WHAT INCOTERMS YIELD?
Each acronym codified in Incoterms clearly defines who should bear the costs and responsibilities for each part of transportation and customs…
WHEN DO WE TALK ABOUT THE GREEN CHANNEL?
The green channel is a customs system that allows rapid customs clearance of goods through simplified procedures.
WHAT DOES TARES MEAN?
All merchantable goods as well as private goods not carried in personal luggage or private motor vehicle must be declared according to the customs tariff upon import and export. Like most customs tariffs in the world, Switzerland’s is based on the...WHAT IS THE CITES?
CITES stands for the Convention on International Trade in Endangered Species of Wild Fauna and Flora signed in Washington in 1975-hence the more common way of identifying it as the Washington Convention-and regulates the trade and transport of these particular...WHAT IS VAT?
VAT means Value Added Tax. This is a tax that applies to goods, commodities, products of nature and raw materials released for consumption in a given member state of the European Union. VAT is levied in the member state where the goods are to be released for...WHAT DOES INTRASTAT MEAN?
The Intrastat control system was designed because the VAT rates applied in the various Member States are different and it is not possible to apply the same VAT mechanism to goods in free circulation traded between Member States of the European Union. For example, for...WHAT IS THE COMMUNITY CUSTOMS CODE?
The Community Customs Code (CCC) regulates all aspects of customs operations taking place in the European Union and lists the general principles on which Community customs law is based. Instead, operational details are described in the Enforcement Provisions of the...WHAT DOES EORI MEAN?
EORI – Economic Operators Registration and Identification This is the European Unified Customs Numbering System for the registration and identification of economic operators. The identification number consists of the state abbreviation and data in alphanumeric...INVOICE DECLARATION
The majority of agreements stipulate that the EUR 1 certificate can be replaced with an invoice declaration in the following cases: for shipments of less than EUR 6,000, or without value limits for exporters specially authorized by the Regional Directorate of the...WHAT DOES AEO MEAN?
AEO (Authorized Economic Operator) status is granted following a special assessment by the Customs Agency, which provides evidence of compliance with customs requirements, accounting system criteria and financial solvency. The economic operator is not obliged to...WHAT ARE THE DIFFERENT TEMPLATES OF EU CUSTOMS DOCUMENTS?
For any type of customs declaration in the European Union, a single model called DAU (Single Administrative Document) is used, which is printed on chemical paper and consists of several sheets that are filled in according to the type of customs operation to be carried...WHEN ARE GOODS TO BE CONSIDERED COMMERCIAL?
Imposition of tradable goods for final importation Marketable goods are goods intended for resale or commercial use, including at the traveler’s business. Goods intended for final import into the Swiss customs territory must be presented to a Swiss customs...WHAT ARE USURPATIVE GOODS?
A commodity is defined as usurious when it has been obtained using original components, names and labels supplied or approved by the owner, but is produced and marketed without the owner’s permission. Customs is one of the agencies in charge of controlling and...WHAT IS THE WASHINGTON DECLARATION?
When the species or product being shipped is not part of the lists prepared by the Convention, a self-certification declaration, commonly referred to as the Washington Declaration, can be provided.WHAT IS SMUGGLING?
It is smuggled when the goods are removed from customs control, not declaring them to the same, hiding them or falsifying transport and / or commercial documents. Smuggling can be simple or aggravated (the latter is a criminal offence) and normally involves the...PAN-EURO-MEDITERRANEAN CUMULUS
Pan-Euro-Mediterranean cumulation represents a free trade system between European and Mediterranean countries. Individual free trade agreements between the states and territories involved are linked in such a way that industrial products originating in a partner state...EU CUSTOMS CLEARANCE OR CONVENTIONAL IMPORT?
WHAT ADVANTAGES AND DISADVANTAGES DOES EU CUSTOMS CLEARANCE OFFER OVER CONVENTIONAL IMPORT INTO THE EU? Advantages: If a European company imports goods from a third country (e.g. Switzerland) in a conventional way and declares these goods for “free...WHAT IS THE SHELL?
