Workshop on import procedures

Tuesday, 25 February 2014 00:22 -     - {{hitsCtrl.values.hits}}

The National Chamber of Commerce will conduct a one-day workshop on ‘Import Procedures & Documentation’ on Saturday 1 March from 8:30 a.m. to 4:30 p.m. at the chamber auditorium No. 450 D. R Wijewardene Mw, Colombo 10. The workshop is designed for those who are involved in importing, buying and sourcing from overseas. It provides an overview of the principles involved in successful importing, tips on how to avoid problems and ensure smooth running of contracts, profitably. Subjects that would be touched on are: necessary import administration steps, Customs clearance at import; how duty and other levies are calculated and a study of the important clearance documents and costing; temporary import schemes in operation – including duty rebate scheme, temporary import for export processing schemes – bonds procedures and warehousing; payment terms with regard to imports – a review of the impact of each type (inc L/Cs and document collections) on import payments; Incoterms 2000; regulations pertaining to imports and issuance of licenses for imports – trade policy and role of the import/export controller; typical import steps and import order administration; tariff and commodity codes and modes of transport. Participants will have a an understanding of the necessary skills to ensure due diligence, seek quotations and place orders efficiently, ensure correct documentation for customs clearance into Sri Lanka including VAT compliance and complete costing to ensure profitable trading. 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 resource person will be J.A.D.A. Perera, Deputy Director of Customs, Sri Lanka Customs who has over 30 years of experience at Sri Lanka Customs in various departments. Participant pack includes course handouts and certificate. Lunch and refreshments will be provided. For further details kindly contact chamber TP 4741788 Buddika/Dilrukshi [email protected].