The Carbon Border Adjustment Mechanism (CBAM) is set to reshape global trade by prioritising climate risks in business operations. This is expected to disrupt global markets, particularly impacting developing economies reliant on exports in CBAM-regulated industries.
Crafted for CBAM declarants, the software is designed to provide easy CBAM reporting solution for the EU’s €6.57 trillion import market.
The Carbon Border Adjustment Mechanism has completed over 1 year of ongoing Transitional Phase 1 implementation. This Phase has been particularly challenging for businesses and companies as most of them continue to adapt to CBAM. In this blog, we will discuss key learnings from CBAM implementation.
Importers and exporters facing issues in submitting the quarterly CBAM reports can now request delayed submission due to technical errors. Here is a look at the regulations on how importers can apply for delayed CBAM report submissions.
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