This course is suitable for all levels, and for importers and exporters as well as their service-providers. It runs from 09h00 to 16h00 with a short break for lunch and refreshments, and it addresses the responsibilities and complexities of Customs compliance though the standard statutory document used for both import and export declaration.
The best way to understand any type of industry is to look at the dominant forms used. The SAD500 is the dominant statuary form in both Europe and Africa. While other countries and areas may have different forms, the same information as reflected on the SAD500 needs to be declared for proper control of taxes, currencies and cargo around the world.
Delegates are encouraged to bring a sample of their own documents, including an SAD500, for their personal use in the class. As an interactive event, using real case-studies, participants will have ample opportunity to ask questions and to make notes.
The highlights of the course include;
A section-by-section reading of the SAD500;
The companies recorded on the SAD500 – who they are and why they are there;
The financial information in the various sections of the form;
The cargo descriptions and Customs Commodity Codes – the harmonized system that standardizes trade;
The difference between the Customs values and Transaction values – where they differ and how they relate;
Import VAT and calculating the basis for valuation;
How to spot (and avoid) the most common mistakes made.
The suitable delegate does not need to have a strong understanding of Export or Import Trade, as everything will be well explained with supporting documents.
The course fees include an SAD500 manual as part of an electronic copy of all the presentation material.
Course costs include lunch and a certificate of attendance.
About you facilitator – Jim Merrington
Jim Merrington is a well-known presenter and speaker in the freight and logistics industry, bringing over 40-years’ experience to his material.
Originally a lecturer for the Maritime Institute in Cape Town, Jim went on to found the School of Shipping there, before opening Export and Import Training (EXIT) in Johannesburg.
With a specific emphasis on Customs compliance Jim presents and consults on a wide-range of trade-related topics both for EXIT, and as a guest-speaker for other service-providers to the International Trade industry.
Jim is a TETA Accredited Assessor – TETA-ASSR04-159