The OJ is the Official Journal of the European Community, i.e. the document where the Regulations and Directives issued by the European Union Commission are published (The acronym remained unchanged when it passed from the European Community to the European...WHAT ARE EC REGULATIONS AND DIRECTIVES?
The simplified acronym CE is instead used to identify Community laws that are regulations or directives. The Regulations are the laws of the European Union and have immediate application throughout its territory from the moment of their publication in the Official...WHAT ARE THE VARIOUS CUSTOMS CLEARANCE PROCEDURES IN THE EU?
There are basically two customs clearance procedures that apply to both import and export: – The Standard Assessment Procedure (also known as “in line,” with the goods at the customs premises), which is carried out according to the following flow:...WHAT IS MEANT BY THE CUSTOMS TERRITORY OF THE EUROPEAN UNION?
The Community Customs Code (CCC) establishes which is the customs territory of the European Union that differs from the global one because some parts of it are excluded. This means that in the excluded territories, although part of the Union, goods cannot move freely...WHAT ARE THE NECESSARY ITEMS TO BE INCLUDED IN THE INVOICE?
Listed below are the necessary items to be included in the export invoice: COLUMNS and WEIGHT of the goods; RETURN of goods; TARGA of the means of transport being used to carry out customs clearance; GROSS WEIGHT/NET WEIGHT; GOODS’ STATEMENT OF ORIGIN (i.e.,...WHAT ARE COUNTERFEIT GOODS?
A product is defined as counterfeit when it has been obtained by imitating other products that are patented and / or affixing writings and images owned by other subjects, without having obtained permission. Customs is one of the bodies responsible for controlling and...WHAT IS THE CUSTOMS TARIFF?
The Customs Tariff is the classified list of all goods, goods, products of nature and raw materials divided into product sections distinguished by codes called “Customs Headings” that provide details on: – Product description; – List of import...WHAT IS CUSTOMS?
The Customs is a body responsible for the control of goods in import and export, authorized to collect customs duties (Duty and VAT). It is wholly controlled by the Government of the country of reference and applies the laws and regulations established exclusively by...FOR WHICH ENTERPRISES MIGHT EU CUSTOMS CLEARANCE BE PARTICULARLY ATTRACTIVE?
EU customs clearance is of particular interest to Swiss companies exporting goods to many EU states. Registration for business tax purposes (i.e., representation by a fiscal representative) must be done in an EU country that borders Switzerland. Tax registration...WHAT ARE BORDER HEALTH CHECKS?
All goods intended for human consumption (food and beverages) and for use or contact with the human body (medicines, cosmetics, wigs etc.) must be checked by the Border Health Office before the customs operation to determine their compliance with current sanitary...WHAT IS T2?
T2 (NCTS) is a computer document issued by one customs (Departure Office) and destined for another customs (Destination Office). T2 is assigned a number called MRN that is unique throughout the European Union and recognizable throughout its territory (T1 appears in...WHAT IS “APPROVED EXPORTER” STATUS?
According to EU regulations, the exporter in possession of this qualification can certify the preferential origin of his goods by means of “invoice declaration,” with no value limit. The granting of “status” is conditional on the submission of...WHAT IS THE EUR 2 CERTIFICATE?
Form EUR 2 is issued directly by the exporter without the need for customs endorsement and is intended to document the originating status of the goods. Currently, it is used, within the limit of the amounts provided, only for goods subject to postal shipments to...- Ecological Sustainability 2024
- Story of an entrepreneurial dream
- Obtaining D&B Rating Certificate 2024
- Tepoorten Group: A leading player in international freight forwarding
- SA Luciano Franzosini: 95 years of history!
- Franzosini & Butti now also in Felixstowe
- Opening of a new branch in the UK to facilitate post-Brexit customs clearance operations
- Obtaining D&B Rating Certificate
- Young people and the future
- naturemade energy certification
