Make shipping to the EU easier with CBIT

December 16, 2022

When packages enter a country, they must be declared to customs. An electronic customs declaration is needed for the customs broker to identify which goods are entering the country.

Customs declarations provide important information about the goods. A customs declaration is a tax document that provides detailed information about imports and exports. It is used to determine the taxes and duties to be paid. In addition, Customs will use the information on the declaration to verify that the goods can enter the country. Or it can be landed to the consignee.

European Customs

To comply with EU eCommerce obligations, it is necessary to file a customs declaration.

In the event that the customs broker considers the information on the declaration to be incorrect or incomplete, he will not release the goods. In such cases, there is usually an increase in fees and a delay in deadlines.

It is essential to make sure that the electronic customs declaration is correct, that it includes the correct HS code and that it is sent to customs.

What is the Import One Stop Shop (IOSS) and how can it benefit you?

The European Union has created a new special regime called Import One Stop Shop (IOSS) for distance sales of low-value goods imported from third countries.

Online sellers, including online marketplaces/platforms, can register in an EU member state and this will apply to the declaration and payment of VAT on all distance sales of cross-border goods and services to customers within the EU.

Being on IOSS greatly simplifies the collection, declaration and payment of import VAT on behalf of customers. However, if a supplier is not registered with IOSS and does not notify its customers about possible fees, it can increase customer dissatisfaction and the risk that they will not buy from its online platform again.

For markets, carriers and postal operators to comply with this, they have to switch to automatically generated electronic declarations. It is impossible to meet this demand manually.

This is where Crossborderit (CBIT) comes in

Crossborderit CBIT has developed a SaaS platform software that will allow you to upload your classifications, calculate the total import costs for the buyer, collect all fees and send them to the import agent, all together with all relevant master data, thus making a fully complete B2C customs declaration for a smooth cross-border entry in the destination country.

Crossborderit integrates with Shopify and WooCommerce apps along with the tax calculator, allowing merchants to calculate taxes at checkout, report shipments using their CBIT IOSS number and enter EU countries under the new "one stop shop" rules.

Simply register and let Crossborderit take care of the rest.

Damon Baca

Co-Founder

Crossborderit (CBIT)

www.crossborderit.com/IOSS