Customs & International Trade : Tax and Legal Services

July 2009 European trade communique
Read our latest edition of Customs and Trade developments.
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Managing customs costs in a downturn
Given the current global economic downturn and the credit crunch,businesses across all industries are coming under signifi cant pressure to reduce costs and better manage cash flow
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REACH - New EU rules on chemical registration Companies will have the opportunity to pre-register their substances from 1 June 2008. If this simplified step is not availed of by companies, by 1 December 2008, they will not be able to import and/or manufacture their substances.
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Authorised Economic Operator (AEO) -
New legislation introduced by the European Commission (EC) has confirmed the introduction of a World Customs Organisation (WCO) approved, supply chain certification programme.
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International Non-proprietary Names (INNs) -
The EU, from 1 January 2007 with retrospection, has expanded its listing of pharmaceutical products and associated materials which can benefit from duty-free treatment upon importation.
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New Irish customs declaration system -
The current Irish Automated Entry Procedure (AEP) for customs declarations (i.e. SADs) is being replaced from 1 June of this year by "AEP2".
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There were major changes to the Harmonised System (HS) of Customs classification for goods from 1st January 2007.
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