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International

Customs Duty-Free Exemption for Low-Value Imports from China to EU Abolished

Indian Community Editorial TeamBy Indian Community Editorial TeamJuly 6, 20262 Mins ReadNo Comments Add us to Google Preferred Sources
Customs Duty-Free Exemption for Low-Value Imports from China to EU Abolished
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The EU has eliminated the customs duty-free exemption for low-value goods imported from China, imposing a flat 3 euro duty per declaration line. This move, aimed at streamlining imports and increasing transparency, affects purchases from countries like China. The Independent Authority for Public Revenue (AADE) in Greece announced the abolition of the exemption for goods up to 150 euros, impacting online shopping from abroad directly.

The new flat-rate duty of 3 euros per declaration line at customs in Greece and the EU is causing some consumers to rethink their purchases. Many are canceling orders due to the significant increase in total costs. For instance, a 6 euro order could incur an additional 9 euros in flat fees for three products, resulting in a total charge of 15 euros. This change is making buying from countries such as China or the USA less appealing compared to before.

This special duty is temporary and will be in effect until July 1, 2028. After this date, all e-commerce goods will be subject to the standard tariff rate, irrespective of their value. Customs authorities and economic operators are already implementing this new system. It’s important to note that post-July 1, couriers may ask for an extra delivery charge, even if the initial purchase did not include this cost. Each parcel is treated as a separate shipment, according to reports.

The responsibility for paying the duty falls on the declarant, typically the platform, seller, or customs representative. Courier companies may pass this charge to the end consumer, either directly or indirectly. However, when the IOSS system is used for VAT collection during purchase, the process becomes simpler, with no additional liability upon delivery. To prevent false declarations about parcel contents, product identifiers known as PIDs are being introduced. These codes will enable customs authorities to conduct more accurate checks and ensure goods’ traceability by scanning the codes on platforms and in store warehouses.

AADE China EU Greece IOSS PIDs USA VAT
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Indian Community Editorial Team

The Indian Community Editorial Team curates, verifies, and publishes stories that matter to Indians worldwide. From culture and community to business and innovation, our mission is to spotlight voices, ideas, and events that bring our global community closer together. Have news or a story to share? Submit it to us at [email protected].

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