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The contracting parties to the PEM Convention have agreed on the application of the transitional rules pending the application of the modernized PEM Convention. This opens the possibility for … economic operators to choose between the rules of preferential origin set out in the PEM Convention and the transitional rules. The latter rules are in many cases more flexible and simpler. Let us look at this new possibility.

The article discusses the peculiarities of the practical application of European Union (EU) rules on customs origin in the EU Member State - the Republic of Lithuania and presents the current … practice of national authorities in this area (in tax disputes related to the origin of imported goods), emphasizes its peculiarities and differences from practices in other EU Member States. The analysis performed and described in the article substantiates that in the Republic of Lithuania the possible sources of proof of customs origin of goods are assessed and interpreted in a unique and rather formal way. Besides, the burden of proving the origin of imported goods and its distribution between customs and importer is understood specifically and can be considered as more favourable to importers than the usual practice at the EU level.

Everyone entering the import-export sector should be aware of the variety of customs procedures to work in the most efficient way and satisfy their economic needs. Outward and inward processing … are two of the often-used procedures that can help you pass through the borders paying less duties or no duties at all. In this article, we overview EU’s Customs Decisions System and focus on one of 22 authorizations that might be applied there – the outward processing. In the following article, we will continue the topic by looking at inward processing.

Are you planning to export your goods to Canada? In this article, we overview some of the important points for you to consider: free trade agreements, the federal goods and services tax (the … Canadian VAT), and we focus on the situation where the exporter (a non-resident of Canada) acts as an importer of record.

For businesses trading between the EU and UK, 2021 has been a year of change. The various easements introduced by HMRC with the aim to phase in the changes caused more confusion. With three months … left to the year, take a look at the top 5 common mistakes made by businesses this year and read about how you can avoid them.

Europos Sąjungos ir Jungtinės Karalystės tarpusavio prekyboje vis daugiau aiškumo – teisinį muitinės formalumų reglamentavimą papildo išaiškinimai ir gairės, atsakant į verslo keliamus klausimus. … Vienas tokių klausimų, kai norima nustatyti ES arba JK prekių lengvatinę kilmę, yra dėl paties pirmojo žingsnio: ar atliekamos gamybos operacijos yra pakankamos? Pavyzdžiui, ar iš trečiųjų šalių į JK importuotų žaislų supakavimas ir etikečių pritvirtinimas galėtų suteikti žaislams JK kilmę juos eksportuojant į ES?

On July 7, 2021, Brazil disclosed its tariff elimination schedule embodied in the EU-Mercosur Association Agreement announced on June 28, 2019, in Brussels (Belgium). The official documents will … only be binding after the ratification in each Member-State. However, the disclosed Annex gives an idea to European traders and practitioners of the gains that can be obtained when the deal enters into force.

Verslo praktikoje pasitaiko situacijų, kuomet ES lengvatinės kilmės prekes prireikia įvežti į trečiąją valstybę ir po kiek laiko dėl ekonominės būtinybės vėl jas grąžinti į ES, neatlikus su prekėmis … jokių ekonominių operacijų, dėl kurių formaliai galėjo pasikeisti prekių kilmė. Tokiu atveju neretai kyla klausimas ar šios prekės vis dar bus laikomos ES lengvatinės kilmės prekėmis ir neapmokestinamos importo muitais (jas įvežant į ES)? Į šiuos klausimus atsakymus siekė pateikti ir Lietuvos vyriausiasis administracinis teismas vienoje iš naujausių bylų.

The WCO Secretariat organized the second edition of its Global Origin Conference, held from 10 to 12 March 2021, with the objective of stimulating the exchange of knowledge on the management … and implementation of rules of origin, both from a Customs and a trade operator perspective. Funded by the Korea Customs Service, the event was held online. Below are some of the key points made by the speakers.

The following article is not intended to be a scholarly or even comprehensive review of past or current activities under the World Trade Organization’s Agreement on Rules of Origin, or a detailed … analysis of the differences between preferential versus non-preferential rules of origin (which I am assuming most readers of this magazine already understand). Rather, this article offers more of a personal and subjective perspective on the problems associated with non-preferential rules, and humbly proposes possible approaches and options to minimize these problems, or at least stimulate discussions about potential remedies. These options are largely based on the perceived structure and architecture of the issues.

Binding Origin Information (BOI) refers to a written decision issued by a Customs administration that certifies the origin of goods. Also known as an “advance ruling regarding the origin of goods”, … such a decision is usually binding on the applicant and on the Customs authorities for a given amount of time.

The International Convention on the Simplification and Harmonization of Customs Procedures (Kyoto Convention) entered into force in 1974. To keep pace with the evolution of governments and international … trade, the Kyoto Convention was revised in the 1990s and entered into force as the Revised Kyoto Convention (RKC) on 3 February 2006. The RKC became the blueprint for modern and efficient Customs procedures for years to come.

Continuing on the topic started by Samuel Draginich in the article "EVFTA: proof of origin when consignments are split in a country of transit", let us take a closer look at the statement on … origin - the only proof of EU preferential origin that might be issued under the EU-Vietnam FTA (EVFTA) - and the commercial document on which it may be made out; also in the case of splitting of consignment in a country of transit.

The EU-Vietnam Free Trade Agreement (EVFTA) came into force on 1 August 2020. It is one of the most noteworthy EU FTAs that have come into force in recent years as it brings closer one of the … world’s largest economic blocs with the fastest-growing emerging economy in the world. Vietnam is widely considered to be the next regional powerhouse, rapidly emerging as one of the world’s premier manufacturing destinations. The EU wisely saw the value in crafting a closer partnership with Vietnam, a partnership that will undoubtedly reap immense rewards for both parties going forward. As the EVFTA is a work in progress amendments to the relevant guidance are still being made to clarify and improve its execution.

Rules of preferential origin are an essential element of preferential trade agreements. They define the conditions under which a product is regarded as originating and can benefit from lower … rates of duty upon importation in the country of destination.

Product-specific rules of preferential origin determine requirements of working or processing which must be done on non-originating materials in order for the product manufactured to obtain originating … status.

Preferential origin agreements (or free trade agreements) generally have 3 methods by which goods can qualify depending on the specific tariff heading: wholly obtained, cumulation and change … of tariff heading (CTH). This article will discuss what happens when a good must qualify via CTH but cannot fulfill the rules.