Glossary

Intrinsic value for commercial goods is the price of the goods themselves when sold for export to the customs territory of the Union, excluding transport and insurance costs, unless they are … included in the price and not separately indicated on the invoice.

Restrictive measures or 'sanctions' are an essential tool of the EU's Common Foreign and Security Policy. They seek to bring a change in the policy or conduct of those targeted, such as governments, … entities, groups, individuals.

International sanctions are non-military measures aimed at ensuring international peace and security, and respect for human rights. The possibility of international sanctions, a legitimate instrument … of international policy, is enshrined in the United Nations (UN) Charter.

The rules of non-preferential origin are specific provisions, developed from principles established by national legislation or international agreements ('origin criteria'), applied by a country … to determine the origin of goods.

Customs procedure 42 is a mechanism that an EU importer uses to obtain a VAT exemption. It is applied when goods imported from outside the EU into a Member State will be transported to another … EU Member State. In such cases, the VAT is due in the latter - the Member State of destination.

Customs compliance means compliance with legal rules and procedures applicable to goods brought into or taken out of the customs territory.

Businesses manage two types of risk: the risk of non-compliance with legal requirements; and the risk to miss out to acquire competitive advantage (by not utilising legal possibilities).

A compliance management framework is a single operating framework that integrates the principal elements of customs risk and compliance management.

Customs duty is a tax imposed on goods upon their entry (import) or exit (export) from the customs territory. There are several types of customs duties.

Customs are primarily responsible for the supervision of international trade. Customs controls are acts performed by Customs to ensure compliance with the legislation governing the entry and … exit of goods from and to customs territory.

Customs status means the status of goods as Union or non-Union goods. Union goods can be moved within the EU without any customs formalities, which is not the case for non-Union goods.

Economic Operators Registration and Identification (EORI) number is a unique identification number assigned by Her Majesty’s Revenue and Customs (HMRC) to an economic operator or to another person … in order to track and register customs information in the United Kingdom of Great Britain and Northern Ireland (UK).

Persons planning to import or export goods into or from the customs territory of the EU or to carry out other customs-related activities, e.g. apply for an authorization, should have the EORI … number in order to be identified by customs authorities.

ATA Carnet is used for the temporary export, transit and temporary admission of goods for specific purposes, e.g. for displays, exhibitions and fairs, as professional equipment and as commercial … samples.

ATA is an international customs system that provides for the application of the procedure for the temporary admission of goods into the territory of the participating countries free of duties … and taxes and without providing additional guarantees to customs authorities.

Common transit is a customs procedure for transporting goods between the EU and common transit countries, and between common transit countries themselves. These are the countries that have signed … the Convention on a common transit procedure: the EU Member States, the United Kingdom, the EFTA countries (Iceland, Norway, Liechtenstein and Switzerland), Turkey, the Republic of North Macedonia and Serbia.