On 1 October 2023, a transitional period for the application of the Carbon Border Adjustment Mechanism (CBAM) will start. With the introduction of CBAM across the EU, new reporting obligations will fall on importers of goods.
- What is CBAM?
- Transitional period as from 1 October 2023
- Customs agency may not help
- Inspections and administrative fines
Source: Crowe
