CustomsClear
Prices
|
CustomsClear
+370 664 26393info@customsclear.net

Company

  • About company
  • Team members
  • Authors
  • Terms of use
  • Privacy policy

Knowledge platform

  • About the platform
  • Articles
  • Journal
  • Videos
  • Courses
  • Events
  • Platform news
  • Glossary

AI assistants

  • Start free trial
  • Explore assistants
  • Classify AI
  • Smart Taric AI
  • Sanctions AI
  • News agent
  • Learning companion
  • About CustomsClear AI

Newsletter

Subscribe for the latest news, top reads, and handy resources

LinkedInFacebookYouTubeX

© 2026 CC Learning, UAB, All rights reserved.

Cookie preferences

We use essential cookies to ensure our website functions properly. We would also like to use analytics cookies to help us understand how visitors interact with our website, enabling us to improve your experience.

Until you choose, and if you decline, Google gets only basic visit information without cookies, so we can still count visits.

  1. Home
  2. Articles

Rising interest on duties: increasing costs of errors in customs declarations

Jurgita Bartninkienė
Head of Customs Brokerage and Customer Service, First Logistics UAB, Lithuania
Published 04 Jun 2023
Rising interest on duties: increasing costs of errors in customs declarations
Adobe Stock
Explainer
Those who pay their mortgages have become accustomed to paying higher interest rates. However, this applies not only to mortgages, but also to other interest and late payment charges that we may not think about in practice. For example, increased interest on customs duties, which are additionally charged by customs authorities when discrepancies are found after customs clearance.

Member access

Register on the platform and enjoy complimentary access to an article of your choice!

The article is available exclusively to our members.

Members have access to all videos, articles and online events! See membership plans

Already have an account?

Related content

One court case - two lessons: tariff quotas, invalidation of a customs declaration and potential risks

One court case - two lessons: tariff quotas, invalidation of a customs declaration and potential risks

Jurgita Stanienė
Jurgita Stanienė
18 Dec 2022

Tariff quotas mean less or no duty when importing goods. Most tariff quotas are allocated on a first come, first served basis; therefore, the timing of lodging a customs declaration…

Procedures
Duties & taxes
Case law
Place of origin of import VAT obligation (temporary admission)

Place of origin of import VAT obligation (temporary admission)

Evelina Šliogerė
Evelina Šliogerė
29 May 2021

Place of origin of import VAT obligation - the final destination of the goods entering the territory of the Union or entering the economic circulation of the Union? This question…

Procedures
Duties & taxes
Case law
CJEU: claiming the wrong tariff quota does not justify double duties

CJEU: claiming the wrong tariff quota does not justify double duties

Editorial Board
Editorial Board
23 Jul 2026

What happens if an importer claims the wrong tariff quota? Can customs charge both safeguard and anti-dumping duties on the same shipment because of it? A seemingly minor procedural error…

Duties & taxes
News in focus
View glossary entry

Trade defence instruments (TDI): anti-dumping, anti-subsidy and safeguard measures

20 Sep 2026

You calculate with a 6.5% customs duty. At import, a 39.7% anti-dumping duty is added. The duty was set for Chinese goods, yours are declared as Malaysian - and it…

Duties & taxes
Exemption from import VAT under the "Customs Procedure 42"

Exemption from import VAT under the "Customs Procedure 42"

Monika Bielskienė
Monika Bielskienė
30 Sep 2021

Procedures
Duties & taxes
View glossary entry

Non-manipulation certificate: the proof of direct transport that protects your preference

16 Aug 2026

What a non-manipulation certificate is, the direct-transport rule behind it, who issues it, how the EU procedure works, and its new role for US imports.

Duties & taxes
Customs Compliance & Risk Management, Issue 21, June / July 2023
Jurgita Bartninkienė
Procedures
Duties & taxes
Sanctions AI
Classify AI
Smart Taric AI