Electronic data interchange (EDI) standards
EDI standards can provide certainty for relevant authorities and simplify the operation process for all operators over liability by aligning value added tax (VAT) with customs legislation and by establishing an Import One Stop Shop model that includes an endto-end green lane status. Recommendations:
• Centralise procedures through a single European Customs Agency where economic operators can file their customs declarations in order to streamline free movement of goods.
• Implement the VAT e-commerce package in a harmonised and effective manner.
Source AmCham EU