- Improvement of accuracy of CBAM declarations during the transitional period of the Carbon Border Adjustment Mechanism
- European Commission evaluated data from reports submitted by obligated verifiers during the first year of implementation
- Discrepancies found in reported quantities of imported goods compared to customs data
- Errors cause concern as they distort statistics collected by the European Commission and may lead to unrealistic economic obligations
- Verifiers are advised to pay attention to details when submitting future reports
- Instructions include using English language for CBAM registry, reporting quantities in tons, and ensuring accuracy in numerical data
- Transitional period is educational and does not require retroactive correction of reports
- European Commission intensifies efforts to inform and educate verifiers for the final implementation period
- Utilize material available on the official EU website for CBAM
- Contact the General Directorate of Customs and Excise for further questions or clarifications via email or phone
Source: minfin.gov.gr
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
