Ignorance or misuse of Customs regimes or European VAT mechanisms within international Supply Chains may trigger additional costs (customs broker fees, customs duties) and generate other risks such as fines and penalties. On the contrary, a good understanding of the opportunities VAT and Customs regulations offer may allow some substantial savings.
Identification of VAT and Customs impacts and recommendations for both transport and logistics and industrial or trading companies to build an optimized and secured Supply Chain in the framework of: