Registration in central CBAM registry launched
The carbon tariff (CBAM Directive) is a much talked about topic, especially now at the turn of the year. The directive entered into force on 1 October 2023, starting the transitional period that ends at the end of 2025. The Czech Republic has entrusted the administration of the carbon tariff to the Ministry of the Environment.
Taxpayers must file their first CBAM reports by the end of January 2024 for the preceding calendar quarter of 2023.
When preparing the CBAM Directive, the European Commission envisaged the introduction of a transitional CBAM registry, which is part of the specialised EU Customs Trader Portal. At the local level, it is managed by the customs administrations of the individual member states.
The Ministry of the Environment as the administrator of the carbon tariff in the Czech Republic is obliged not only to check the accuracy of reporting and compliance with the directive’s rules but also to ensure the transfer of data to the central register. The ministry will actively cooperate with the Customs Administration of the Czech Republic, which will ensure the registration of entities in the central register and will publish more detailed information on the registration procedure in the coming days.
After opening an account on the Trader portal, taxpayers will be able to get acquainted for the first time in detail with the CBAM report that they currently know only from EU manuals.