- Phase 4.0 of the EU Excise Movement and Control System (EMCS) made commercial movements of excise products paperless across the EU
- The system helps Member State authorities fight excise duty fraud and simplifies life for traders
- Phase 4.1 of the EMCS enhances core business functions and allows for interoperability with the EU Automated Export System (AES)
- The interface between EMCS and AES automates processes and exchange of information, facilitating control of excise movements and fighting fraud
- This new phase provides more certainty to exporters.
Source: taxation-customs.ec.europa.eu
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "European Union"
- EU Council Approves Customs Duty Cuts on Ukrainian Agri-Food Products
- EC Report: Three EU Countries Account for 75% of VAT Rate Deviations
- EU Report Reveals Major Disparities in VAT Rate Exception Applications
- Roadtrip through ECJ Cases – Focus on Place of Supply of Intra-Community Acquisitions – ”Triangulation” (Art. 42)
- Briefing document & Podcast: C-536/08 (X) and C-539/08 (Facet Trading) – No deduction on Intra-EU acquisitions taxed at the MS of identification of the purchaser, instead of the destination
