The transitional phase of the Carbon Border Adjustment Mechanism (“CBAM”) regulation began on 1 October, 2023 with the first reporting period for importers ending on January 31, 2024. All stakeholders, including importers, producers and regulators are expected to utilise this transition period as a learning opportunity.
- What is CBAM and how does it work?
- CBAM’s impact on Indian companies
Source: mondaq
Latest Posts in "European Union"
- Comments on GC T-646/24: Simplification measure for triangular transactions applicable to fourth link in the chain
- VAT Applies to Retailer’s Tax-Free Refund Processing Fees: No Exemption, Fee Treated as Gross Price
- CJEU Confirms Triangulation VAT Relief Applies to Four-Party Chains, Even with Direct Customer Delivery
- Is User Data a Form of Payment? EU VAT Committee Explores Taxation of Digital Barter Transactions
- HMRC Reverses VAT Grouping Policy on EU Branches, Allowing UK Businesses to Reclaim Overpaid VAT
