Wednesday, 13 October 2021 - 9:00am to 1:00pm
Inward Processing (IP) is used to obtain relief from customs duties and import VAT on goods that are imported from outside the UK for processing. The basic principle is to allow UK exporters to be more competitive by reducing their processing costs, Processes that are permitted under IP include manufacturing sorting and packing repair and refurbishment.
This half day training course will examine the principles and terminology of IP and some of the operations available within IP and will look briefly at Outward Processing.
• Conditions of using IP
• Operational Methodology
• What constitutes a ‘process’
• The customs declaration
• Options available within IP
• Bill of Discharge
• Outward Processing
All courses are funded by the Fife Economy Partnership in Partnership with Fife Chamber of Commerce therefore places FREE but are limited to one person per company. Numbers are limited and on a first come first served basis. Please contact Morag Durie to book this course at firstname.lastname@example.org
Places are limited to 1 person per company. This course will be delivered online via Microsoft Teams, you will need a PC with camera and microphone.
This event is part of a Programme of Workshops and Training being delivered as part of the Fife Economy Partnership in conjunction with Fife Council Economic Development, Fife Chamber of Commerce, Business Gateway Fife and Scottish Development International to support businesses accessing new markets.
Although this event is free to attend, an administrative fee of £10 will be applied when you cancel your booking three or less days prior to the event.