Article
News
9/6/2023
Prepare for the Carbon Border Adjustment Mechanism (CBAM) now
How does the CBAM promote carbon neutrality? The Carbon Border Adjustment Mechanism (CBAM) requires you to pay a fee for the embedded carbon in your imports. This ensures that products entering the market are held to the same standard of carbon emissions as those that are manufactured domestically. …
Article
12/6/2023
Extension for Ukraine’s trade concessions until June 2024
What trade concessions have been granted to Ukraine from the EU? Last year, the European Union granted Ukraine the removal of some trade tariffs and reduced red tape in an effort to help the country economically. Moreover, the EU and Ukraine expanded on their existing temporary Deep and …
Article
News
5/2/2020
Incoterms Explained: Delivery Duty Paid (DDP)
The main difference with Delivery at Place (DAP) is that the seller takes care of the import formalities and transportation to the final destination. The destination needs to be specifically named. DDP: Associated Risks & Costs Risks and Costs for the Seller The seller is responsible for arranging …
Article
News
17/12/2020
What Is a Movement Reference Number (MRN), and Why Do I Need One
What is an MRN? MRN stands for Movement Reference Number. The Customs Authority issues a Movement Reference Number (MRN) in each member state. The MRN number is the customs registration number that enables the customs authority to identify and process your shipment in the customs system. It is …
Article
News
27/4/2023
Transit Documents: What Do I Need?
Transit Documents If you want to postpone the payment of duties and taxes and first transport your goods to their destination, you need transit documents. There are two types of transit documents: T1 Document: This is a transport document needed if you want to transport goods from outside the …
Article
News
15/12/2020
Incoterms Explained: Ex Works (EXW)
Risks and Costs for the Seller There is no risk and cost for the seller in getting the goods delivered to the buyer. The seller is not even responsible for loading the goods when they are picked up. The seller has to properly pack and label the goods and get them ready for shipment. Risks and Costs …
Article
News
19/3/2020
What is an ATR Document?
What Is an ATR? An ATR certifies that the goods have been brought into free circulation in either the EU or Turkey, and have therefore already gone through all import procedures. An ATR is not a certificate of origin. Why Use an ATR? When you use an ATR when you import something from Turkey, you …
Article
News
28/11/2019
Incoterms Explained: Delivery at Place (DAP)
The agreed place of delivery (e.g. the terminal) needs to be specifically named. The buyer then takes care of the import formalities and transportation to the final destination. It is very similar to Delivery at Terminal (DAT) . Risks and Costs for the Seller The seller is responsible for …
Article
News
5/6/2023
Benefits of Inward Processing Relief (IPR)
What is IPR? Inward Processing Relief, or IPR, is a procedure enabling you to process, modify, destroy, or repair imported goods without the obligation to pay customs duties. It’s a form of economic licence which allows you to gain an advantage when producing or handling raw products. You are …
Article
News
26/6/2023
Meet Our People: Elizabeth Gildea
Who are you? My name is Elizabeth Gildea, I am the newly appointed chief financial officer for the Customs Support Group. I am based in The Netherlands, usually in Amsterdam or the Rotterdam office as this is where our group finance, treasury, tax and legal teams are based. I’m Irish and have had …