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AEO: customs and businesses data monitoring, artificial intelligence and customs obligation.
The AEO (authorized economic operator) is a customs authorization[1] able to qualify its ower as “reliable”. This is an “unicum” inside the group of customs decisions that can be granted: inwards processing relief, outward processing relief, customs warehouse, temporay admission, end use and free trade zone and the approved exporter allow the economic operator either to exercise the right to apply for a special regime or to declare the preferential origin status in the statement of origin instead by means of EUR.1 certificate. In other words, except for the authorized economic operator, the authorizations impact only on the objective element of the customs obligation (it means: the customs debt).…
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2024 a New Year of customs challenges
The 2023 has been an year very rich in customs news which will impat on the custom operations and compliance. We would list the following topics already published in our website: CBAM carbon border adjustments mechanism for which it is required to: 1) take into account HS codes;2) supply chain management; 3) special regimes; 4) made in/non-preferential origin; 5) customs value; The European regulantion on f-gases import; The due diligence on some goods (cattle,cocoa,palm oil, rubber, soya, wood,coffee) with specific focus on “deforestation and forest degradation”; The ecodesign, recycle and second life for batteries manufactured and imported into the EU; The free trade agreement with the New Zealand; The free…
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Customs special regimes, AI, circular economy and compliance: the challenges
On 30 November 2023 the DG TAXUD published the guidance “Special procedures for MSs and Trade -Title VII UCC” number of reference TAXUD/A2/SPE/2016/001-Rev 21-EN. In this document, the EU working group, according to article 210 UCC, checks and analyzes the customs procedures with economic impact (CPEI) also called eitther “Special Procedures” or “special regimes”. The main categories are Storage which covers customs warehouse and free trade zones Specific use. In this category, the temporary admission and the end use authorization fall. Processing which means inward processing relief and outwards processing relief The common framework of these special procedures is Authorization: the authorisation which is a favourable decision with a maximum…
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AEO, customs compliance and artificial intelligence: the next frontier of the customs
The aim of this article is to start to outline and analyze the impacts of the artificial intelligence (AI) on the customs compliance and AEO. Firtsly, it could be interesting to understand the meaning of “artifical intelligence”. Indeed, according to John McCarthy (emeritus professor at Stanford University in 1955) definition, artificial intelligence is “the science and engineering of making intelligent machines”. In practical terms, artificial intelligence allows the performance of actions normally done by human intelligence. By means of algorithms, the artificial intelligence system can: Learning; Reasoning; Improve its own creativity; Self check and control. From the point of the view of the authorized economic operator (AEO), the development of …