Inward processing: did you know that…?
12-09-2020
Continuing the topic of Inward Processing launched in August article under the heading “Processing Procedures: Examination of Economic Conditions”, I would like to draw attention to a several
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changes brought about by the new Union Customs Code and, possibly, opportunities less frequently applied by economic operators: release for free circulation with lower customs duty rate (applicable to the processed product), the use of Union goods (equivalent goods), movement of goods without customs formalities (transfer), generalization.
Jovita Dobrovalskienė