Importers are expected to summarize the embedded emissions in goods imported during the previous quarter of the calendar year. This includes detailing both direct and indirect emissions, as well as any applicable carbon price due abroad. It’s essential to accurately determine the date a good was imported, especially for goods under the inward processing procedure. On the one hand, it is necessary to know what should be included; on the other hand, it is essential to realize that the importer/authorized representative is liable for the information submitted. It is, therefore, even more critical to ensure that the data is accurate and that, if the importer faces an inspection in several years, the data is well prepared and secured. That’s where the Dubrink Platform can come in handy.
Need assistance in distinguishing your CBAM codes from the CN codes in your import history or planned imports? Make use of the CBAM Identifier tool for free.