Businesses seeking to operate as excise warehousekeepers can apply through HMRC to gain the necessary authorisation for storing excisable goods. The guidance covers the full application process, along with procedures for modifying an existing authorisation or withdrawing from the scheme. Excise warehousekeepers store goods such as alcohol and fuel while deferring payment of excise duties until those products enter the market.
Source: HMRC (GOV.UK) – Read the original