What is ICS2?
The European Union makes it a top priority to ensure the security of its citizens and single market. Every year trillions of Euros worth of goods are imported into EU, with the EU-27 now accounting for around 15 % of the world’s trade in goods. The European Union is implementing a new customs pre-arrival security and safety programme, underpinned by a large-scale advance cargo information system – Import Control System 2 (ICS2). The programme is one of the main contributors towards establishing an integrated EU approach to reinforce customs risk management under the common risk management framework (CRMF).
Source
- ec.europa.eu
- Customs Union: First phase of new EU import control system – ICS2 – comes into operation March 15, 2021
Latest Posts in "European Union"
- EU Court: Post-Assignment Credit Management Services Are VAT Taxable
- Shadow Economy and Governance Effects on EU VAT Compliance Gaps, 2013–2023
- EPPO Charges Six Over €17.4 Million Czech VAT Fraud Scheme
- €17.4m VAT Fraud Linked to China Imports Uncovered in Czechia
- EU Guidance Clarifies VAT and Customs Status of Pleasure Boats and Aircraft
