Imports for Beginners (IMP1)
A one-day course for those new to importing, designed to allow delegates to gain basic experience of the overall import process. This course focuses on the requirements of forwarders and intermediaries.
This course is designed for importers, forwarders and merchants who are new to importing.
Course Contents:
• Preparing for imports: the preparation process
• Terms of sale – Incoterms: cost and responsibility division
• Insurance: protecting your interests
• Transport documents and importing: controlling movements
• Basics of freight costing: paying for transportation
• Customs and imports: classification, terminology and CFSP
• Import Customs regimes: planning for Customs
• Duty and VAT calculation: calculating the tax expense
• Using Duty Deferment
• Self-assessment
0930 - 1630 hours
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