The Border Carbon Adjustment Mechanism (CBAM) is a new EU policy that aims to put a tariff on carbon dioxide emissions from imported goods. The CBAM will be implemented in two phases: a transitional phase, starting on October 1, 2023, and a full phase, starting on January 1, 2026.
During the transitional phase, importers of certain goods will be required to declare the carbon content of their imports. This information will be used to calculate a carbon adjustment tax to be paid to the EU. The amount of the fee will depend on the carbon content of the goods and the price set for carbon emissions.
ABX can help you understand the CBAM and its implications for your business. They can help importers develop strategies to comply with CBAM and minimize compliance costs.
If you are an importer of goods subject to CBAM, you should consider consulting with a firm that specializes in CBAM compliance. This will help ensure you are compliant with CBAM and minimize your compliance costs.
Here are some of the benefits of our CBAM declaration consultation:
Expert advice: We have a deep understanding of CBAM and can provide you with expert advice on how to comply.
Reduced risk: We can help you reduce the risk of non-compliance, which can save you money and avoid penalties.
Smoother transition: We can help you manage the transition to CBAM and ensure your business is ready for the new requirements.
The obligations imposed by the CBAM apply to all those who import CBAM products.
The CBAM Regulation does not cover the following:
2507 00 80 Kaolin and other kaolinic clays, whether or not calcined: Other kaolinic clays
2523 10 00 Cement clinker
2523 21 00 Portland cement: White cement
2523 29 00 Portland cement: Other cement
2523 30 00 Aluminous cement
2523 90 00 Other hydraulic cements
2716 00 00 00 Electricity
2804 10 00 00 00: hydrogen as pure substance
2808 00 00: Nitric acid; sulphonitric acids as pure substance
2814 Ammonia, anhydrous or in aqueous solution
2814 10 00 00 00 – Anhydrous ammonia (gaseous ammonia NH3)
2814 20 00 00 00 – Ammonia in aqueous solution (NH4OH solution)
Both of the above substances as pure substance
2834 21 00 Potassium nitrate as pure substance
3102 Mineral or chemical fertilisers, nitrogenous. This commodity code includes urea, whether or not in aqueous solution
Ammonium sulphate; double salts and mixtures of ammonium sulphate and ammonium nitrate
Ammonium nitrate, solid or in aqueous solution (for uses other than fertiliser), mixtures with calcium carbonate or other non-fertilising inorganic substances
Sodium nitrate
Mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution
3105 (Fertilisers or mixtures of fertilisers) Mineral or chemical fertilisers containing two or three of the fertilising elements nitrogen, phosphorus and potassium; other fertilisers; goods of this chapter in tablets or similar forms or in packages of a gross weight not exceeding 10 kg:
(excluding 3105 60 00 Mineral or chemical fertilisers containing two fertilising elements: phosphorus and potassium)
2601 12 00 Iron ores and concentrates, agglomerated, other than roasted iron pyrites
Base metals and articles of base metal.
Primary materials; products in granular or powder form
(except the following ferro-alloys: 7202 2 ferro-silicon, 7202 3 ferro-silico-manganese, 7202 50 00 ferro-silicon-chromium, 7202 70 00 ferro-molybdenum, 7202 80 00 ferotungsten and ferro-silico-tungsten, 7202 91 00 ferro-titanium and ferro-silico-titanium, 7202 92 00 ferro-vanadium, 7202 93 00 ferroniobium, 7202 99 10 ferro-phosphorus, 7202 99 30 ferro-silico-magnesium, 7202 99 80 other, 7204)
Iron and non-alloy steels
Stainless steel
Other alloy steel; hollow drill bars and rods, of alloy or non-alloy steel
73 Articles of iron or steel:
7301 Sheet piling of iron or steel; angles, shapes and sections, of iron or steel; angles, shapes and sections, of iron or steel.
7302 Railway or tramway track construction materials of iron or steel
73 03 -73 06 Tubes and pipes, of iron or steel
7307 Tube or pipe fittings
7308 Structures and parts of structures, of iron or steel
7309 Tanks, reservoirs, tanks, vats and similar containers, of a capacity exceeding 300 l, whether or not lined or heat-insulated, but not fitted with mechanical or thermal equipment
7310 Tanks, casks, drums, cans, boxes and similar containers, of a capacity not exceeding 300 l, whether or not lined or heat-insulated, but not fitted with mechanical or thermal equipment
7311 Containers for compressed or liquefied gases
7318 Screws, bolts, nuts, screw-nuts, screw hooks, rivets, cotters, nails, cotter-pins, washers (including spring washers) and similar articles
7326 Other articles of iron or steel
7601 Unwrought aluminium
7603 Aluminium powders and flakes
7604 Aluminium bars, rods and profiles
7605 Aluminium wire
7606 Aluminium plates, sheets and strip, of a thickness exceeding 0,2 mm
7607 Aluminium foil of a thickness not exceeding 0,2 mm
7608 Aluminium tubes and pipes
7609 00 00 Tube or pipe fittings, for example, couplings, elbows, sleeves
7610 Aluminium structures and parts of structures; aluminium plates, rods, profiles, tubes and the like, prepared for use in structures
7611 00 00 Tanks, reservoirs, vats and similar containers, of a capacity exceeding 300 litres
7612 Casks, drums, cans, boxes and similar containers (including rigid or collapsible tubular containers), of a capacity not exceeding 300 litres
7613 00 00 Aluminium containers for compressed or liquefied gases, for example, compressed-air cylinders
7614 Stranded wire, cables, plaited bands and the like, of aluminium, not electrically insulated:
7616 Other articles of aluminium: Nails, rivets, staples, staples, screws, nuts, nuts, rivets, rivets, washers and similar articles, sails, gratings, nets and fencing, other articles of aluminium.
Especially if you are a third country importer, you need a service provider who is responsible for preparing the CBAM documentation to the EU authorities on your behalf. We ensure compliance with CBAM requirements and facilitate smooth imports into the EU while complying with environmental regulations.
By choosing us as your CBAM consultant, you have access to our expertise in EU compliance, simplified customs procedures and reliable reporting. This ensures efficient import operations and minimises the risk of non-compliance.
Our fee structure is transparent and tailored to your specific needs. This typically covers CBAM compliance audits, reporting and ongoing support. We offer a tailor-made offer based on your import volumes and requirements.
We cater to importers of all sizes and no minimum import volume is required. Whether you are a small importer or a large corporation, we help you comply with CBAM.
Our team maintains close communication with your organisation, verifies data accuracy and is up to date with CBAM regulations. We are committed to accurate and compliant reporting.
We serve the full range of industries affected by CBAM, including manufacturing, agriculture, energy and more. Our expertise extends across all of these sectors to meet your specific CBAM compliance needs.
It’s easy to get started. Fill out the form below and our team will conduct an initial assessment of your CBAM compliance needs. From there, we’ll provide you with a customized plan and quote to get the process started.