In this learning unit we will study what the customs are and their functions.   We will also analyse various customs procedures and how to pay customs duties.  The role of the customs agent, classification of goods and many other customs-related issues will be discussed.

In this unit you will:
-  Learn about the various Customs procedures in International Trade.
This will be achieved by:
- Outlining what customs are, the customs procedure and the functions of customs.
- Learning about customs valuation and the classification of goods with particular attention to the harmonized system.
- Learning the role and functions of the customs agent.

Completing this course will confer 5 CPD Credits towards internationally recognised Continuous Professional Development Requirements within organisations operating this kind of staff development methodology.

Course Outline

1. INTRODUCTION

1.1 What are the Customs?

1.2 What are the Functions of the Customs?

1.3 Economic Customs Procedures

1.4 Customs Pre-Alert

1.5 Customs Procedure

1.6 Customs Treatment or Use of Goods

1.7 Summary Declaration

1.8 Temporary Storage

1.9 Customs Treatment or Use of Goods

1.10 Customs Procedures

1.11 Customs Unions

1.12 Generalized System of Preferences

1.13 Trade Embargos

2. ORIGIN OF GOODS

2.1 Customs Status of Goods

3. CUSTOMS VALUATION

4. CLASSIFICATION OF GOODS

4.1 Customs Valuation of Imported Goods

4.2 Valuation Methods

4.3 Foreign Currency Exchange

4.4 Technical Barriers

4.5 Harmonized System

4.6 Combined Nomenclature of the EU

4.7 TARIC of the EU

4.8 TARIC

4.9 Binding Tariff Information (BTI) and Rulings (BTR)

4.10 Trade Policy

5. CUSTOMS AGENT

5.1 Customs Agent

5.2 Export Clearance

5.3 Payment of Expenses (Import or Export)

5.4 Other Charges

5.5 Single Administrative Document (SAD)

Further Reading

1- EU Community Customs Code

2- WCO-UPU Postal Customs Guide

3- Customs Manual India

4- NAFTA Customs Guide

5- Importing into the USA

Forum Assignment