Requires safeguarding goods, keeping records, invoices and price lists, using the registration number and enabling supervision.
What should you do now?Trace a sample item from receipt to sale through stock, price and tax records.
What does this Article provide?
Requires safeguarding goods, keeping records, invoices and price lists, using the registration number and enabling supervision.
This is a verified plain-language summary. The binding full text remains in the official Regulations file linked below.
What does the Article mean in plain language?
Registrant duties continue after certification: safeguard goods, retain records, invoices and prices, use the registration number and enable supervision. These are ongoing operational duties. A period return cannot replace traceable stock and price records. Allocate internal responsibilities across inventory, invoicing and tax functions.
Relevant to importers, producers and holders of goods under suspension.
Trace a sample item from receipt to sale through stock, price and tax records.
How can this rule appear in practice?
A product movement request should reconcile opening stock, purchases, sales, damage and closing stock.
The example is explanatory; it is not an NBR case or a binding result for a specific fact pattern.Treating filing as sufficient despite missing movement records.
Related Articles
Registration and warehouses guide
Open the topic guide that combines Law, Regulations, procedure and examples in one flow.
Open practical guideBefore relying on the result
Is this commentary enough for a final decision?
No. Use it to understand and route the issue, then match the facts against official legislation, amendments and current guidance, obtaining specialist advice for material amounts, deadlines or penalties.
Why are several sources listed?
The Law states the rule, the Regulations detail procedure and the guide explains portal operation. None replaces the others.
What is the first fact I need?
Trace a sample item from receipt to sale through stock, price and tax records.
Official sources and guidance
Official source of the Regulations, read with the 2022 amendment and later decisions.
Used for operational context, terminology and examples; it does not replace legislation.
Operational reference for registration and warehouse-licensing applications on the NBR portal.