Import and Trade Remedies Blog

The WCO Symposium on E-Commerce and Customs Valuation Highlights Key Challenges

March 29, 2023 By Lionel Van Reet, Thomas Kukanza, Johanna Asplund and Suha Alwan 2 Mins Read

On 15 February 2023, the World Customs Organization (“WCO”) hosted a Symposium on E-Commerce and Customs Valuation. Several key challenges were identified: the fragmentation in the system due to data overload from low level shipments; the consequent shortfalls within data systems and processing; and compliance and enforcement challenges. The sessions provided a high level overview from the WCO and World Trade Organization (“WTO”) of the current scope of challenges and questions to consider, and…

March 29, 2023

The EU Releases Draft Act to Introduce Binding Valuation Decisions

In November we reported that the European Commission announced plans to include binding valuation information (“BVI”) decisions in its customs legislation. The Commission has…

March 28, 2023

New guidelines issued by the Spanish Customs Authorities on provisional customs value: Use of simplified declarations and impact of TP adjustments

The Spanish Customs Authorities (“SCA”) have released new guidelines (available only in Spanish) on provisional customs values and simplified declarations. The aim is to…

March 17, 2023

Türkiye: Restructuring of Customs Receivables

Baker McKenzie’s Global Compliance News Blog published “Türkiye: Restructuring of Customs Receivables,” which can be viewed here.

March 16, 2023

UK to implement Advance Valuation Rulings (“AVR”) for Customs Valuation of imports

As part of its slate of Customs measures announced for the Spring Budget 2023, the UK government confirmed yesterday, March 15, that AVRs will…

March 16, 2023

UK Government’s Customs Package in Spring Budget 2023: new (or improved) Customs processes

Yesterday (15 March 2023), the Government announced its Spring Budget 2023, which included some long awaited changes to the current Customs regime (“Customs Package”).…

March 14, 2023

Big Changes afoot for the UK Trade Remedies Regime

There are already big reforms planned for the UK Trade Remedies Authority (“TRA”) – less than two years after its establishment – and for…

March 10, 2023

Peru: Clothing imports entered under National Customs Tariff Chapters 61 to 63 are not subject to definitive safeguard measures

Baker McKenzie’s International Commercial & Trade Blog published “Peru: Clothing imports entered under National Customs Tariff Chapters 61 to 63 are not subject to…

March 10, 2023

Brazil: Foreign trade policy authorities restructured

Baker McKenzie’s International Commercial & Trade Blog published “Brazil: Foreign trade policy authorities restructured,” which can be viewed here.

March 10, 2023

European Union: Six months on from the entry into force of Regulation (EU) 2019/1009 rules for placing fertilisers products on the EU market

Baker McKenzie’s International Commercial & Trade Blog published “European Union: Six months on from the entry into force of Regulation (EU) 2019/1009 rules for…