India is one of the fastest developing countries globally, while its economy is one of the most industrialized. Even though India imports more products than exports, importing from India to Europe remains popular. The most crucial for India are the car, iron and steel, aluminum, apparel, and textile industries. We discuss this country’s primary export goods, what European entrepreneurs import from there, and how to import from India.Continue reading
When importing products, you can encounter various abbreviations such as CI, B/L, HS, or CN. The first two refer to documents and the latter to customs codes. An HS code can be found in the Harmonized System, and a CN code is based on it. What is the CN code, and how is it different from the HS code?Continue reading
When importing goods from outside of the European Union, including China, you should check the customs tariffs. The TARIC system might be of great help in doing so. In this article, we explain step by step how to use the TARIC system and what information in addition to the duty rates can be found there.
TARIC, which is the Integrated Tariff of the European Communities, is a system operated by the Directorate-General for Taxation and Customs Union. It integrates all the legal provisions of the European Union Member States that are related to customs tariffs for industrial and agricultural articles.
TARIC can be very helpful when you decide to import or export goods. Although the rates are constantly changing, you can easily find the current ones in the system.Continue reading