Why should importers care to provide quality information to their brokers?
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- Topic: customs brokers risk management
- Market: Global EU - European Union Europe North America
- Copyright of the journal: CC Learning, UAB
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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
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
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
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
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
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
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
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
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
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
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