Understanding HS Codes and Tariff Code Determination

Understanding HS Codes and tariff code determination for the sake of customs declaration.
Tariff code determination for the sake of customs declaration. 

This course covers:

  • A basic understanding of the Harmonized Commodity Description and Coding System on an international and South African level.
  • Insight into the South African Tariff Book, its content and structure.
  • Interpreting a commodity based on its HS Code. 
  • The steps of HS Code determination for the sake of correctly declaring goods.
  • Applying the General Rules of Interpretation written by the World Customs Organisation.

Included in the course:

  • A real life tariff code determination process.
  • Real classroom footage of training by an industry expert. 
  • Excerpts from the tariff book and interpretation documents.
  • Resources and notes to download and use for the purpose of HS Code determination.
  • An online assessment consisting of 25 questions.

Duties, VAT and Excise on Imports and Exports

Understanding SARS import and export tax calculations, excise, trade agreements and warehousing.

This course covers:

  • How to do accurately calculate import tax
  • Accurately using the tariff book (Schedules 1-8)
  • How to determine the SARS value on which duty is charged (as opposed to the invoice value)
  • Using the SARS rate of exchange
  • How to legally prevent, reduce or delay duties and VAT
  • How to use trade agreement to increase cashflow
  • VAT on exports – when can it be legally zero-rated and when penalties may be charged
  • When and how to pay, not pay, or delay excise tax
  • And the new South African export duties

Included in the course:

  • Case studies of import tax calculations.
  • Real classroom footage of training by an industry expert.
  • Excerpts from the tariff book and interpretation documents.
  • Resources and notes to download and use for the purpose of calculations on future imports.
  • An online assessment consisting of 25 questions.

Duration: 

Course takes approximately 2 days to complete in one sitting. Sign-ups have access to all course material for 12 months and can access and complete at their own pace at any point during this time.