The Union Customs Code (Regulation No. 952/2013 of the European Parliament and of the Council) was agreed and adopted by co-decision in October 2013 and applies from 1 May 2016.
Businesses engaged in international trade, need to be aware of changes to the way currency conversion fluctuations will be dealt with following the introduction of the UCC across the European Union on 1 May 2016.
Who should read: All Economic Operators involved in International Trade
What is it about: This CIP has been issued to highlight impending changes to the way currency conversion fluctuations will be dealt with following the introduction of the Union Customs Code (UCC)
When effective: 1 May 2016
Extant until/Expires: Indefinitely
For further information and to view the full CIP, click here.
Posted on Friday 22nd April 2016