In a press release published on January 29, 2024, the European Commission acknowledged experiencing technical issues related to the EU Carbon Border Adjustment Mechanism (CBAM) Transitional Registry and Import Control System 2 (ICS2). These issues are causing difficulties for reporting declarants in filing their quarterly CBAM report.
In response to the technical difficulties the European Commission:
- Will add new functionality on February 1, 2024, allowing reporting declarants to “request delayed submission” which grants an additional 20 days to submit the CBAM reports, and
- Will not impose penalties on reporting declarants who have experienced difficulties in submitting their CBAM report.
The European Commission press release can be found here:
https://taxation-customs.ec.europa.eu/news/technical-issues-related-cbam-transitional-registry-and-import-control-system-2-ics2-2024-01-29_en