Newsletter 14/2023: New import obligations for recipients
We would like to inform you about a new EU mechanism to reduce greenhouse gas emissions from imported goods. This is the Carbon Border Adjustment Mechanism, also known as CBAM.
The subject of the carbon duty will be (CN):
- 2507 - clays
- 72.. - iron and steel
- 2523 - cement
- 73.. - iron and steel
- 2716 - electricity
- 76.. - aluminium
- 2804 - hydrogen
What does this mean for me now as an importer?
- Register for the CBAM system. If you are not registered in the UUM&DS system, you will need to register there first. According to the CA, this can take up to a week or more, so we advise you not to leave registration to the last minute.
- Make arrangements with your suppliers and prepare them to deliver the "carbon footprint" data. If not supplied by the supplier, the CU will use the average (worse) values to calculate.
- If the supplier is deducting CBAM/carbon footprint offset, it will be possible to count it
- Watch for our next report on this topic. As soon as the exact content of the report is published, we will keep you informed
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In one of our last newsletters last year, we informed you about the new obligation for importers of certain commodities to report their carbon footprint, the so-called CBAM.
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