Glossary

In a customs territory, uniform customs laws apply and there are no internal customs or similar taxes. Watch the video and learn answers to these questions: Is the customs territory the same … as the national territory? Where does the customs territory at sea and on land begin and end? How about the airspace?

Tariff quotas permit total or partial suspension of the normal duties applicable to imported goods. The quotas are set for a limited quantity of goods and for a limited period.

The rules are used to conclude contracts for the purchase of goods worldwide. They define the seller's and buyer's obligations regarding the risk of loss of or damage to the goods, costs and … arrangement of transport and customs clearance.

“Customs value“ of imported goods on the international scale means the value as determined in accordance with the Agreement on Implementation of Article VII of the General Agreement on Tariffs … and Trade 1994 (WTO Agreement on Customs Valuation).

Determination of preferential origin means a determination as to whether a product qualifies as an originating product in accordance with the Protocol on Rules of Origin to a Free Trade Agreement … or the provisions of the Generalised System of Preferences (GSP).

These are the 6 rules that are applied when setting up a 6-character commodity code. The rules are laid down in the global Harmonized System and transposed into the EU Combined Nomenclature.

All goods in the customs territory of the Union shall be presumed to have the customs status of Union goods, unless it is established that they are not Union goods. Union goods are not subject … to customs supervision.

Goods brought into the customs territory of the Union shall, from the time of their entry, be subject to customs supervision and may be subject to customs controls. They shall remain under such … supervision for as long as is necessary to determine their customs status and shall not be removed therefrom without the permission of the customs authorities.

The customs procedure under which certain goods can be brought into a customs territory relieved from payment of import duties and without application of economic prohibitions or restrictions.

The Harmonized Commodity Description and Coding System generally referred to as "Harmonized System" or simply "HS" is a multipurpose international product nomenclature. It is set out in the Annex … to the International Convention on the Harmonized Commodity Description and Coding System.

The act whereby the customs authorities make goods available for the purposes specified for the customs procedure under which they are placed.

The international Convention on the simplification and harmonization of Customs procedures adopted by the World Customs Organisation.

Bans on the provision of resources to certain countries, individuals or organisations can result in bans on import, export and transit of goods from certain suppliers or to certain consignees.

The customs value primarily bases on the transaction value of imported goods, which is the price actually paid or payable for the goods when sold for export to the country of importation, plus, … certain adjustments of costs and charges.

The notification to the customs authorities of the arrival of goods at the customs office or at any other approved place and the availability of those goods for customs controls.

A person established in the customs territory of the Union, who has the power to determine and has determined that the goods are to be taken out of the customs territory.