Designed for anyone involved in classifying goods whether for import, export or for EU trade statistics. We look at the background and structure of the tariff and explain how to classify goods correctly in line with the GIRs. Guidance on certain classes of goods but we cannot classify specific goods
It includes a brief look at the special provisions linked to commodity codes such as duty percentages, tariff suspension, preference and restrictions. During the day we will go through exercises on specific commodities and Chapters of the tariff, but the event is not for specific product classification.
- TRAINING OBJECTIVES: Looks at the regulations relating to tariff classification as an essential guide on how to read and understand the Tariff.
- INTRODUCTION: What is the Tariff, why is it important to international trade in general not only to duty rates
- CORRECT TARIFF CLASSIFICATION: What you need to know to ensure you are classifying goods correctly
- THE HARMONISED SYSTEM (HS): A review of the HS Coding System used internationally and how it support clarity when dealing with other countries. The standard format, structure and rules examined
- TARIFF SECTIONS EXPLAINED: How is the Tariff organised? The Sections, Chapters, Heading and Subheadings reviewed and their relevant explained
- GENERAL INTERPRETATIVE RULES (GIRS): The HS Rules for classifying goods explained – 6 GIRS, when and how do we use them?
- CLASSIFYING DIFFERENT ITEMS: Reviewing the different classification points between eg raw materials, semi-finished and finished products, kits, spare parts and mixtures.
- REVIEW OF CURRENT ISSUES: overview of current trends and recent rulings and the UK Global Tariff
- BINDING TARIFF INFORMATION RULINGS (BTI): Applying to HMRC for a Binding Ruling
- USING CLASSIFICATION REFERENCE MATERIAL: Where to find information and guidance. Using other sources of material including HMRC Guidance notes and international legal decisions
- AUDITS: How prepare for HMRC audits, what audits should I perform myself? When and how often are they?
- RECORD KEEPING: What information / documentation you should keep.
The course is fully updated to include all relevant customs procedures changes. Seminars include exercises and bullet point quizzes. Delegates receive a full, bound set of course notes, including a detailed glossary of terms. Note: we are not able to give specific classification advice during the training though but can discuss individual issues in a general way.
Virtual Learning Platform
Full day 10.00-15.30: next available dates are
DELEGATE FEE FOR VIRTUAL LEARNING FULL DAY SESSION
OneCall Members £170.00 + VAT —– Non-Members £240.00 + VAT