New electronic system for monitoring the movement of excise goods will benefit traders and help tackle fraud
On 1 April 2010, a new electronic system for monitoring and controlling the movement of excise goods (alcohol, tobacco and energy products) within the EU becomes operational. The Excise Movement and Control System (EMCS) will make intra-EU trade in excise goods cheaper and simpler for operators, while also making it quicker and easier for Member States to tackle excise fraud.
For more information see the EMCS roadmap.
Source: Taxud News 31 March 2010
Photo: EMCS-online.com
Tags: alcohol, EMCS, energy products, Excise, excise goods, tobacco