- Abolition of the €150 Customs Threshold: The Council of the EU has announced plans to eliminate the customs threshold of €150, which currently exempts small parcels from customs duties, in response to the increasing volume of such imports.
- Addressing Competition and Environmental Concerns: The removal of the threshold is intended to level the playing field for EU sellers and mitigate environmental issues associated with the influx of small parcels, ensuring that all imported goods are subject to customs duties.
- Implementation Timeline: The change will take effect once the EU Customs Data Platform is operational, which is anticipated by 2028. In the interim, the Council is exploring temporary measures for imposing customs duties on small parcels, with ongoing work planned for 2026.
Source Taxlive
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