Part 3Entry and exit of goods, persons, and craft
Interest and penalties for late or incorrect payments of duty, incorrect refunds of duty, and drawback incorrectly allowed: Remissions and refunds of interest and penalties
168Penalties: remissions and refunds for good payment record
The chief executive must remit or refund a penalty payable under section 159 in respect of any duty (the late duty) if—
- the late duty has been fully paid to Customs; and
- every amount of relevant duty that was payable by the duty payer in the previous 2-year period (if any) was paid on time.
For the purposes of subsection (1)(b), an amount of relevant duty—
- was payable in the previous 2-year period if the payment date of the relevant duty fell within the 2-year period that ended with the day before the payment date of the late duty; and
- was paid on time if the relevant duty was fully paid to Customs before the close of the payment date of the relevant duty.
In this section,—
duty payer means the person, or any of the persons, by whom the late duty was payable
payment date has the meaning given to that term in section 160(2), (4), or (6) (as applicable)
relevant duty means any duty covered by section 160(1), (3), or (5).