What is the cost of non-compliance? EU Customs Penalties

IAre you importing into different EU countries? If you do your level of exposure to Customs risk varies greatly. In the EU, customs penalties do not form part of the Union legislation on customs. Although customs legislation is harmonised, penalties for non compliance are left to each Member State.

a Quick Guide to Customs Valuation

Customs valuation is the process of determining the value of imported goods. This, for the purpose of assessing customs duties and taxes. The value of the goods is the basis for calculating the amount of duty and tax. This Quick Guide to Customs Valuation introduced the rules and principles governing the value of the goodsContinue reading “a Quick Guide to Customs Valuation”