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The EU has taken action to support customs reform in several areas. These include IT transformation, joining the Convention on a Common Transit Procedure, implementing an Authorised Economic Operator Program and bringing Ukrainian customs legislation in line with the customs rules and regulations …

What is an HS commodity code? The Harmonised Tariff System was developed by the World Customs Organisation (WCO) in 1988. The objective of introducing the HS tariff was to make customs easier by classifying goods in the same way across the WCO’s 200+ members, meaning that goods could be easily …

What was the procedure before Inward Processing? Let's examine the former process based on an example of one of our clients. Our client is a company that calibrates and repairs precision measuring equipment in the Netherlands. They have customers worldwide who send their devices to the Netherlands …

What is “Union Status”? Goods have union status when they are obtained in the European Union, imported into the EU and released into free circulation, or produced wholly from goods which fit the aforementioned criteria. If your goods are not released into free circulation under these conditions, …

What is Origin?  Essentially there are two types of origin. There’s the origin determined by where the goods were in free circulation and the origin where the goods were manufactured. For example, a car manufactured in Japan has been imported to Germany and sold by a German car dealer to a customer …

What is the Carbon Border Adjustment Mechanism (CBAM)? The Carbon Border Adjustment Mechanism (CBAM) is an initiative in the European Union that is designed to combat “carbon leakage”. This is the term given to manufacturing emissions that are released outside of the European Union. Although the EU …

The Ca rbon Border Adjustment Mechanism (CBAM)   The Carbon Border Adjustment Mechanism (CBAM) is one of the biggest green supply chain initiatives in the EU. Under this mechanism, you must assess embedded emissions in selected commodities during the import process, and offset them with CBAM …

What is import duty? Import duty is a tax that is levied on goods that are brought into the country from abroad. Unlike VAT, duty is not reclaimed during the normal course of business, so it should be accounted for in the cost of the goods when you are making your purchasing decisions. Depending on …

What is the EU Deforestation regulation (EUDR)?   Similar to the Carbon Border Adjustment Mechanism (CBAM), the EU Deforestation Regulation (EUDR) is designed to reduce the environmental impact of those products which originate from and/or are produced outside the European Union. The EUDR is …

“Working with you to reduce spend and risks”     Most of our customs clearance staff in Finland are trained by the Finnish customs authorities , and we provide guidance and training based on our operational experience.   Currently, we have four standard sets of training. In addition, we may provide …