Check your interest on customs claims - Supply Management
Shoe company Wortmann won its case against the EU ©Bloomberg Finance/Getty Images
Shoe company Wortmann won its case against the EU ©Bloomberg Finance/Getty Images

Check your interest on customs claims

1 September 2017

A landmark ruling on EU customs charges could see companies reclaim thousands of euros of interest accrued on overpaid import and anti-dumping duties

The January 2017 judgment by the European Court of Justice in favour of German shoe designer Wortmann found that illegally imposed duties, and the interest paid, should be refunded.

As EU trade specialist Arnoud Willems from law firm Sidley Austin explains: “The judgment affects thousands of companies in the supply chain and all companies working with customs.” It could have a particular impact on firms with a high proportion of exports.

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