Customs Compliance, Procedures and Documentation
October 10 @ 9:30 am - 4:00 pm
Location: Hull & Humber Chamber of Commerce
This one day course is designed to increase understanding of customs procedures for both imports and exports. It will consider the impact of the latest UK Customs Procedures as they have evolved under the Union Customs Code and will explain in detail your obligations and responsibilities to HMRC. It will outline the duties and taxes currently payable on entry of goods into the UK and the bases of calculation, and also the need to produce a proof of removal for VAT reconciliation.
The course will also briefly consider some of the duty relief regimes currently available. International traders must be aware of the need for accurate customs entries and we will look at the critical information required including Commodity, Tariff and Customs Procedures Codes.
The role of HMRC
Intra EC Trade (subject to Brexit outcomes)
Duties and VAT
Duty Relief Regimes
Export and Import Declaration Entries
Classification of Goods
Customs Procedures Codes
Rules of Origin and Preferential Trade
Managing the Customs Process
COURSE OUTCOME: Delegates will understand the Customs import and export procedures and documentation required to ensure that import and export movements are as cost effective and frictionless as possible. It will help identify possible cost savings, including whatever Brexit may bring.
WHO SHOULD ATTEND? Anybody involved in the import or export process should attend. It is suitable for those new to import and export and those wanting to update their knowledge.