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ECOFIN Agrees to Abolish €150 Customs Duty Relief, Duties Apply from First Euro by 2028

  • EU Finance Ministers agreed to abolish the 150 € customs duty relief threshold.
  • Customs duties will apply from the first euro once the EU Customs Data Hub is operational in 2028.
  • The Council aims to implement a temporary solution to levy customs duties on such goods starting in 2026.
  • The Danish Presidency hopes to finalize the Customs Reform Package by the end of 2025.

Source: etaf.tax

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.



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