- From January 1, 2026, imports of CBAM goods into the EU require correct TARIC document codes and a registered CBAM declarant status, or a valid exemption.
- Key TARIC codes include Y128 (CBAM account number), with additional codes for specific exemptions and transitional arrangements.
- Customs declarations lacking correct codes or data (especially Y128, EORI, and CBAM account info) will be rejected or returned.
- Companies must update master data, import software, and communication processes to comply, or risk delays and extra costs.
- Further implementing regulations are expected; companies should monitor developments and prepare accordingly.
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"
- VAT Concepts Explained: Chain Transactions/Triangulation
- E-Invoicing in France, Germany, and Italy: Systems, Timelines, and Regulatory Models Compared
- EU Council and Parliament Agree on Major Customs Reform, Introducing Single Data Hub and New Authority
- EU Reaches Historic Agreement on Customs Union Reform, Modernising Rules for E-Commerce and Trade
- EU Customs Union Undergoes Major Reform for Smarter Data and Stronger Borders
