Import Procedure Training - A Practical Guide to Importing

30 Jan 2020 09:30 - 16:30

Location
Black Country Chamber of Commerce
Creative Industries Centre
University of Wolverhampton Science Park
Glaisher Drive
West Midlands
WV10 9TG

Cost
Members: £225.00
Non members: £275.00

Contents:
 
  • Factors to be considered to ensure successful importing
 
  • The vital sources of information an importer must use
 
  • Record keeping and administration
 
  • Placing the import order – “getting it right –right from the start”
 
  • The import licence and other legal considerations
 
  • The importance of the commodity code – a study
 
  • Building up the final import price and ensuring all costs are covered
 
  • An overview of the methods of payment and when they would be required
 
  • The import route (the seven steps)
 
  • Incoterms 2010 and its impact upon importers
 
  • Dealing with forwarders and calculating freight charges
 
  • Cargo Insurance considerations
 
  • Documentary content – what the terms mean
 
  • The common import documents – with examples
 
  • Customs’ clearance procedures
 
  • Paying duties and VAT – including calculating charges
 
  • Suspension and relief from duties and VAT
 
  • The impact of the Uniform Customs’ Code – and AEO Status
 
  • How importers can benefit from temporary import procedures - Customs’ warehousing, Inward Processing relief and other temporary reliefs.
  • Keeping statistical records

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