National Chamber workshop on import procedures and documentation

Thursday, 17 January 2019 01:04 - - {{hitsCtrl.values.hits}}

A full-day workshop on import procedures and documentation will be held on Thursday, 31 January 2019 from 8:30 a.m. to 4:30 p.m. at the National 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: Introduction to Imports, Imports Planning, Determining Imports Requirements; Introduction to International Trading, Sales Contract, Imports Restrictions, Terms of Sale; Incoterms – Purpose and Scope, Payment Terms with regard to Imports; Agreement of Payment Terms: a review of the impact of each type (including Letter of Credit and Document Collections) on import payment; Customs Imports Procedures and Documentation; Classification of Imports Documents; Clearance of Commercial Cargo through Customs – Sea Cargo and Air Cargo; Free Trade Agreements; WTO Goods Valuation Agreement, WTO Trade Facilitation Agreement (TFA) and Goods Classification and Harmonised Systems.

A question and answer session will follow. A valuable certificate will be issued to each participant at the end of the session.

Participants will have 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 T. Raviendrarajah, Director of Customs, Sri Lanka Customs who has over 35 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 011-4741788: Dilrukshi: [email protected]/Nirmani: [email protected].