The purpose of the course:
Whether you import components for manufacture, or you purchase finished products to onward sell, or offer a repair / upgrade service, join us to understand the rules and intricacies of goods crossing borders. We’ll cover when Import Duties and Taxes are applicable and look at ways to reduce or even abolish these charges. Together we’ll view the Tariff and comprehend how vital it is to accurately classify your goods. Learn about Customs Procedure Codes, and the rules of valuation. Completing Customs Declarations for imports can be a challenge, we will help you understand what information is needed to be able to complete a Customs Declaration – whether you are considering doing this yourself – or using a Customs Intermediary / Freight Agent / Customs Broker. Understand how to read your Import Entries to ensure you will pass Customs Compliance Audits. We’ll consider different Customs Regimes, taking a brief look at the Customs Special Procedures such as IP (Inward Processing), OP (Outward Processing), Customs Warehousing, ATA Carnets etc. Discover about AEO (Authorised Economic Operator). Be aware of the challenges on the horizon during 2021, including the new customs computer for declarations – the Customs Declaration Service (CDS).
Benefits for your organisation:
Those personnel involved with Imports, whether in Departments of Accounts, Purchasing, or Shipping Departments. It also benefits Managers of Departments responsible for Company Policies, Practices, Administration, and Compliance. This one day course will appeal to those responsible for customs conformity, whether you are working for a International Company, or are a small sole Proprietor, these changes will affect you and your trade and could help save you money.
Topics Covered: Wednesday 15th September 2021
By the end of the course, delegates will be able to: