At the turn of the year 2024/2025, far-reaching changes came into effect in the area of origin of goods and preferences. These require adaptations of or GENESYS software as well as the cooperation of those responsible in the companies that use this software. The...
Supplier declaration
Supplier declaration from A to Z – All about long-term supplier declaration
What is a long-term supplier's declaration? Definition A supplier's declaration for goods having preferential originating status is a declaration on the preferential origin of goods. The supplier's declaration is a document that can normally only be used in the...
Alternative rules of origin for the PAN-EURO-MED area
General information The PAN-EURO-MED zone consists of: Member States of the European Union, the EFTA countries (Iceland, Liechtenstein, Norway, Switzerland), the Faroe Islands, Turkey, participants of the Barcelona Process (Algeria, Egypt, Israel, Jordan, Lebanon,...
Average storage time
Problem Companies are often faced with the question of how to provide their customers with a correct proof of origin. The key to this is preference calculation, for which not only the relevant list rules are required, but also the information as to which preferential...
Registered exporter
General information on the registered exporter The documentation of preferential origin of goods in the Generalised System of Preferences (GSP) is gradually being transformed by the introduction of the registered exporter, also known as REX. Since 1 January 2017, it...
Effects of the BREXIT on the calculation of preferences
Despite the unexpectedly quick agreement with the UK at the end of 2020, there will be significant cuts as far as preference calculations are concerned. For example, the UK no longer benefits from the 40 valid free trade agreements negotiated by the EU on behalf of...
EU Free Trade Agreement – an interim status
Overview Free Trade Agreement Whereas in the past, trade policy reports mostly eked out a dreary existence in the business sections of the media, they are now also advancing to become real "headliners" of the day's events. This is not always expressed in a positive...
Supplier declarations for used vehicles
Supplier declarations for used vehicles - Not all vehicles affected in latest Customs clarification On August 19, 2020 the German customs issued a clarification in which it is described that a complete documentation of the supply chains is necessary if customs duties...
Order-related preference calculation
Configurable materials with SAP S/4 HANA For companies that do not have a series production but a single-item production and thus generate a new bill of material for each order, the origin of goods and preference calculation must be carried out for each order item. In...