- DG TAXUD released updated guidelines on preferential origin rules on March 3, 2025.
- Developed in collaboration with EU member states to enhance trade clarity and compliance.
- Covers aspects like wholly obtained products, tariff classification changes, and value limits for non-originating materials.
- Explains general and specific tolerance rules, especially for textiles.
- Section C introduces verification of origin proof, detailing procedures and necessary importer information.
- Verification includes document checks and potential on-site visits.
- Provides an overview of product-specific origin rules and verification procedures.
- Includes roles of authorized or registered exporters and details on PEM Convention cumulation systems.
- Covers agreements like EU-Chile ITA, EU-Canada CETA, EU-Japan EPA, and EU-UK TCA.
- Offers a reference document for businesses to address uncertainties in preferential trade.
Source: awb-international.com
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"
- ECJ Rules VAT Refund Administration Fees Taxable in Hungary for Non-EU Customers
- EU Publishes VAT Digital Age Implementation Strategy for Businesses and Member States
- Greek Customs Officer Arrested in €3mn China-Linked VAT Fraud Investigation by EU Prosecutor
- EU Parliament Mandates EPR Schemes for Textiles, Impacting Producers and Online Sales
- EU Deforestation Regulation Faces Another Delay Amid Technical and Political Challenges