(1) A dutiable
transaction is duty endorsed if a transaction record for it is duty endorsed.
(2) A transaction
record for a dutiable transaction is duty endorsed if it is —
(a)
endorsed by the Commissioner —
(i)
under section 273(2), (3) or (4) or 274(2); and
(ii)
if the transaction is a foreign dutiable transaction
— under section 273(2A);
or
(b)
endorsed or certified under a special tax return arrangement to indicate that
an amount of duty has been paid or is payable or that duty is not chargeable.
(3) A duplicate of a
transaction record for a dutiable transaction is duty endorsed if it is
endorsed under section 273(5).
(4) If the
Commissioner has established procedures for the electronic lodgment and
recording of data on dutiable transactions, a reference in this Act to a
transaction record being duty endorsed includes a reference to it being
certified by the Commissioner in accordance with those procedures to indicate
that an amount of duty is paid or payable or that duty is not chargeable.
[Section 272 amended: No. 24 of 2018 s. 11.]