National Chamber to hold workshop on import procedures

Monday, 14 August 2017 00:08 - - {{hitsCtrl.values.hits}}

The National Chamber of Commerce will conduct a one-day workshop on imports procedures and documentation – with special attention on WTO Goods Valuation Agreement, WTO Trade Facilitation Agreement (TFA) and Goods Classification & Harmonised System. The workshop will be held on Thursday 24 August 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. It also provides a good overview necessary for senior managers who have to delegate responsibility.

Contents:

1.Introduction to Imports/International Trading

2.Imports Planning/Restrictions

3.Determining Imports Requirements

4.Sales Contract/ Terms of Sale

5.Incoterms – Purpose and Scope

6.Payment Terms with regard to Imports – Agreement of Payment Terms – Letter of Credit and Document Collections) on import payment

7.Customs Imports Procedures and Documentation

i.Classification of Imports Documents

ii.Clearance of Commercial Cargo through Customs – Sea Cargo and Air Cargo

iii.Clearance of Gift Parcels, Unaccompanied Passengers Baggage, Samples through Customs/ Free Trade Agreements

iv.11. WTO Goods Valuation Agreement

12. WTO Trade Facilitation Agreement (TFA)

13. Goods Classification and Harmonised Systems

14. Proof of Country of Origin

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. The Resource person will be T. Raviendrarajah, 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 Nirmani [email protected].