EU-CBAM-02 — CBAM penalty — late or incorrect declaration

EU Carbon Border Adjustment Mechanism (CBAM) penalty for late submission or incorrect embedded carbon calculation in the CBAM declaration. Financial penalty of EUR 10-50 per tonne of CO2 equivalent.

Resolution Steps

["Submit corrected CBAM declaration immediately","Engage CBAM compliance specialist","Obtain third-party verification of carbon data","Pay applicable penalty","Register as CBAM declarant if not already registered"]

Authority: EU Customs

Typical Delay: 30 days