Customs Special Procedures

This course is designed to provide participants with a comprehensive understanding of Customs Special Procedures, focusing on the practical application and compliance aspects of procedures such as Inward Processing (IP), Outward Processing (OP), Customs Warehousing, Temporary Admission and Authorised Use. 

Participants will explore how these procedures can streamline operations, reduce costs, and ensure compliance with customs regulations. Customs procedures, like inward processing and outward processing, can help businesses mitigate tariff costs by allowing temporary imports and exports without incurring duties. Similarly, bonded warehousing can delay tariff payments and improve cash flow. 

The course is ideal for individuals who have a foundational understanding of customs and international trade and are looking to deepen their expertise in special customs procedures to add value to their organisation – especially in relation to tariffs.