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HM Government announced date and other changes around supplementary declarations; DDA payments - an extra calendar day to submit duty deferment payments; CDS implementation extension - exports … to move to CDS until 4 June 2024; trade with Northern Ireland - a requirement to have a valid UK Internal Market Scheme authorisation to keep using the NIREM code; important updates on EORI and VAT registrations.

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.

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 … 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.

In the article, we take a look at the role of monitoring of existing customs authorizations in a company, the areas and standards to be checked, and monitoring structure. We also draw your attention … to one of the possible outcomes of monitoring: the application for an AEO-C or AEO-S suspension. A company case is provided as an example; and the AEO-Security control sheet as a practical tool for monitoring.

This article is relevant for those who intend to use inward processing or outward processing customs procedures or already apply them and would like to modify their application. There are many … rules and features of the procedures. Some are perhaps better known and applied, others less frequently. This time, the article will review one of the conditions for granting customs authorization for processing operations - examination of the economic conditions. This is especially relevant when it is planned not to re-export the processed product, but to release it for free circulation in the EU.

Reader's question: „Is there a database in the EU where we could verify the approved exporter's number, whether it is valid? If not, what would you advise how to verify it?“. We answer the question … and also point out the liability of the importer and of the customs broker, and provide an overview of EU databases for verification of some other customs-related registration numbers.

This text was inspired by the article “What you need to know about the EORI number and national differences in EU countries?” by Jovita Dobrovalskienė in the 2-nd issue of the CCRM journal. In … India, there is the Importer Exporter Code (IEC) used for similar purposes as the EORI code in the EU. Its use is even more extensive – there are various export promotion schemes and other situations where the use of the IEC is mandatory.

Although the business form, such as the relocation of production to another country under an outsourcing agreement is already considered as a fairly common form of business, third-country companies … still face challenges in supplying raw materials to their processing sites. One of them is obtaining an EORI number when a company does not actually operate in the EU Member States but sees an economic benefit in importing raw materials into the EU on its own behalf.