Customs Flash: New obligations for importers due to CBAM

On 1 October 2023, a new European Union (EU) measure called “Carbon Border Adjustment Mechanism” (CBAM) entered into force. CBAM relates to the import of certain carbon-intensive goods, namely aluminium, iron and steel, electricity, hydrogen, fertilisers and cement, as well as certain downstream products (e.g. bolts, screws).

Download the report to learn all details on the CBAM measure.

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Hara Strati

Director, Tax, PwC Greece

Konstantinos Mitropoulos

Customs Expert, PwC Greece

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