Essex Chambers

Tel: 01206 765277 E-mail: enquiries@essexchambers.co.uk

A Foundation Course on Importing

CO1 1WD

5th November 2012, 08.45 - 17.00

Venue details:
Essex Chambers of Commerce
8/9 St Peters Court
Colchester
CO1 WD

Continuous Professional Development

This course is graded as entry level and would qualify for 10 Continuous Professional Development points. If required, the CPD certificate will be issued by the Institute of Export at an additional cost.

Seminar Description
The seminar will offer practical guidance on the latest procedures, terminology and documentation required for successful importing. It will highlight some of the pitfalls that often cause importers to incur unnecessary costs and delays in arrival of goods and suggest some ways of avoiding these. It will increase understanding of Customs rules and compliance procedures and look briefly at some of the duty reliefs available. The seminar will include a summary of the New Incoterms® 2010 Rules.

Duration

One Day

Training Methods

The trainer will use oral and visual presentations, reference to fictitious and real examples and participatory exercises to illustrate course content. The delegates will receive a copy of the presentation on which notes can be made together with a workbook for future reference.

Who should attend?

Those with responsibility for purchasing from abroad, inward freight, customer services, customs clearance and financial staff. The course content will be equally relevant to sole traders, personnel from large corporations and small medium size enterprises. It will be equally suitable for those with no prior experience and those who require updating with the latest information.

Topics covered

General Importing Issues - A brief economic background to imports and exports - primary and secondary imports - import controls - The Role of HM Revenue and Customs - preferential trading agreements

Supplier and Product - Indirect and direct importing - Quality issues-The importing fundamentals-type of supplier-moral and ethical considerations-sources of help-product risk-instructing the supplier

The role of freight forwarders and clearing agents- Shipping agents and airline forwarders - how do they cost for carriage - what is an "agent" - direct and indirect contracting - the role of clearing agents

Exercise - Risk Evaluation

Terms of Delivery - The New Incoterms® Rules 2010 - Description of rules - discussion of advantages and disadvantages of each rule

Cargo Insurance- Forwarders cover - open cover

Documentation- The importance of controlling documentation - Types of documentation - rules for completion -examples - electronic documentation - storage and retention

International Payments- Payment options for importers- Documentary Credits -Documentary requirements - Bills of Exchange and drafts - Documentary Collections

The Role of Customs- Authorised Economic Operators-The Integrated Tariff - customs procedures - classification and commodity codes - customs procedure codes

The Origin Question - Where do goods originate - why is it important - how to establish origination - preferential trading - origin documentation

European Community Trading - Free Circulation - Community Transit- Intrastat Procedures

Licensing and Quotas- Why do we need licenses - The licensing bodies - quotas and community ceilings

Import Declarations - The sequence of events - Declaration options - Customs Freight Simplified Procedures-Declaration documents

Duties - Calculation of duty and VAT -Anti Dumping Duty - Suspension and Deferment of duty - duty management

Duty Relief Regimes - Inward processing Relief - Outward Processing Relief - Customs Warehousing

Tutor: Peter Thompson

Time: Registration - 08:45, Start - 09:00, Finish - 17:00 (includes lunch).

Cost to attend: £270 for Members, £318 for Non-Members. All prices include VAT.

Payment methods:
By Cheque: payable to 'Essex Chambers of Commerce' and send to 8 -9, St. Peter's Court, Colchester, Essex. CO1 1WD
By Credit Card/Maestro: call the Accounts Dept on 01206-765277, give them your details and they will process the transaction

If you would like to book to attend this seminar, please complete the online booking form below

Your Details

Please let us know if you will be attending this event or not by completing the following form:

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Cancellation Policy

We reserve the right to charge the following cancellation fees:

We will provide a 75% refund for cancellation of places up to 14 days before the seminar takes place.
50% refund will be given for cancellations within 7-14 days and after that no refund will be given.
Delegates' names can be substituted at no extra costs.
Cancellation must be submitted in writing to the International Trade Manager at int-trade@essexchambers.co.uk

Please tick if you agree to the above cancellation policy.

For alternative methods of payment please call Rachael Hogg - 01206 363721

Please note - Non Members must pay in advance at their time of booking online using the 'pay now (online)' option on the booking section above.

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