June 16, 2022
Four common misconceptions in the relationship between importers and customs brokers

Image by Florian Godfroid from Pixabay

Importers often try to avoid customs clearance processes, relying entirely on the customs broker. On the one hand, the broker is a customs expert, possesses relevant experience and, ultimately, receives a commission for his/her work. It seems that the importer should not be involved in the processes managed by the customs broker. On the other hand, such self-exclusion can result in very unpleasant financial and reputational consequences. This article considers the most common misconceptions of importers in cooperation with customs brokers, which cause losses for both sides.
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How to build relationship with a customs broker: Step-by-step instructions from a customs official
10-03-2024

Finding the right customs broker can be a huge problem for traders. One may seem to be "your" person, but they may misunderstand you or not listen to you. Another may not have the proper level of knowledge and so on. This article is designed to help you with this search and selection process. You will find answers to the most important questions to ask when looking for a helpful broker.

Rizwan Mahmood

customs brokers
en
How to build relationship with a customs broker: Step-by-step instructions from a customs official
10-03-2024

Finding the right customs broker can be a huge problem for traders. One may seem to be "your" person, but they may misunderstand you or not listen to you. Another may not have the proper level of knowledge and so on. This article is designed to help you with this search and selection process. You will find answers to the most important questions to ask when looking for a helpful broker.

Rizwan Mahmood

customs brokers
en, lt
CJEU on the fairness of penalties for customs infringements in the EU
03-03-2024

In the European Union, customs penalties and their proportionality fall within the national competence of the Member States. In a recent judgment, the Court of Justice of the EU (CJEU) ruled that the imposition of an administrative penalty of 50% of the amount of duty underpaid is justified "notwithstanding the good faith of and precautions taken by the operator concerned". What does this mean for EU importers who declare the non-preferential origin of goods on the basis of proofs issued by the authorities of third countries that turn out to be incorrect? We provide an overview of the case and consider what conclusions economic operators could draw from it.

Dr. Ilona Mishchenko

risk management
en, lt
CJEU on the fairness of penalties for customs infringements in the EU
03-03-2024

In the European Union, customs penalties and their proportionality fall within the national competence of the Member States. In a recent judgment, the Court of Justice of the EU (CJEU) ruled that the imposition of an administrative penalty of 50% of the amount of duty underpaid is justified "notwithstanding the good faith of and precautions taken by the operator concerned". What does this mean for EU importers who declare the non-preferential origin of goods on the basis of proofs issued by the authorities of third countries that turn out to be incorrect? We provide an overview of the case and consider what conclusions economic operators could draw from it.

Dr. Ilona Mishchenko

risk management
en, lt
Correction of errors in customs declarations - importance and challenges in the EU
03-03-2024

The saying "Only those who don't work make no mistakes" aptly states that it is human to make mistakes and there is no way to change that - the mistakes will happen. But they need to be managed - to be minimised and corrected as quickly as possible. The Union Customs Code provides for a three-year period during which it is possible to apply to the customs authorities for the correction of errors, the recovery of overpaid taxes or the payment of underpaid amounts. In Lithuania, however, the new national legislation no longer provides for the possibility of correcting certain data elements. Let's take a look at the challenges this poses for businesses, as well as practices in other countries and trends.

Enrika Naujokė

risk management
en, lt
Correction of errors in customs declarations - importance and challenges in the EU
03-03-2024

The saying "Only those who don't work make no mistakes" aptly states that it is human to make mistakes and there is no way to change that - the mistakes will happen. But they need to be managed - to be minimised and corrected as quickly as possible. The Union Customs Code provides for a three-year period during which it is possible to apply to the customs authorities for the correction of errors, the recovery of overpaid taxes or the payment of underpaid amounts. In Lithuania, however, the new national legislation no longer provides for the possibility of correcting certain data elements. Let's take a look at the challenges this poses for businesses, as well as practices in other countries and trends.

Enrika Naujokė

risk management
lt
Kaip įvertinti savo verslo finansinę „sveikatą“?
03-03-2024

Siekiant gauti muitinės leidimus, naudotis supaprastinimais ir kitais muitinės formalumų tikslais, viena iš sąlygų yra įmonės finansinė „sveikata“. Antra vertus, ji visuomet svarbi siekiančiam augti verslui. Tad atsakant į muitinės formalumų kontekste pateiktą skaitytojo klausimą (Kaip įvertinti savo verslo finansinę „sveikatą“?), kviečiame visų pirma pasigilinti į bendruosius principus ir kartu – į vieną dar pakankamai naują galimybę prireikus skolintis, ar skolinti. Pakalbinome sutelktinio finansavimo platformos „Savy“ vykdančiąją direktorę Silviją Kažukauskaitę.

Silvija Kažukauskaitė

risk management
lt
Kaip įvertinti savo verslo finansinę „sveikatą“?
03-03-2024

Siekiant gauti muitinės leidimus, naudotis supaprastinimais ir kitais muitinės formalumų tikslais, viena iš sąlygų yra įmonės finansinė „sveikata“. Antra vertus, ji visuomet svarbi siekiančiam augti verslui. Tad atsakant į muitinės formalumų kontekste pateiktą skaitytojo klausimą (Kaip įvertinti savo verslo finansinę „sveikatą“?), kviečiame visų pirma pasigilinti į bendruosius principus ir kartu – į vieną dar pakankamai naują galimybę prireikus skolintis, ar skolinti. Pakalbinome sutelktinio finansavimo platformos „Savy“ vykdančiąją direktorę Silviją Kažukauskaitę.

Silvija Kažukauskaitė

risk management
en
Bahrain Customs implements digital warehouse management system
23-02-2024

Bahrain Customs Affairs (BCA) is constantly developing its systems and infrastructure to support and improve Customs operations, thereby helping to build a safe, advanced, investment-friendly business environment in the Kingdom. Bahrain, an active Member of the WCO, regularly examines the standards, recommendations and tools developed by the Organization and wishes to act as a leader to the Customs community by demonstrating excellence and creativity in Customs practices.

Customs Clearance Directorate

risk management
en
Bahrain Customs implements digital warehouse management system
23-02-2024

Bahrain Customs Affairs (BCA) is constantly developing its systems and infrastructure to support and improve Customs operations, thereby helping to build a safe, advanced, investment-friendly business environment in the Kingdom. Bahrain, an active Member of the WCO, regularly examines the standards, recommendations and tools developed by the Organization and wishes to act as a leader to the Customs community by demonstrating excellence and creativity in Customs practices.

Customs Clearance Directorate

risk management
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