Under the new provisions, the guarantor must be a bank registered in the European Union and European Economic Area, which is authorized to operate in Romania (i.e. through a branch). What does it mean for you? If you carry out… Read moreTransitional measures regarding the guarantee letters for covering excise duties payments – deadline March 31st 2016
With the new customs legislation, Union Customs Code (“UCC”), expected to enter into force as of May 2016, significant changes in the current customs valuation rules will rapidly be put into place. ‘First Sale for Export’ for Customs Value The… Read moreDeloitte. New Customs Code
The Union Customs Code (“UCC”) will enter into force on May 1, 2016. The Code was adopted by Regulation no. 952/2013 of the European Parliament and the EU Council, which reformed customs legislation. UCC only sets general guidelines; it will… Read moreDeloitte. Implementing Act of the Union Customs Code has been adopted
After six years from the date of the last amendment, the General Customs Directorate has revised the national norms for granting the AEO status. They entered into force on October, 27th, this year. The new form provides the following: clarification… Read moreThe norms on granting the Authorised Economic Operator (“AEO”) status have been revised
