Is your business ready for a Customs Audit?
Whether you're a first-timer facing an audit or a seasoned compliance manager needing a refresher, our masterclass series will equip you with the knowledge and tools needed to navigate audits with confidence.
Event Description:
In this session of the Compliance Foundations series, participants will delve into the customs compliance implications of Incoterms. Incoterms affect more than contracts and purchasing; they can also impact import values and VAT ratings for exports. Join our episode on Incoterms implications for your business’s customs compliance.
Why Attend:
Gain insight into the audit implications associated with Incoterms.
Understand the requirements for declaring Incoterms in CDS.
Learn about the implications of Incoterms on import values and VAT ratings.
Understand the liability associated with different Incoterms at export and import.
Key Topics Covered:
Audit Implications: Identifying common red flags related to Incoterms.
Understanding the requirements for declaring Incoterms in the Customs Declaration Service (CDS).
Understanding who is liable and the implications of different Incoterms on compliance and ability to claim VAT zero-rating.
Understanding how Incoterms can impact import values for duty and VAT, and statistical value exports.
This event is tailored for:
Compliance Teams
Individuals in companies involved in importing and exporting activities
Buyers and Procurement Teams
Customs Agents and Customs Brokers
Anyone anticipating a customs audit
Event Format:
Delivered live, online
Interactive session with opportunities for Q&A
Cost:
£49 + VAT per attendee