Increasing scrutiny of origin of goods by customs officials worldwide in conjunction with new UK statutory legislation clearly demonstrates the importance of origin in global trade. This is a complex area, and yet many businesses still fail to appreciate the significance of declarations they are making and the associated legal implications.
What is the origin of the goods you declare on your commercial invoices? Do you issue certificates of origin to your customers or submit invoice declarations and EUR1’s? These documents relate to preference and non-preference origin– but do you understand the terminology and the difference between the two?
It is essential that you understand how to use rules of origin and the evidence that you are required to hold within the business to satisfy an HMRC audit. The cost of non-compliance can be high, for both you and your customers, and may also result in penalties from HMRC and challenges by overseas customs authorities.
Overview
• World Customs Organisation
• The significance of origin
• Key terminology
• Non preference origin
• Trade agreements and preference origin
• Economic nationality rules explained
• Origin documentation
• Cumulation
• Impact of UK-EU separation on global Trade Agreements
• Where to find the rules
• Essential compliance checklist
Outcome
This full day course puts origin into context on the world stage. Delegates will learn the difference between preference and non-preference documents, explore rules of origin and how these should be applied, along with the requisite proof that is required for HMRC should they choose to audit.
This course is suitable for sales, logistics, production, finance and purchasing staff who need to understand how their respective roles impact on each other and potentially the compliance of the company.
Becky Stark has been an accredited member of the Institute of Export for twenty years and runs her own business, Stark Export Focus, delivering international trade support, advice and training to companies across the UK. Becky has extensive experience of delivering training for the DIT and British Chambers of Commerce, offering accredited and independent public and in-house courses which encompass both the practical and strategic aspects of international trade. She takes great pride in her interactive delivery style, the rapport she develops with delegates and the high levels of customer satisfaction.
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