One-day workshop to be held on latest import procedures

Wednesday, 4 March 2020 01:43 - - {{hitsCtrl.values.hits}}

The National Chamber of Commerce will conduct a one-day workshop on import procedures and documentation on 5 March from 8.30 a.m. to 4.30 p.m at the chamber auditorium at No. 450 D.R. Wijewardena Mawatha, Colombo 10.

The workshop is designed for those who are involved in overseas importing, buying and sourcing. It provides an overview of the principles involved in successful importing, tips on how to avoid problems and ensure the smooth running of contracts profitably.

Some of the subjects that will be discussed include an Introduction to Imports, Imports Planning, Determining Import Requirements, Introduction to International Business, Sales Contracts, Import Restrictions, Terms of Sale, Incoterms – Purpose and Scope, Payment Terms with regard to Imports, Customs Import procedures and documentation, WTO Goods Valuation Agreement, WTO Trade Facilitation Agreement (TFA) and Proof of Country of Origin.

The resource people at the event will be former Sri Lanka Customs Director T. Raviendrarajah, who has over 37 years of experience at Sri Lanka Customs in various departments.

Participants will get an understanding on how to seek quotations and place orders efficiently, ensure correct documentation for Customs clearance into Sri Lanka, including VAT compliance, and complete costing.

It will be beneficial for those involved in sourcing goods from overseas, including sales, purchasing, production and accounts staff. It also provides a good overview necessary for senior managers who have to delegate responsibility.

The participant pack includes course handouts and a certificate. Lunch and refreshments will be provided. For reservations, kindly contact the Chamber by calling 4741788 and speaking with Dilrukshi or Nirmani or emailing [email protected] or [email protected].