Accelerating the digital transition for customs
Accelerating the digital transformation for customs On January 26, the World Customs Organization inaugurated the International Customs Day on the theme of “accelerating digital transformation”. So, what is the place of digital in today’s customs, and what will be its place in tomorrow’s customs? Despite its greying image, customs is increasingly equipped with powerful digital […]
The EU’s new initiative on customs risk management
The EU’s new initiative on customs risk management The new EU customs risk management initiative was put out for consultation on October 5, 2021 and is expected to be adopted by the Commission in the first quarter of 2022. This is one of the fastest initiatives given the time between the consultation process and the […]
In 2022: European eyes on the UK
In 2022: European eyes on the UK In 2022, there will be movement across the UK in terms of customs novelty. Her Majesty’s Revenue and Customs (HMRC) is urging businesses to prepare for the changes. From Jan. 1, 2022, traders will be subject to new Brexit-related controls that go into effect in January. The “grace” […]
HS 2022: the seventh edition of the Harmonized System
HS 2022: the seventh edition of the Harmonized System Onward to 2022! The seventh edition of the Harmonized System (HS 2022) comes into effect on January 1, 2022 and brings many changes. Fortunately, Customs Bridge will be happy to guide you through the various changes to come. Many changes Indeed, about 350 amendments define […]
A new customs tool: France SESAME
A new customs tool: France SESAME Customs procedures and related administrative steps are not always easy. The different customs controls and processes when certain goods cross borders can be a real administrative headache. Fortunately, some actors provide tools to facilitate all this. Focus on France SESAME: the new tool available to supply chain actors. […]
In 2022, the reverse charge of VAT on imports will become mandatory and automatic.
In 2022, the reverse charge of VAT on imports will become mandatory and automatic As of January 1, 2022, the General Directorate of Customs and Indirect Rights (DGDDI) will transfer the management and collection of VAT applicable to imports to the General Directorate of Public Finance (DGFIP) for all taxpayers identified for VAT in France. […]
EU proposes single customs window to revitalize customs procedures
EU proposes single customs window to revitalize customs procedures There are many European projects to simplify trade between countries, one of them is the single window for customs. In 2015, the project to create a single window for customs was launched with nine EU member states and met with great success. The EU therefore […]
AEO status and its importance for world trade
AEO status and its importance for world trade To simplify and secure your international trade, obtaining the status of Authorized Economic Operator (AEO) has become almost essential. This label of confidence in the European customs system is recognized on the international scene. Holding AEO status means benefiting from facilities in terms of customs procedures or […]
HS 2022: changes and novelties
HS 2022: changes and novelties The Harmonized System (HS) nomenclature is the basis for customs tariffs and trade statistics in 211 countries. It classifies imports into more than 5,000 commodity groups, identified worldwide by a six-digit code. On January 1, 2022, the 7th edition of the HS will come into effect. The program will include […]
Tariff profiles around the world: the latest version of the WCO
Tariff profiles around the world: the latest version of the WCO In this article we will present the different sources of detailed information that provide more information on the tariffs applied by over 170 economies. The World Tariff Profiles are a joint WTO, ITC and UNCTAD source on market access for products. This annual […]
