Taxes Consolidation Act 1997 section 531AAJA

First supply of ready to pour concrete to specified person

Section 531AAJA provides for a declaration procedure that exempts ready-to-pour concrete from the defective concrete products levy where that concrete is to be used in the manufacture of precast concrete products.

• A specified person (the customer) may make a declaration to the chargeable person (the supplier) on the first supply of ready-to-pour concrete, or part of that supply, that will be used in manufacturing precast concrete products, exempting it from the defective concrete products levy.
• The declaration must be in a Revenue-prescribed form, apply to first supplies on or after 1 January 2024, and include specified details such as names, addresses, Eircodes, tax reference numbers, supply date, volume in cubic metres, open market value, and confirmation that the concrete is for precast product manufacture.
• Both parties must retain copies of the declaration, the specified person must provide evidence of the concrete's use to Revenue on request, and false or misleading declarations can result in a penalty of up to €4,000 plus payment of the levy that would otherwise have been due.
• Knowingly providing incorrect information or aiding another person to do so is a criminal offence subject to the tax offence provisions of sections 1078 and 1079, and a person may appeal a Revenue determination of liability within 30 days.