Questions and Answers: EU Customs Reform
Why is the EU Customs Union so important?
Source: europa-nu.nl
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EU Customs Reform - guide — EUbusiness.com | EU news, business and politics
The European Commission put forward proposals on 17 May for the most ambitious and comprehensive reform of the EU Customs Union since its establishment in 1968.
Source: eubusiness.com
No Customs duty for UK goods imported to Malta
Newsbook December 30, 2020 3:01 PM Goods originating from the UK can have a preferential rate of duty when these are imported into Malta and released for free circulation. This means they’ll be free (or benefit from a reduced rate) of Customs Duty. VAT will still be due on import. In a press release issued by Malta’s Customs Department, it was explained that due to Brexit, the UK will no longer be part of the Customs Union as of 1st January 2021. Today To claim this preferential rate of duty, the imported product must originate in the UK (as the exporting country). One is to properly clas...
Source: newsbook.com.mt