Course Contents:
- Customs and international business
- Origin of Goods
- Customs Valuation
- Classification of Goods
- Customs Agents
- Customs procedures
- Importing into the European Union
Objectives.
The main objectives of this Learning Unit are to:
- Understand the role and functioning of customs.
- The services of a customs agent.
- Analyze different customs procedures, methods of goods classification and learn to complete the SAD document.
- Become familiar with import procedures in the European Union and
analyze the existing customs procedures
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Learning Unit Summary
In this Learning Unit we will study the functioning of the customs authorities,
customs procedures and the various duties imposed by these. In order to place goods under a certain customs procedure, it is necessary to establish their
country of destination and customs classification.
To classify goods means to assign them a classification code in accordance with the existing regulations. Customs duty is determined by the classification code and customs tariffs applied. On the basis of the Combined Nomenclature and customs duty, the European Union has established the Integrated Tariff of the Community (TARIC), which provides a further classification under the
Combined Nomenclature, which is necessary to determine goods subject to special treatment.
The Community Customs Code contains the general customs rules and procedures applicable in connection with trade between the EU and third countries. These procedures are called "customs procedures with economic impact", which can be as follows:
- Release for Free Circulation
- External / Internal Transit
- Customs Warehousing
- Processing under Customs Control
- Inward / Outward Processing
- Temporary Importation
- Export
Also, we are going to study the process of importing goods into the European Union. You will learn how to dispatch goods for free circulation and for consumption. We will also go through all the stages from the moment goods arrive at the port of entry till they are ready for sale. We will study the main customs procedures as well.
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