Record-keeping obligations and legislation

A chargeable person may make a supply that relates to the transfer of ownership of a concrete product by sale or agreement. If so, the chargeable person must issue a document to the person to whom the supply is made, detailing:

• the amount of levy applied to the concrete products
• the supply date of the liable concrete products
• and
• the name of the chargeable person.

Where a supply relates to the assignment, or use, of a concrete product, the chargeable person must keep a record of:

• the amount of levy applied to the concrete product
• and
• the supply date of the concrete product.

Records are required to be retained for six years from the end of the accounting period.

A non-exhaustive list of records to be retained includes:

• supply documents such as invoices, delivery and purchase records
• specific concrete product information to enable identification of products
• the Open Market Value (OMV) of concrete products
• the calculation of levies for an accounting period
• the documentation supplied to purchasers
• and
• the declarations made by precast concrete product manufacturers to ready to pour concrete suppliers.