Ro TaxLegalAlertNo65 103112
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Transcript of Ro TaxLegalAlertNo65 103112
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Tax & Legal Alert No. 65October 31, 2012
Combined Nomenclature as of January 1, 2013
Source: Official Journal no. 304/31th
of October 2012
The CN is used by the European Community
for levying import duties in the EU. Theapplicable duty rate upon import of goodsdepends on the classification in the CN.
Among the changes brought by the new
Combined Nomenclature, applicable as ofJanuary 1, 2013, are subheading restructuring
for:
Ephedrine products (medicines) withinChapter 30;
Benzol, Toluol, Xylol and Naphthaleneproducts within Chapter 27;
Woven fabrics of Wool & Animal Hairproducts within Chapter 51;
Unwrought Aluminium within Chapter 76.
What does this mean for you?
The new CN may include new classifications
for your products. If you import/ export goodsinto the EU/ out of the EU starting from
January 1, 2013, you will need to use the newCN codes in your import/ export declaration
processes.
The amendment of the Combined
Nomenclature has implications not only forcustoms operations, but also for the Intrastat
statistical reporting, namely the tariff codes ofgoods traded between EU Member States.
In addition, , the holders of the customs and
fiscal authorisations that include reference totariff codes issued in accordance with NC
2012 (e.g. for suspensive customs regime,excisable products) will be subject to the newrules.
What to do?
To avoid any administrative and operational
inconveniences as of January 1, 2013 (e.g.extended stay of goods in customs), werecommend that you convert the codes as
soon as possible.
Upon request, our team can help you check
your classification database. If you provide uswith an Excel document with your
classification codes (on a 10 digit level) usedin 2012, our team will determine whatclassifications would have to be changed andconverted (the possible new classifications) in
order to be valid after January 1, 2013.
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2012 Deloitte Romania
Contacts
This Alert is provided as a guide only and should not beconstrued as advice. Professional tax/legal advice shouldbe sought before acting upon any of the points raised in
this Alert.
Contact your Deloitte advisor or any of those persons
listed below for more information on FTT:
Pieter WesselPartner+40 21 207 52 42
Mihai PetreSenior Manager+40 21 207 53 [email protected]
For further information please contact us at:
[email protected] visit the web pageswww.deloitte.com/ro/tax-alertsand
www.deloittelegal.ro
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