The DTC Act requires a permit holder to keep records of the activities that are conducted under the permit for 5 years. There are various approaches that a permit holder can take to meet their obligation to keep a record of a supply, and these include:
Similar obligations to keep records of exported goods apply to permits issued under the Customs Act. In these circumstances, the obligation can be met by options including keeping a record of the commercial documentation that is generated to send the goods by sea, air or post.
Some permits have a condition that requires the permit holder to submit a report to us on the activities that occurred during a particular period. This condition will be clearly stated on the permit when it is issued. We will send you reminders when a report is due, and reminders if you do not submit your report in the required timeframe.Previous: Understanding the "required" threshold Next: Where can I get more information?