Value Added Tax Act 1994 section Schedule 9ZB paragraph 24

Incorrect Northern Ireland fiscal warehousing certificates

Section Schedule 9ZB paragraph 24 sets out the penalties that apply when a person prepares an incorrect certificate in connection with the acquisition of goods into a Northern Ireland fiscal warehouse from an EU member State.

• A person who prepares an incorrect fiscal warehousing certificate for goods acquired in Northern Ireland from a member State is liable to a penalty equal to the full amount of VAT chargeable on that acquisition.
• No penalty applies if the person can demonstrate to HMRC, or on appeal to a tribunal, that there was a reasonable excuse for preparing the incorrect certificate.
• No penalty applies if the person has already been convicted of a criminal offence in relation to the same incorrect certificate.
• Any penalty imposed is subject to the same assessment and appeal rules that apply to penalties for other incorrect VAT certificates under section 62 of the Act.