The regulation on the Carbon Border Adjustment Mechanism (CBAM) was published in the Official Journal of the EU on May 16, 2023. Since October 2023, there is a reporting requirement, for goods listed in Annex I, for imports into the EU. These are currently cement, electricity, fertilizers, iron and steel, aluminum, and hydrogen. The first report had to be submitted to the EU Commission by the end of January 2024. With the existing data from customs declarations, you already have a comprehensive set of data that you can use in your quarterly report.
Using data from Customs Management
>> For this you need the I_CLIENTADMIN role. If no user in your company has this role yet, request it from AEB Support.
Detailed instructions on field selection and possible formats can be found in the Help Center: Maintaining data extract definitions
CBAM: Creating a data extract definition
For reports from import declarations for the CBAM quarterly report, the extraction level of item is suitable. First, select the “import declaration” start object in the extracted objects, and then the “import declaration item” at the extraction level, depending on the country.
Setting up subscriptions
You can also use the subscription option for regular reports: You can find out more in the article Creating data subscriptions. If required, the data extract can be created automatically at regular intervals. You will receive an email notification from Customs Management once it has been completed.
Preparing data extracts for the CBAM report
Selection of the commodity code: Please note that the data extract includes all of your imports. For the quarterly report, only use import data from commodity codes that fall under the CBAM regulation. These are listed in Annex I to Regulation (EU) 2023/956. You can also find the commodity codes in Excel format on the EU Commission website under CBAM communication template for installations on the “CodeLists” sheet under the heading “Common Nomenclature Codes for CBAM goods”.
Country selection: The CBAM regulation defines exceptions for goods originating in Norway, Iceland, Liechtenstein, and Switzerland. You should therefore also check the countries of origin of your goods.
Filter customs procedure code: This affects goods that are cleared for free circulation. Special regulations exist for inward processing. Imports after outward processing under customs law do not have to be included in the quarterly reports.
Further exceptions: There are exceptions such as consignments with low value, or returned goods.
Further information can be found at: https://taxation-customs.ec.europa.eu/carbon-border-adjustment-mechanism_en
UK exporters to the EU may be asked to provide information, such as emissions data, to allow their EU customers to meet their reporting obligations. Guidance for UK exporters to the EU can be found at this HMRC website.