The European Council is set to introduce a “temporary” fixed customs duty of €3 ($3.5) on all small parcels valued below €150 ...
The Council takes urgent action to tackle the influx of dangerous and undervalued goods entering the EU in small parcels - a ...
The €3 customs duty will apply mainly to goods sold by non-EU merchants registered under the Import One-Stop Shop (IOSS) system for VAT purposes. According to EU estimates, around 93% of all ...
Bajaj Auto has received a customs order demanding over Rs 76 lakh in differential duty and a Rs 60 lakh fine over the ...
Forbes contributors publish independent expert analyses and insights. Aleksandra Bal covers indirect tax and technology developments. On May 17, 2023, the European Commission unveiled its most ...