Understanding commodity codes is vital to internationally trading businesses.
Commodity codes are used worldwide to determine the customs duty and other charges levied on the goods when importing and exporting. They also determine any preferential treatments or restrictions and prohibitions that may apply to the goods and are used for monitoring trade volumes and applying international trade measures.
This virtual half-day course will provide an insight into what commodity codes are and how getting them wrong can have a big impact on your business.
By attending this course, we will ensure you:
This course looks at the procedures required to deal with customs.
It is vitally important that importers and exporters understand the information required to be submitted.
The misuse of these terms can lead to delays, penalties, problems with payment and more. This half day seminar will explain Incoterms® and their importance in international trade contracts.
Logistics for Traders: Importance, Role and Benefits. This session will look at how logistics is a critical component within the supply chain but is often overlooked.
The course will cover special procedures and the benefits of using IP and OP in your compliance.
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