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Address
Phillips Export Training
PO Box 341
Waterlooville
PO7 9DL
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Click here to Email us
Telephone +44 (0) 2392 354 421
Fax +44 (0) 2392 354 421
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This course explains the importance of understanding how customs laws affect all importers and exporters. It also explains the role played by HM Revenue and Customs in safeguarding and collecting customs duties and how customs duties and import VAT are calculated to arrive at the amount due to Customs. The course explains what customs compliance is, why it matters and who is legally responsible for ensuring a business stays compliant with customs rules. Finally, it explains how to eliminiate, reduce or defer the payment of customs duties through customs duty planning.
Key Content
- Functions of HM Revenue & Customs from a customs duty perspective
- How information on international trade flows is collected inside and outside the EU with refrence to Intrastat and the SAD (C88).
- The key customs factors for importers and exporters - valuation, classification, origin and reliefs
- The Tariff
- Tariff classification of goods
- Customs valuation
- EUs free circulation
- Origin rules for importers and exporters and why they are important for business
- Major ways of avoiding paying duty - IPR, OPR, RGR, PCC, customs warehousing
- How to complete and check a SAD
- Managing agents; consequences of non-compliance and penalties
- Customs planning
Introduction of AEO status
Ideal for...
- Those who need to understand the role of Customs in international trade
- Those who want to learn how customs duty is calculated
- Those responsible for managing risk
- Those who want to take advantage of all possible duty reductions and reliefs
- Those who want a refresher and need to keep up to date
What is included?
- Course notes
- Refreshments
- Post course support
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