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Amendment to the UCC Delegated Act – low value consignments

In preparation of the abolishment in 2021 of the low value threshold of 22 EUR for VAT, an amendment was made to the Union Customs Code Delegated Regulation (EU) 2015/2446. The amendment provides for a reduced data-set for the declaration of goods up to 150 €. With a customs declaration requiring 3 times less data than a standard declaration the Commission tries to mitigate, for both customs and traders, the impact of the expected significant increase in the number of customs declarations for low value consignments.

Source: EY Monthly Customs Update – June 2019

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