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In that sense, it is similar to CPT. What is different with CIP is the fact that the buyer has paid an additional sum to have the goods insured during the carriage of the goods. Risks and Costs for the Seller The seller is responsible for arranging and paying for transportation to the …

Risks and costs for the seller The seller is responsible for arranging and paying for transport to the buyer's appointed carrier, and for obtaining all necessary export documentation. Once the goods have arrived at the first carrier, the risk is transferred to the buyer. This may be the sea or air …

There will be no VAT on face masks starting May 25th. This announcement has just been made by the Dutch Government. This will be valid for all face masks, both the medical and the regular masks. State Secretary for Finance Vijlbrief told the Dutch Parliament: “We ask the people to wear non-medical …

As an exporter of goods  or a service provider to an exporter, you are asked to provide a written declaration that states whether your shipment contains dual-use or military goods. What Are Dual-Use Goods? The European Commission defines dual-use goods as products and technologies normally used for …

We’ve covered  export documents  and  import documents  that you may need when exporting goods from the EU. These were all customs documents and certificates. There are several other documents you may need, that are not customs specific. Commercial Invoice For any customs authority to be able to …

What does digitalisation in customs mean to you? I think it’s a giant step forwards. When technology is making progress in all other sectors, we [the customs industry] can’t be sitting here doing declarations by hand anymore. In an accuracy-sensitive industry like ours, having the numbers, …

How does the CBAM promote carbon neutrality? The Carbon Border Adjustment Mechanism (CBAM) requires you to pay a fee for the embedded carbon in your imports. This ensures that products entering the market are held to the same standard of carbon emissions as those that are manufactured domestically. …

How to Export Goods From the EU to the UK If you want to transport goods from the European Union to the United Kingdom you now need to export them. For this, you need to have a European Union EORI number. An EORI number is a registration and identification number for businesses that want to import …

What is an MRN?   MRN stands for Movement Reference Number. The Customs Authority issues a Movement Reference Number (MRN) in each member state. The MRN number is the customs registration number that enables the customs authority to identify and process your shipment in the customs system. It is …

Risks and Costs for the Seller The seller is responsible for arranging and paying for transportation to the ship and is also responsible for loading the goods onto the ship. The risk used to transfer to the buyer when the goods go over the rail of the ship. This was confusing as the risk would …