October 20, 2024
X marks the spot

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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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News update
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EU customs and trade news: January 2025
19-01-2025

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.

law
News update
icon
EU customs and trade news: January 2025
19-01-2025

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.

law
Topic spotlight
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Criterion of financial solvency for the reduction or waiver of a comprehensive guarantee
14-01-2025

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

duties, taxes, law
Topic spotlight
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Criterion of financial solvency for the reduction or waiver of a comprehensive guarantee
14-01-2025

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

duties, taxes, law
Case law
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Confiscation of third-party goods in case of unintentional customs infringement: CJEU interpretation
09-01-2025

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

violations, law
Case law
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Confiscation of third-party goods in case of unintentional customs infringement: CJEU interpretation
09-01-2025

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

violations, law
News update
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UK customs and trade news: December 2024
02-01-2025

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.

law
News update
icon
UK customs and trade news: December 2024
02-01-2025

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.

law
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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
icon
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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