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New customs code coming into force on 1st may 2016
New customs code coming into force on 1st may 2016
Friday 19th february 2016 - from 03.00 p.m. to 05.00 p.m. Via Portazzolo, 9 - Mantova
02/08/2016
Purpose of the meeting
: taking stock of the most important and latest news in terms of customs and tax matters, for companies having business relationships with foreign Countries.
Close attention
will be paid to the news contained in the
New EU Customs Code 2016
.
The meeting caters to
: executives and persons in charge of both the Foreign Customer Relation Department and the Accounting Department
PROGRAMME
- New EU Customs Code Purposes
- Practical effects for companies
- A new requirement to obtain AEO (Authorized Economic Operator) Certification
Focus on some particularly important matters:
export operations: proof of export; use of pro-forma invoices and final export invoices; prohibitions to export
import operations: how to properly execute customs formalities and issue (also deferred) payments of customs duties
risks linked to the classification of goods: BTI's requirements (BTI = Binding Tariff Information)
Speaker:
Alessandro Dotti
, Mantova Export's Managing Director.
Participation in the seminar is
FREE OF CHARGE
.
To participate please send your email message to
mari@export.mn.it
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05/13/2025
US duties on Chinese products
Following the agreements made with China, the US President issued an Executive Order modifying the duties on Chinese, Hong Kong and Macao...
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05/13/2025
US duties on Chinese products
update to 13 May 2025
Following the agreements made with China, the US President issued an Executive Order modifying the duties on Chinese, Hong Kong and Macao products.
To become effective, the order must be published in the Federal Register, but we can still summarise its contents:
- for goods released for consumption in the US as of 12:01 a.m. (EST time) on 14 May 2025, the additional duty for Chinese products is reduced from 125% to 10%
- unless there is an agreement between the United States and China, the additional duty will increase from 10% to 34% after 90 days (also from 12:01 a.m. EST on 14 May 2025);
- the additional duty is in addition to any duties already in place.
The measure speaks of “provenance” and not “origin” of the goods, which seems anomalous to say the least, since it concerns duties; it is to be hoped that clarity will be provided on this point when it is published in the Federal Register.
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