31.05.2024.
On May 30th, 2024 the Directorate-General Taxation and Customs Union of the EU Commission has released the updated guidance document on CBAM implementation for importers of goods into the EU.
The document contains the latest views on this important topic and a number of corrections vs. the earlier version.
A good occasion to go through your CBAM obligations as an importer of commodities into the EU.
Source/read more:
17.06.2024.
On 10 June 2024, EU Council Regulation 2024/1652 was published, concerning a number of amendments to the European goods nomenclature. Such amendments are published on a six-month basis according to good tradition. These amendments enter into force on 1 July 2024. The right moment to bring master data in line with these changes, and in […]
07.05.2024.
On 1 May 2024, the Free Trade Agreement (FTA) between the European Union and New Zealand, signed in Brussels on 9 July 2023, has entered into force. This FTA will lead to increased trade between the EU and New Zealand, and will offer, amongst others, lower trade barriers and customs duty rates. In order to […]
12.12.2023.
On 27 November 2023, the EU Commission has extended the current EU’s Generalised Scheme of Preferences (the so-called ‘GSP’ scheme) regulation until the end of 2027. This GSP scheme of customs duty preferences removes EU import duties for products released for free circulation in the EU, originating in vulnerable developing countries, and has been a […]
02.11.2023.
The European Commission has published the latest version of the Combined Nomenclature (CN) applicable as from 1 January 2024. The CN is the basis for the declaration of your goods upon importation and exportation, or when subject to intra-EU trade statistics (Intrastat reporting). The commodity codes linked to your goods determine the customs duty rates, as well as […]
