This course will consider the basic procedures, terminology and documentation involved in importing. It will give an overview of the entire importing process including supplier selection, evaluation of risks, supply chain, terms of delivery, methods of payment, selection of clearing agent, duty and excise and the role of UK customs.
The course will explore:
CPC Codes – A brief explanation of what they are
SAD C88 Form – An overview
CHIEF and the new CDS system
Checking Customs Entries
Being prepared for HMRC audits
Import Duties and VAT
Import Landed Cost Calculation
Valuation Methods for Imports
Tariff codes
The Harmonised System
Duty Relief Schemes
Customs Warehousing
Inward Processing Relief
Who should attend? This course is suitable for companies new to importing as well as experienced companies who may want to refresh and update their knowledge. The course is especially beneficial for people working in Customer Services, Shipping, Purchasing, Accounts and Finance, Import Administration, Logistics, Production Planning, Technical Support, Quality and Standards. Repairs and Distribution.
Key information
Course duration: 2 hours and 30 minutes
Member price: £100+VAT
Non-member price: £150+VAT
Certificate of Completion: on completion of your course you will earn a digital certificate.