European Commission announces 1-month extension for CBAM declarants facing reporting difficulties

A significant number of EU CBAM declarants have experienced difficulties in submitting their first report due to technical issues related to the CBAM Transitional Registry and Import Control System 2 (ICS2).

In response, the European Commission has announced it will provide a new functionality on 1 February 2024 on the CBAM Transitional Registry, which will allow declarants to “request delayed submission”, giving an additional 30 days to submit their CBAM report.

Declarants who have not experienced technical difficulties must continue to abide by the deadline, remembering that the first three CBAM reports can be modified and corrected until 31 July 2024.

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Will declarants be fined for missing the 31 January CBAM deadline?

In accordance with the guidance provided to National Competent Authorities (NCAs), the European Commission has confirmed that no penalties will be imposed on reporting declarants who have experienced difficulties in submitting their first CBAM report.

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