What will I learn?
This course provides an overview of the Special Procedures available to importers in the UK. Special procedures are powerful customs tools that allow the deferment or removal of duties and VAT and so can help to manage the cost when importing. The course will allow you to identify the right options for your business, stay compliant with HMRC and reduce costs.
Specifically, we cover:
- What are the Special Procedures?
- Information required for special procedures:
- Commodity Codes
- Origin
- Procedure Code
- Inward Processing
- How to use IP effectively
- The benefits of using IP
- Staying compliant when using IP
- Outward Processing
- How to use OP effectively
- The benefits of using OP
- Staying compliant when using IP
- Other special procedures
- Temporary Admission
- Customs warehousing
- Authorised Use
- Application requirements
How will I learn?
This is an interactive course designed to help importers use special procedures effectively. Practical examples and discussion will help you understand how these procedures apply to your business and what steps you may need to take to remain compliant.
