As you may know, the Union Customs Code (UCC) of October 9, 2013, will become applicable on May 1st 2016.
Now that the UCC Implementing Act and the UCC Delegated Act have been published, we have a clearer picture of how the UCC will be implemented at the EU level, and local Customs authorities of the EU Member States are drafting domestic procedures and processes for the application of the new rules at national levels.
As one of the first, the Dutch customs authorities have published guidance on the implementation of the UCC. Although this guidance is destined for operators in the Netherlands, it may also be useful as a reference for operators in other European jurisdictions, as the UCC is a EU regulation which is directly applicable in each Member State of the EU.
As the UCC will radically change the EU customs landscape, we will comment some of these major changes in the UCC alerts of the next weeks and months, including the changes in customs valuation, the issuance of binding tariff information’s (BTI), the status of authorised economic operator’s (AEO), customs warehousing regimes and the further development of information exchange systems.