European Customs Union (EU) TARIC

Syllabus of the Subject: European Customs Union (European Union)

Introduction to the Customs Union of the EU;
Need for the EU Customs Union;
The Pillars of the European Customs Union
1. Common Customs Tariff;
2. Common rules of origin;
3. Customs transit;
4. Common customs valuation system.
The EU product classification system;
Case study. How to classify computers and software, fruits, vegetables, footwear, plastics and textiles;
Integrated Tariff of the EU (TARIC);
Value Added Tax in the EU;
Special taxes;
Fraud Prevention;
Customs co-operation agreements and mutual administrative assistance;
New Union Customs Code (formerly: Community Customs Code).

The objectives of the subject “European Customs Union (EU)” are the following:

To understand the pillars of the European Customs Union (EU);
To analyze the functioning of the European Customs Union;
To know the New Union Customs Code.

NOTE: points 5 and 6 are also discussed in the subject: How to export to the EU.

European Customs Union (EU):
European Customs Union (EU, Master, Course)

E-learning Course Master Doctorate, Asian Student, International Business

The Subject “European Customs Union (EU)” belongs to the following Online Programs taught by EENI Global Business School:

Doctorate: European Business, World Trade.

Masters: International Business, Foreign Trade.

Course: EU Single Market.

Online Education (Courses, Masters, Doctorate): European Single Market

Languages: Courses, Masters, Doctorate in International Business and Foreign Trade in English or Study Master Doctorate in International Business in Spanish Unión Aduanera UE Study, Course Master Doctorate in International Business in French Union douanière UE Masters Foreign Trade in Portuguese União Aduaneira UE.

Masters and Doctorate in International Business adapted for the EU, Masters, Doctorate, Courses, International Business, Foreign Trade EU Students.

European Classification of Goods

The four pillars of the European Customs Union are:

The absence of customs duties between the EU member countries;
The adoption of common tariff to the imports from the non-EU countries;
The introduction of common rules of origin for all the goods imported from a third country;
The use of a single customs valuation system.

The EU Customs Union has been in force since 1 July 1968 (Belgium, France, Germany, Italy, Luxembourg and the Netherlands).

The remaining countries have been progressively incorporated: Austria, Bulgaria, Croatia, Cyprus, Denmark, Estonia, Finland, Greece, Hungary, Ireland, Latvia, Lithuania, Malta, Poland, Portugal, Slovakia, Slovenia, Spain (Ceuta and Melilla are not part), the Czech Republic, Romania and Sweden (Europe).

The Third-country customs revenue accounted for 11% of the EU budget (EUR 15.3 billion);
The EU customs manage approximately 16% of the world's trade;
The EU customs seized 36 million of products (25% of which were counterfeit medicines);
Andorra, San Marino and Turkey have a Customs Union with the EU;
All the countries of the EU are part of the EU Customs Union.

The EU has customs cooperation agreements and mutual administrative assistance with the U.S., Canada, India, Japan, Hong Kong, South Korea and China. These customs cooperation agreements simplify and harmonize the customs procedures, reducing the export-import costs.

European Economic Area (Western Civilization).

Atlantic Transport Corridor (Portugal-Spain-France-Germany)

Trans-European Transport Corridors. Online Education (Course, Doctorate, Master)