• Service: Tax, Global Indirect Tax, Global Compliance Management Services
  • Type: Regulatory update
  • Date: 10/11/2013

EU - Uniform customs code generally effective May 2016 

October 11: A regulation of the European Parliament and European Council, implementing a new uniform customs code, was published on 10 October 2013.

While the regulation itself is effective 20 days after its publication in the EU official journal, most provisions of the uniform customs code (UCC) regulation have an effective date of 1 May 2016.

New features

The main features of the new uniform customs code (UCC) are:

  • A “paperless environment” for customs and trade, based upon electronic customs declarations
  • Maximum benefits and simplifications for AEO accredited companies
  • Comprehensive guarantees, with reduced amounts or guarantee waiver, under certain conditions, for duty deferral
  • Guarantee to cover both actual and potential debts
  • Centralized customs clearance at the place where the economic operator is established (regardless of where the goods are located)
  • Self-assessment allowing entry in records in lieu of lodging customs declarations
  • Authorization required for temporary storage facilities
  • Merging of inward processing relief and processing under customs control; inward processing relief drawback to be repealed

Future guidance

Draft implementing and delegating guidance is expected early in 2014. It is anticipated that the draft provisions will improve the conditions for certain trade-related issues (e.g., customs valuation and first sale for export).

Read a 2013 report [PDF 174 KB] prepared by the KPMG member firm in the Netherlands: Uniform Customs Code in force as of May 1, 2016

©2014 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. All rights reserved.

The KPMG logo and name are trademarks of KPMG International.

KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever.

The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.

Direct comments, including requests for subscriptions, to
For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at:

+ 1 202 533 4366

1801 K Street NW
Washington, DC 20006.


Share this

Share this


Subscribe to receive the latest TaxNewsFlash email alerts (you must select the option for TaxNewsFlash)

Already a Subscriber? Login

Not a member? Subscribe now