Customs status of goods
Customs, a key element in facilitating international trade - International customs instruments
Article REF: AG8040 V1
Customs status of goods
Customs, a key element in facilitating international trade - International customs instruments

Author : Jean-Philippe LACROIX

Publication date: April 10, 2009 | Lire en français

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2. Customs status of goods

By examining international, Community and national provisions (see table 1 ), it is possible to define the customs status of a product. This status will determine its treatment on import or export within the European Union. Once this has been done, we need to look at the circulation of the goods, their storage and production, and the optimization of customs clearance operations. These questions apply to imports and exports in almost every country in the world.

All these aspects of international logistics should enable a much more coherent approach to customs formalities, and their integration into corporate strategy.

Before analyzing the customs status of goods, it's important to remember that customs legislation is essentially based on the tracking of physical flows, and this is...

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