This Customs Declaration Services (CDS) Course covers all the key areas that a new importer/exporter needs to know. It gives an overview of country of origin, Incoterms and what you need to keep as proof of export for potential audits.
This Coventry Academy training course helps to improve the ability to identify and respond to risks of international trade and taxation. It explains any cost implications, so attendees understand why costs are applied to certain documents and processes, and how to potentially allocate these costs to maintain profit. This course helps an individual to spend wisely.
This training course will feature:
Step by step guidance in completing forms
Real-world examples of mistakes, complacency and fraud
Export declaration practice
Import declaration practice
Penalties you can be liable for and how to avoid them
What are the goals?
By the end of this training course, participants will be able to:
Understand how to compile a basic import / export entry
Identify the need for customs declarations
Know where to seek additional information
Understand how to compile a basic import / export entry
Know what additional training and / or resources they may need in order to increase their knowledge
Feel more confident in your level of knowledge
Who is this training course for?
This Customs Declaration Services (CDS) Course is designed for people who are joining exporting and experienced business people who may need to keep up with industry updates.
It is suitable to a wide range of professionals but will greatly benefit:
Logistics officers, Technical Support Distribution
Legal professionals
Shipping and Purchasing Staff
Accounts and Finance and Export / Import Administration
How will this training course be presented?
This Coventry Academy training course will use a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the materials presented. The course will be lively and interactive and will include tests and exercises, role plays, case studies, practice sessions, group discussions and presentations and Q&A.
Participants will receive personal feedback on their performance. The learning experience will be supported by manual containing model documents and templates.
Course Outline
Day One: Customs Classification Definitions
Pre-test
Introduction to Trade
The Need for Customs Declarations
Business Responsibilities
Basic Import / Export Entry Procedures
Day Two: Export Process
Overview of How the Process Works and Required Information from Exporters
Country of Origin
Tariff Codes - HS / CN / TARIC - Overview
Overview of Documents and Why We Have Them - Proof of Export
Commercial Invoice, Packing List, Airway Bill, Bill of Lading & CMR Notes - Content and Example
Day Three: Exporter Responsibilities
Export Packing / Volume Calculations - Activity
FCL v LCL for Competitiveness
Explanation of Volume versus Weight for Shipping
Incoterms – A review of each term, their application and issues to be aware of
Using Incoterms as Incentives
Day Four: Valuation – Explanation of the Main Methods and their Application
The Transaction Value Method
The Transaction Value of Identical/Similar Goods
The Deductive Method (price per unit)
The Computed Method
The Fallback Method (available data)
Day Five: Using Customs Procedure Codes – Use of Appropriate CPCs
Export and Import Controls
Reliefs
Preferences
Customs Simplified Procedures – Explanation of Procedures and Benefits
Post Test
The certificate
Coventry Academy Certificate of Attendance will be provided to delegates who attend and complete the course