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News in week 15: Compendium of customs valuation 2024; Guidance on valuation simplification under Article 73 UCC; Communication on decisions relating to binding tariff information (BTI) decisions; … CJEU on the concepts of 'import' and 'importer' in REACH; CJEU: Lodging a complaint does not suspend the execution of the contested decision (recovery of customs duties); provisional anti-dumping duty on imports of certain alkyl phosphate esters; report on state-induced distortions in China’s economy; Council gave final approval to introduce criminal offences and penalties for EU sanctions’ violation; updated CBAM communication template for installations; date of entry into force of the FTA between the EU and New Zealand; EU-Canada Comprehensive Trade Agreement (CETA)’s existence under threat by French Parliament; and more updates (including reading tips)!

Human beings are prone to making mistakes. Mistakes in customs declarations are no exception. Customs law allows them to be corrected. But it is not that simple. Does it apply to all mistakes … and to all people who make them? Read the details in the article below.

The WTO's Harmonised System (HS) convention is probably one of the most successful international conventions and aims to harmonise tariff codes for goods worldwide. The WTO also has successful … conventions, including the 1996 Information Technology Agreement (ITA), which aims to improve trade in technology products by eliminating customs duties on selected and defined products. The interests of the HS and the ITA are not identical. While the HS aims to establish rules for a unified classification, regardless of whether the result leads to duty-free treatment or not, the ITA's objective is duty-free treatment for technological products.

Continuing a series of articles on the main legal aspects of the proposed EU customs reform, the author focuses on a key player in the import process: the importer. The Commission proposal is … based on a new vision of this actor and his responsibilities. This article describes and analyses the three variants under this concept: the basic rules for importers, the special rules for deemed importers, and the rules for indirect customs representatives who are treated as the (deemed) importer. Furthermore, it addresses the question of what happens when the wrong person has been named as an importer by an actor in the supply chain or a customs representative.

‘Other legislation applied by the customs authorities’ means legislation other than customs legislation applicable to the goods entering, exiting, passing through the customs territory of the … Union, or to be placed in the Union market, in the implementation of which the customs authorities are involved.

The electronic customs declaration consists of data elements that should be harmonised worldwide so that customs can verify the data flow from the exporting country to the importing country. … The World Customs Organisation has developed the WCO data model, which provides a universal language for cross-border data exchange. The EU has adopted this model for its own purposes and for trans-European use.

Uniform customs laws apply in a customs territory and there are no internal customs duties or similar taxes. A customs territory comprises territories including their territorial waters, inland … waters and airspace.

Transfer pricing is a rule that was designed in international taxation to establish which part of the income within a multinational enterprise needs to be allocated between two companies in the … same group if they have a transaction between them. The rule, in general, is that they need to act as if they were third parties in order to establish the third-party price. Transfer pricing is important for determining the customs value of goods.