Customs Declarations focusing on Import Compliance and Savings

The purpose of the course:
Completing Customs Declarations for exports can be a challenge, join us to 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.

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 structure of the tariff and comprehend how vital it is to accurately classify your goods. You’ll learn about Customs Procedure Codes, and the rules of valuation and 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, IP (Inward Processing), OP (Outward Processing) and RGR (Returned Goods Relief), end use, customs warehousing, ATA Carnets etc. Discover about AEO (Authorised Economic Operator) and how becoming an AEO can provide benefits to your business. Be aware of the new customs computer; Customs Declaration Service (CDS). We shall discuss Brexit, and how that may impact on your international trade.

Benefits for your organisation:
This comprehensive course provides a clear explanation of import practices and terminology as they relate to the UK company in the role of buyer, and most especially how to complete a Customs Declaration for import. We can also discuss the more complex scenarios, where there is more parties in the chain, where goods may be moving from or to locations other than that of the seller and buyer. We will also consider how Brexit and CDS may affect your current procedures and practices.

Who is this course for?
Those personnel involved with imports, whether in departments of accounts, purchasing, or shipping. 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 an international company, or are a small sole proprietor, these changes will affect you and your trade, and could help save you money.

Topics covered:
• Customs Declarations for import
• Import Customs clearance entry declarations
• Tariff and classification, commodity codes and CPC codes
• Payment of duty and import VAT
• Duty reduction due to preference origin
• Duty increase due to anti-dumping
• ATA Carnets, IP, OP, RGR, end use, customs warehousing
• Essential record keeping
• Transitional simplified procedures – Authorised Economic Operator (AEO)
• Customs Declaration Service (CDS)
• Brexit – Customs Law, the Union Customs Code (UCC)
By the end of the course, delegates will be able to understand how to complete a Customs Declaration for export and trade internationally with more confidence and awareness.
Communicate meaningfully with suppliers, carriers and freight forwarders/ clearing agents. Understand the overall procedures, practices and terminology common in international transactions. Know how to read your import entries to ensure you will pass Customs Compliance Audits and be more aware of the changes on the horizon; Brexit, CDS.

 

HMRC have extended the deadline for customs training funding until 31 January 2021.
Make sure you are prepared and get grant funding to cover your training costs
whilst it is still available.
The funding will give you up to 100% of the cost of training for your employees,
up to a limit of £2,250 per trainee.

Apply at https://www.customsintermediarygrant.co.uk/

 

How to book

To book your place(s) please contact Rose Griffiths on 01223 209817 or email r.griffiths@cambscci.co.uk including your company name, all delegate names and job titles, and a contact telephone number. Payment for the course is required at the time of booking.

Address

Cambridgeshire Chambers of Commerce Clifford House, 2 Station Yard Oakington, Cambridge CB24 3AH

Event information

Date

24/03/2020

Time

9.15am - 5.00pm

Venue

Cambridgeshire Chambers of Commerce

Event co-ordinator

r.griffiths@cambscci.co.uk

Pricing (Excl. VAT)

Member £300.00
Non-member £450.00

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