The Excise Goods (Holding, Movement and Duty Point) Regulations, SI 2010/593, (the HMDP regulations) have been in force for several years, but there have been few decisions regarding when an ‘irregularity’ and consequent duty point arises. The recent First-tier Tribunal decision of Logfret (UK) Ltd v HMRC [2017] UKFTT 484 (TC) considered a successful appeal against assessments raised on the basis that there were deemed irregularities, and has provided some welcome clarification regarding the application and scope of the HMDP regulations.
The Excise Goods (Holding, Movement and Duty Point) Regulations, SI 2010/593, (the HMDP regulations) have been in force for several years, but there have been few decisions regarding when an ‘irregularity’ and consequent duty point arises. The recent First-tier Tribunal decision of Logfret (UK) Ltd v HMRC [2017] UKFTT 484 (TC) considered a successful appeal against assessments raised on the basis that there were deemed irregularities, and has provided some welcome clarification regarding the application and scope of the HMDP regulations.