FAQ frequently asked questions
List of frequently asked questions in the logistics industry in general with answers.WHO HAS TO WORRY ABOUT MAKING INSURANCE AGAINST ALL RISKS?
WHO HAS TO WORRY ABOUT MAKING INSURANCE AGAINST ALL RISKS? The freight forwarder shall provide freight insurance only upon the express written request of the principal. Its function is limited to procuring the appropriate transportation insurance. If the assignment...
WHAT IS THE CITES?
CITES stands for the Convention on International Trade in Endangered Species of Wild Fauna and Flora signed in Washington in 1975-hence the more common way of identifying it as the Washington Convention-and regulates the trade and transport of these particular...
How to open a customs account
HOW TO OPEN A CUSTOMS ACCOUNT The centralised billing procedure of the Customs Administration (PCD), i.e. opening a customs account, is an operating mode intended for all importers and freight forwarders who regularly pay taxes on tradable goods. It offers significant...
WHAT IS VAT?
VAT means Value Added Tax. This is a tax that applies to goods, commodities, products of nature and raw materials released for consumption in a given member state of the European Union. VAT is levied in the member state where the goods are to be released for...
customs operations Chiasso
CUSTOMS OPERATIONS IN SWITZERLAND AND ITALY Every day thousands of tons of goods of any type cross our borders, traveling by road, rail, water or air. Franzosini's customs specialists declare more than 70,000 shipments a year that cross the Italian-Swiss border, both...
ELECTRONIC ASSESSMENT DECISION (EMI)
ELECTRONIC ASSESSMENT DECISION (EMI) THE ELECTRONIC FORMAT THE TRANSITION TO THE ELECTRONIC FORMAT OF THE ELECTRONIC ASSESSMENT DECISION (EMI) WE TRY TO CLARIFY THIS DELICATE PASSAGE WITH A SERIES OF QUESTIONS AND ANSWERS Source: www.evvdatacenter.ch What is the...
WHAT DOES INTRASTAT MEAN?
The Intrastat control system was designed because the VAT rates applied in the various Member States are different and it is not possible to apply the same VAT mechanism to goods in free circulation traded between Member States of the European Union. For example, for...
WHAT DOES ADR MEAN?
European Agreement on the International Carriage of Dangerous Goods by Road ADR is the European agreement concerning the international carriage of dangerous goods by road. With the ADR Directives, a Europe-wide regulation governing the transportation of dangerous...
IS THE WARRANT NECESSARY FOR THE ISSUANCE OF EUR1?
With regard to the issuance of the Certificate of Circulation of Goods "EUR 1″, if conditions permit, it is necessary for the customs operator to have a special mandate from the exporting company to issue and sign in his own name but on behalf of the obligated...
WHAT IS A TRANSIT?
Transit is a customs operation secured by the prior filing of a special surety bond covering customs duties. When a shipment under customs control needs to be moved from one point to another in the European Union, it is escorted by a T1 (External Community Transit) or...
WHAT IS THE COMMUNITY CUSTOMS CODE?
The Community Customs Code (CCC) regulates all aspects of customs operations taking place in the European Union and lists the general principles on which Community customs law is based. Instead, operational details are described in the Enforcement Provisions of the...
WHAT DOES EORI MEAN?
EORI - Economic Operators Registration and Identification This is the European Unified Customs Numbering System for the registration and identification of economic operators. The identification number consists of the state abbreviation and data in alphanumeric...
WHAT ARE THE CONDITIONS FOR THE ISSUANCE OF EUR1?
In the first instance, it is emphasized that the customs regulations admit validity to the declaration of origin affixed to the invoice (if the goods are produced in the European Community with PREFERENTIALITY character) up to a value of the goods of Euro 6000.00 (CHF...
INVOICE DECLARATION
The majority of agreements stipulate that the EUR 1 certificate can be replaced with an invoice declaration in the following cases: for shipments of less than EUR 6,000, or without value limits for exporters specially authorized by the Regional Directorate of the...
WHAT DOES AEO MEAN?
AEO (Authorized Economic Operator) status is granted following a special assessment by the Customs Agency, which provides evidence of compliance with customs requirements, accounting system criteria and financial solvency. The economic operator is not obliged to...