Brussels, 28 May 2019
On 28 May, FEPORT participated in an expert working group of DG TAXUD which is working on guidelines for the management of customs debts and guarantees under the Union Customs Code. The Union Customs Code requires guarantees for all potential unpaid customs debts, whilst also introducing guarantee waivers and reduced guarantees for trusted traders. The meeting brought together representative from Member States and industry experts.
FEPORT believes that there is a good legal framework in place for customs debts and guarantees, but also recognises that in some instances further guidance is useful. It is expected a European Commission guidance document will be finalised and publicly accessible by the end of 2019.