EU Customs Reform: End of De Minimis Threshold to Reshape Air Cargo and E-commerce
The European Union is set to abolish its €150 de minimis threshold, a significant reform subjecting all imported goods to customs duties and VAT. This policy aims to level the playing field for EU businesses and combat customs fraud. The change presents a major operational challenge for logistics providers and express air cargo carriers, who must now process a massive increase in formal declarations for low-value shipments. This new environment will require substantial investment in technology to ensure compliance and maintain delivery speeds.
Official Source: https://www.stattimes.com/ecommerce/eu-customs-reset-what-the-end-of-de-minimis-means-for-logistics-1358998
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