPS were continuously reviewed to ensure that the correct taxes were paid on alcoholic, petroleum and tobacco products and vehicles. Staff also conducted examinations of motor vehicles based on applications for registration on seven thousand, three hundred and twenty-five (7,325) occasions to ensure that the correct amount of Excise Tax was paid. Download 2.59 Mb. Share with your friends:
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