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Have you ever experienced your shipment getting stuck at customs because you entered a document code incorrectly? It may seem like a minor detail, but choosing the right document code can make the difference between a smooth process and weeks of delays at customs, extra charges or even a blocking of your shipment. A document code is more than a simple number: it is a statement to customs about the declaration of goods. In this article, customs expert Lilian Retel explains what document codes are used for and why knowledge about the product is important. She also explains what the consequences can be of a wrong choice. Finally, some examples of situations follow, where the document code provides essential information for customs.
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In July, the Centralised Clearance for Import (CCI) system entered its initial phase, enabling a streamlined customs process across multiple EU member states. Designed to simplify and harmonise the import procedure, CCI allows authorised economic operators (AEOs) to manage customs declarations centrally while goods are physically presented in another member state.
Last month, the Netherlands Bureau for Economic Policy Analysis (CPB) published a research report on the potential impact of new American import tariffs on the Dutch and European economy. While the research conclusions were largely positive, with the CPB expecting only limited effects, we should remain cautious given the many assumptions underlying this analysis. This means we must continue preparing for Trump's new tariff era.
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Last week, Donald Trump, the self-proclaimed 'tariff man', won the U.S. presidential election by a landslide. His administration is likely to impose substantial import tariffs on all European goods entering the United States, making it crucial for businesses to prepare.
The EU Carbon Border Adjustment Mechanism (CBAM) enters a critical phase in Q3 2024, with significant changes to reporting requirements. Importers must transition from using default values to reporting actual embedded emissions for goods released into free circulation from July 1, 2024. This update provides crucial information about these changes and how to prepare for the October 31, 2024 reporting deadline.
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The European Commission proposes a major reform of the Union Customs Code, introducing a new 'Trust and Check' trader status. This overhaul, planned for 2028-2037, aims to modernise EU customs procedures, promising improved efficiency and security. However, it raises concerns about data privacy and its impact on SMEs and customs representatives.
Dutch parliamentary work extends far beyond the iconic blue-chaired plenary hall. In smaller, less visible committee rooms, MPs tackle numerous critical issues that shape the nation's future, including last week's debate on Customs. In this article, we examine the key points discussed and their potential impact on the Netherlands' role in global trade.
On 5 January 2023, the Corporate Sustainability Reporting Directive (CSRD) came into force. Read here what exactly it entails and what it means for your company.
At Gaston Schul, our strength lies in our team. Our people bring passion and a personal touch to everything they do. In this series we introduce you to the real faces behind Gaston Schul and who drive our customers success.
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Last week our CEO, Rob, participated in a critical discussion with MKB-Nederland, focusing on the transport, mobility, and logistics sectors. This meeting was part of a broader initiative to draft the new Entrepreneurs' Agenda, a strategic document aimed at influencing future policies in these crucial areas.
