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Records to evidence figures in plastic packaging tax return

Records must be maintained to evidence the figures included in plastic packaging tax returns¹.

Records must be kept by reference to each 'product line' that is produced/imported².

A 'product line' is defined as a group of plastic packaging components produced to the same specification³. For example, identical bottle tops would all be one product line.

Plastic packaging tax accounts

For each reporting period, records are maintained that show⁴:

1. Ìý

   •ÌýÌýÌýÌý a breakdown of the weight of the plastic packaging components finished or imported in each period

2. Ìý

   •ÌýÌýÌýÌý the weight of plastic packaging exported in the period on which tax was deferred

3. Ìý

   •ÌýÌýÌýÌý a breakdown of the weight of any plastic packaging for which a credit is claimed if the packaging has been:

4. Ìý
   1. Ìý

      –ÌýÌýÌýÌý exported, or

   2. Ìý

      –ÌýÌýÌýÌý converted into new packaging components

5. Ìý

   •