Customs and Duties commences by explaining fundamental customs principles, such as union versus non-union goods or the difference between a customs union and a free trade zone. It then explores the responsibilities and obligations of customs representatives, customs authorities, and AEO-companies, among other key players.
Subsequently, the focus shifts to the three core aspects of customs law: goods classification (1), customs value determination (2), and origin interpretation (3), with dedicated chapters for each area to facilitate a thorough examination. The initial chapter revolves around the classification code provided by the EU, incorporating examples of customs duties and outlining the general principles of interpreting the harmonized system rules.
Moving forward, the fourth chapter delves deeper into the calculation of customs values, including considerations for VAT purposes and the concept of "statistical value." To conclude, the fifth chapter, titled "Customs Regulations and Temporary Storage," explores various customs regulations such as in- and outward processing, temporary admission, internal and external transit, offering a comprehensive overview of these processes.
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