How will a CBAM declarant become ‘authorised’ and what is the timeline for its authorisation during the definitive period?
The NCA in the Member State in which the applicant is established shall grant the status of authorised CBAM declarant, when the applicant meets the following criteria:
- has been assigned an EORI number.
- is established in the Member State where the application has been submitted;
- demonstrates its financial and operational capacity;
- has not been involved in a serious infringement or in repeated infringements of customs legislation, taxation rules, market abuse rules or the CBAM Regulation;
A consultation procedure is required before granting the authorisation, and it should not exceed 15 working days. During the transitional period, the European Commission will adopt secondary legislation with further details on the authorisation procedure (see Article 17(10) of the CBAM Regulation).
Source: EC’s Questions and Answers on CBAM
CBAM Regulation
CBAM Regulation