- News update
EU customs and trade news: December 2024
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- Topic: law
- Market: EU - European Union
- Copyright of the journal: CC Learning, UAB
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News in week 3: amendments to the Explanatory notes to the Combined Nomenclature - Chapter 87; EU-Chile Agreement on Trade enters into force on 1.2.2025; EU-Mexico Global Agreement modernisation; … amendments relating to anti-dumping and countervailing duties on imports of various products; new VAT rates in certain EU MS; CJEU on excise duty on irregularly imported tobacco products; NCTS-P5 Final Mode 21 January 2025; CJEU on records of discharging free zone procedure; exemption with regard to the use of F-gases in blast cabinets and some other goods; updated CBAM guidance documents; list of authorities authorised to issue BOI; conditions for the use of the CHED document in certain cases.
News in week 3: amendments to the Explanatory notes to the Combined Nomenclature - Chapter 87; EU-Chile Agreement on Trade enters into force on 1.2.2025; EU-Mexico Global Agreement modernisation; amendments relating to anti-dumping and countervailing duties on imports of various products; new VAT rates in certain EU MS; CJEU on excise duty on irregularly imported tobacco products; NCTS-P5 Final Mode 21 January 2025; CJEU on records of discharging free zone procedure; exemption with regard to the use of F-gases in blast cabinets and some other goods; updated CBAM guidance documents; list of authorities authorised to issue BOI; conditions for the use of the CHED document in certain cases.
This article deals with legal changes in relation to the criterion of financial solvency that were introduced in 2018 but have not yet been noticed by many traders and taken into account by some … customs authorities. These changes allow for a more flexible approach to the assessment of economic operators' financial solvency when authorisations for a reduction or waiver of a comprehensive guarantee are requested or to be maintained.
Michael Lux
This article deals with legal changes in relation to the criterion of financial solvency that were introduced in 2018 but have not yet been noticed by many traders and taken into account by some customs authorities. These changes allow for a more flexible approach to the assessment of economic operators' financial solvency when authorisations for a reduction or waiver of a comprehensive guarantee are requested or to be maintained.
Michael Lux
Nobody likes to be penalised - whether you are an importer, a customs broker, or just a driver taking goods across the border. The penalty is a negative consequence for any person who has committed … the offence. It is clear when a person deliberately does something illegal to benefit from it. But what about those who do not intend to break the law but do so inadvertently? Do the negative consequences only affect the person who directly committed the offence? This article seeks to answer these and other questions about the penalties for customs offences in the EU.
Dr Ilona Mishchenko
Nobody likes to be penalised - whether you are an importer, a customs broker, or just a driver taking goods across the border. The penalty is a negative consequence for any person who has committed the offence. It is clear when a person deliberately does something illegal to benefit from it. But what about those who do not intend to break the law but do so inadvertently? Do the negative consequences only affect the person who directly committed the offence? This article seeks to answer these and other questions about the penalties for customs offences in the EU.
Dr Ilona Mishchenko
News in brief: UK joins CPTPP; the General Product Safety Regulation and impact on Northern Ireland; Geographical indications for 39 British food and drink products in Japan; UK Tariff 2025; … countries eligible for approved exporter status; the Customs (Tariff and Miscellaneous Amendments) No. 3 and No. 4; preparations for the end of the safety and security declarations waiver; notice to exporters 2024/30; Belarus sanctions; trade remedies notices and tariff notices.
News in brief: UK joins CPTPP; the General Product Safety Regulation and impact on Northern Ireland; Geographical indications for 39 British food and drink products in Japan; UK Tariff 2025; countries eligible for approved exporter status; the Customs (Tariff and Miscellaneous Amendments) No. 3 and No. 4; preparations for the end of the safety and security declarations waiver; notice to exporters 2024/30; Belarus sanctions; trade remedies notices and tariff notices.
Overpayment of customs duties or other import duties can be a major burden for importers. There can be various reasons for overpayments, e.g. disputes over classification, valuation, origin, … etc. Reclaiming these duties from customs authority can be a lengthy and expensive process. The outcome is, of course, unpredictable. In Israel, there is an additional obstacle between the importer and the refund, the so-called ‘passing-on’ condition. This is not unique to Israel, but does not exist in the EU.
Omer Wagner
Overpayment of customs duties or other import duties can be a major burden for importers. There can be various reasons for overpayments, e.g. disputes over classification, valuation, origin, etc. Reclaiming these duties from customs authority can be a lengthy and expensive process. The outcome is, of course, unpredictable. In Israel, there is an additional obstacle between the importer and the refund, the so-called ‘passing-on’ condition. This is not unique to Israel, but does not exist in the EU.
Omer Wagner
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