January 18, 2023
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Customs valuation of raw materials and waste as subject of the circular economy

Photo by Pawel Czerwinski on Unsplash

In the EU Customs Valuation Compendium, we can find a Commentary on the customs valuation of waste. The need for regulation of this topic is growing together with an aim to meet the objectives of the circular economy. The Commentary is one of the newest interpretative instruments that has been published, so let's take a look at the clarifications it provides, including a practical case study.

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Environmental, Social and Governance (ESG)
01-01-2025

ESG stands for Environmental, Social and Governance, which are considered the three main pillars of ESG frameworks. These pillars cover key areas that companies must address and report on. The purpose of ESG is to identify and consider non-financial risks and opportunities associated with a company's day-to-day operations.

sustainability
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Environmental, Social and Governance (ESG)
01-01-2025

ESG stands for Environmental, Social and Governance, which are considered the three main pillars of ESG frameworks. These pillars cover key areas that companies must address and report on. The purpose of ESG is to identify and consider non-financial risks and opportunities associated with a company's day-to-day operations.

sustainability
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CBAM goods
29-12-2024

CBAM goods are all goods for which the embedded emissions must be reported. In the EU, they are listed in Annex I to the CBAM Regulation.

sustainability
Topic spotlight
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X marks the spot
20-10-2024

This article talks about the meaning of “ex” before commodity codes listed under Annex I of the EU Deforestation Regulation. With confusion around the interpretation of these codes, it’s one of the points that would need to be clarified before the Regulation can be implemented.

Bert Van Leeuwen

law, sustainability
Topic spotlight
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X marks the spot
20-10-2024

This article talks about the meaning of “ex” before commodity codes listed under Annex I of the EU Deforestation Regulation. With confusion around the interpretation of these codes, it’s one of the points that would need to be clarified before the Regulation can be implemented.

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Country update
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Supervision costs to make a foodstuff "Kosher" are dutiable in Israel
13-10-2024

Customs valuation disputes are very common worldwide. In Israel, valuation disputes concerning foodstuff supervision costs were resolved few years ago, in favour of the State. It was ruled that these supervision costs are inseparable from the goods value, and therefore dutiable.

Omer Wagner

valuation
Country update
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Supervision costs to make a foodstuff "Kosher" are dutiable in Israel
13-10-2024

Customs valuation disputes are very common worldwide. In Israel, valuation disputes concerning foodstuff supervision costs were resolved few years ago, in favour of the State. It was ruled that these supervision costs are inseparable from the goods value, and therefore dutiable.

Omer Wagner

valuation
Topic spotlight
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Ecodesign for Product Sustainability Regulation: what should economic operators expect?
22-09-2024

In June 2024, the EU took another step towards building a climate-neutral and circular economy and a greener environment. This is the adoption of the new Regulation (EU) 2024/1781 of the European Parliament and of the Council of 13 June 2024 - Ecodesign for Product Sustainability Regulation. The purpose of these innovations is declared to be quite noble - to increase product durability, reliability, maintainability, modernisation, reusability and recyclability, as well as to reduce waste generation and generally negative environmental impacts. Time will tell whether these goals will be achieved, as the first phase of implementation of these innovations is scheduled for July 2026. This article will help you understand what manufacturers, importers and other stakeholders can expect in the near future and the role customs will play in monitoring compliance with the new requirements.

Anthony Buckley

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Topic spotlight
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Ecodesign for Product Sustainability Regulation: what should economic operators expect?
22-09-2024

In June 2024, the EU took another step towards building a climate-neutral and circular economy and a greener environment. This is the adoption of the new Regulation (EU) 2024/1781 of the European Parliament and of the Council of 13 June 2024 - Ecodesign for Product Sustainability Regulation. The purpose of these innovations is declared to be quite noble - to increase product durability, reliability, maintainability, modernisation, reusability and recyclability, as well as to reduce waste generation and generally negative environmental impacts. Time will tell whether these goals will be achieved, as the first phase of implementation of these innovations is scheduled for July 2026. This article will help you understand what manufacturers, importers and other stakeholders can expect in the near future and the role customs will play in monitoring compliance with the new requirements.

Anthony Buckley

sustainability
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