Customs & Formalities of Import Export Shipments

Learning the customs and formalities of import and export shipments can be complex and time-consuming, as it involves understanding various regulations and laws that vary depending on the country and type of goods being shipped. However, with the right resources and guidance, it is possible to learn and navigate the process successfully. 

In international trade of importing and exporting, one of the crucial barrier is customs clearance. Based on the respective customs rulings, shipment could be on hold due to certain customs non compliance. Familiarising the customs rulings on classification and valuation, would mitigate this constraints. Gain the skills required to navigate the complex process of exporting and importing goods.

Training Asia offers a wide range of HRD Corp Claimable courses related to customs and export/import which benefits both businesses and professionals:

• Improved compliance: By understanding the requirements for importing and exporting goods, businesses can ensure that their shipments are compliant with the relevant laws and regulations. This can help avoid delays and potential fines due to non-compliance.
• Reduced shipping costs: Properly declaring and classifying goods can help businesses avoid unnecessary customs duties and taxes, which can significantly reduce the overall cost of shipping goods internationally.
• Faster processing times: Understanding the customs process and how to properly document shipments can help expedite the clearance process, allowing businesses to get their goods to market more quickly.
• Increased competitiveness: A thorough understanding of customs regulations and procedures can give businesses an edge over their competitors, allowing them to move goods more efficiently and effectively.

Learning Objectives
Upon completion of this program, participants will acquire these:

• Familiarising the procedures and documentation flow
• Explaining the terms of sales payment delivery and title
• Understanding the customs requirements and formalities

Who Should Attend

• This course is suitable for Managers, Department Head, Finance Personnel, Procurement Officers, Sales & Marketing Personnel.

Methodology

• Brain-friendly/Interactive Lectures
• Case Studies
• Interactive and Engaging Learning
• Group Discussions

Key Contents

• Module 1: Import Export Shipment Documentation, Formalities And Procedures
• Module 2: The Applications And Implications Of Incoterms In Import Exports
• Module 3: Trade Payment Of Documentary Credit (l/c) And Documentary Collection (s/d)
• Module 4: Customs Documentation And Procedures In Inward & Outward Declaration