Customs and Excise Act, 1964 (Act No. 91 of 1964)

Customs and Excise Rules

Purchase

21.04.11

(a)	The licensee of a duty and tax free shop must establish and maintain an inventory control system approved by the Commissioner to reflect, at least—

(i)	a precise description of the goods together with a clear distinction between the types of goods;

(ii)	the quantities of goods received in the duty and tax free shop and removed therefrom;

(iii)

the date of receipt of the goods in the duty and tax free shop, the date of sale and the date of removal;

(iv)	monthly and year-end balances of all unsold goods in the duty and tax free shop;

(v)	particulars of goods lost, destroyed or damaged; and

(vi)	any other particulars as may be specified by the Commissioner.