VATupdate

Share this post on

MASP-C, the steps (and delays) toward electronic Customs, Part 1

  • The European Commission and its Member States recognized the negative connotation associated with customs formalities and decided to modernize and streamline the system.
  • The shift toward electronic, paperless customs began with the introduction of the NCTS system in 1997, followed by the e-customs decision.
  • However, the e-customs decision did not fully achieve its objectives, leading to the development of the Union Customs Code and the Multi-Annual-Strategic Plan for electronic customs (MASP-C).
  • The MASP-C aims to achieve a full electronic exchange of information through simplicity, service, and speed. However, some countries are struggling with the implementation of their new systems, leading to delays.
  • The customs authorities are working with software providers and economic operators to ensure a proper transition.

Source Portorium

Sponsors:

VAT news

Advertisements:

  • vatcomsult