Global Certificate in Duty Calculation Frameworks
-- ViewingNowThe Global Certificate in Duty Calculation Frameworks is a comprehensive course designed to empower learners with the essential skills needed to excel in duty calculation and international trade compliance. This course is critical for professionals involved in import/export operations, logistics, or supply chain management, as it provides in-depth knowledge of various duty calculation methods and frameworks.
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โข Introduction to Duty Calculation Frameworks: Overview of international trade terminology, concepts, and principles.
โข Customs Valuation: Understanding the methods for calculating customs value, including the Transaction Value method and the Fallback methods.
โข Classification of Goods: Explanation of the Harmonized System (HS) and the classification of goods, including the General Rules of Interpretation (GRI).
โข Calculation of Tariffs and Taxes: Analysis of the different types of duties, taxes, and fees, as well as the factors that affect their calculation.
โข Free Trade Agreements (FTAs): Overview of FTAs, including their benefits, limitations, and eligibility criteria.
โข Duty Drawback and Refund Programs: Explanation of the process for claiming duty drawback and refunds, including documentation requirements and timeframes.
โข Automated Systems for Duty Calculation: Introduction to automated systems, such as ACE, for calculating and reporting duties.
โข Audit and Compliance: Overview of customs audits, including the documentation and information required, as well as best practices for maintaining compliance.
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