Advanced guide to customs procedures

Scheduled Dates (sort by: location | date)

Audience

Everyone who has any connection with international trade either at import or export will benefit. The following are examples of the type of company personnel who need to keep up-to-date:

• Managers responsible for customs control and compliance
• Financial directors and managers
• Export project managers and administrators
• Import administrators and managers responsible for controlling customs declaration
• All involved in the day-to-day activity of export, import or issuing reports to Customs
• All staff involved in the control of imports including purchasing, material managers, import managers and administrators
• Quality/procedural managers who must ensure compliance and audit trails in these procedures
• Delegates who have previously attended the Essential Guide to Customs Procedures

Skills Gained

Attending this seminar will help you:

• Maintain an acceptable high standard of compliance with import and export legislation and face customs audits with confidence!
• Write internal procedures relating to import/export activities and introduce internal auditing procedures!
• Understand and prepare for the new Customs procedures with the aim of increasing control and improve cash flow
• Be certain you are up-to-date and know quickly where to go for further information on key topic areas!
• Ensure that good compliance will keep your company away from the penalties of the law and help you understand that time means money
• Ensure that Customs declarations are accurate and compliant with UK/EC law
• Know the changes now so saving valuable working time spent on trying to find out why something is different

Course Outline

Introduction and aims of the day

Summary of the topics

• Where the key topics fit into the import/export procedures
• Review of the paperwork required, eg import/export declaration
• HMRC Integrated Tariff of the United Kingdom

Valuation issues

• Introduction to GATT Valuation rules
• Valuation at export - who is responsible
• Commercial samples
• Transfer pricing issues
• Valuation at import - what can be left out for duty purposes
• Costs that must be included at the time of import
• VAT valuation - why is it different
• Valuation Declaration and Valuation Audits

Classification of Goods

• The HS Coding System - how it works in the EU and worldwide
• Information linked to the Commodity Code numbers
• The General Intrepretative Rules (GIRs)
• Special products areas reviewed, eg textiles, clothing, software, computers, leather goods, ceramics, etc
• Guidance available from HMRC
• Binding Tariff Information rulings - what has happened in the EU

Preferential Trade Agreements

• Difference between origin and preference
• The rules for establishing preferential origin
• Preference at export
• Preference at import
• Supplier's declarations, worksheets and guidance notes

Special regimes

• Control of Customs Procedure Codes (CPC)
• Inward Processing Relief (IPR)
• Outward Processing Relief (OPR)
• End-use controls
• Warehousing

Summary: A look into the future

• SAD harmonisation
• Review of changes coming in with the re-write of the Customs code
• Authorised Economic Operator Status

Advanced guide to customs procedures / CM025782