- BAFA will eliminate reporting requirements for the use of EU General Licenses
- There are currently eight General Export Authorizations of the Union (EU001 to EU008) under EU Regulation 2021/821
- General Licenses allow for the automatic export of certain dual-use goods to specific destinations under certain conditions
- BAFA aims to streamline export control procedures by removing reporting obligations for the use of EU General Licenses
- The change will be retroactive to January 1, 2024, except for initial uses of a General License
- The revised announcement from BAFA is expected to be published in the Federal Gazette soon
- No changes to registration requirements or notification of initial use of General Licenses are planned
Source: awb-international.de
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.
Latest Posts in "European Union"
- Comments on ECJ C-121/24: Non-payment of declared VAT does not constitute VAT fraud
- European Parliament Approves Simplifications to Carbon Border Adjustment Mechanism (CBAM)
- Comments on ECJ C-472/24: In-game gold: AG Kokott’s advice on VAT exemption, vouchers & margin scheme
- AG Kokott’s Opinion: VAT Exemption, Vouchers, and Margin Scheme for In-Game Gold Trading
- EU Reaches Agreement on 2028 Customs Reform