Customs and Excise Act, 1964 (Act No. 91 of 1964)Customs and Excise RulesChapter VIII : Registration, Licensing and Accredited ClientsRules for Section 64F of the ActLicensing of distributors of fuel obtained from the licensee of a customs and excise manufacturing warehouseKeeping of books, accounts and documents |
64F.05
| (a) | For the purposes of section 101 and notwithstanding anything to the contrary in any rule contained, every licensee must, as required in terms of rule 60.08(2)— |
| (i) | keep proper books, accounts and documents and any data created by means of a computer, of all transactions relating to the activity in respect of which the licence is issued, for a period of five years calculated from the end of the calendar year in which any such document was created, lodged or required for the purposes of any customs and excise procedure; |
| (ii) | include in such books, accounts, documents and data any requirements prescribed in any provision of the Act in respect of the activity for which the licence is issued: |
| (iii) | produce such books, accounts, documents and data on demand at any reasonable time and render such returns or submit such particulars in connection with the transactions relating to the licensed activity as the Commissioner may require. |
| (b) | Such books, accounts, documents and data must include where applicable— |
| (i) | proper accounting records of each type of goods obtained and removed; |
| (ii) | copies of invoices, dispatch delivery notes, bills of entry or other documents relating to the movement of the goods, transport documents, orders, payments received and made and proof of delivery to the consignee in respect of goods removed for any purpose contemplated in section 64F; |
| (iii) | copies of the contract of carriage entered into between the licensee and the licensed remover of goods in bond and delivery instructions issued to such remover in respect of each consignment; and |
| (iv) | copies of the applications for refund of duty and supporting documents. |