General Importing Issues - A brief economic background to imports and exports - primary and econdary imports - import controls - The Role of HM Revenue and Customs - preferential trading agreements.
Supplier and Product - Indirect and direct importing - Quality issues - The importing fundamentals-type of supplier - moral and ethical considerations - sources of help - product risk - instructing the supplier.
The role of freight forwarders and clearing agents - Shipping agents and airline forwarders - how do they cost for carriage - what is an 'agent' - direct and indirect contracting - the role of clearing agents
Exercise - Risk Evaluation
The Terms of Delivery - Description of terms - discussion of advantages and disadvantages of each term
Cargo Insurance - Forwarders cover - open cover
Documentation - The importance of controlling documentation - Types of documentation - rules for completion - examples - electronic documentation - storage and retention
International Payments - Payment options for importers - Documentary Credits - Documentary requirements - Bills of Exchange and drafts - Documentary Collections
The Role of Customs - Authorised Economic Operators - The Integrated Tariff - customs procedures - classification and commodity codes - customs procedure codes
The Origin Question - Where do goods originate - why is it important - how to establish origination - preferential trading - origin documentation
European Community Trading - Free Circulation - Community Transit - Intrastat Procedures
Licensing and Quotas - Why do we need licenses - The licensing bodies - quotas and community ceilings
Import Declarations - The sequence of events - Declaration options - Customs Freight Simplified Procedures - Declaration documents
Duties - Calculation of duty and VAT - Anti Dumping Duty - Suspension and Deferment of duty - duty management
Duty Relief Regimes - Inward processing Relief - Outward Processing Relief - Customs Warehousing