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

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New Delhi, July 6 (IANS) The abolition of the customs duty-free exemption for low-value imported goods from China to the EU imposes a flat 3 euro duty per declaration line. The measure concerns purchases from countries such as China, aiming to rationalise imports and enhance transparency, according to an article in the Greek City Times.The AADE (Independent Authority for Public Revenue) has announced that the customs duty-free exemption for low-value imported goods up to 150 euros is being aboli…