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3rd Nov 2021 / All Day

Understanding Commodity Codes and INCOTERMS20

, , (see map)

£230 (Members)
£280 (Non-members)

By: Liverpool Chamber of Commerce


Commodity Codes identify the goods being moved and they also provide guidance on relevant legal, trade agreement, tax and safety information. Using the wrong code will lead to delays and fines.

This course is designed for anyone in the organisation who might be called upon to contribute to a correct description of goods traded internationally for both export or import declarations. This can range from complete beginners to experienced operators who feel the need to refresh their knowledge.

It is also suitable for management staff whose role requires supervision or checking of sensitive Customs declarations.

THERE WILL BE OPPORTUNITY FOR Q&A SESSION

What will I learn?

The course is ‘hands-on’ and includes:

  • The layout of the Customs ‘Tariff’
  • How Commodity Codes are organised
  • Penalties for incorrect declarations
  • Practical exercises for a wide range of products

The second half of the day will cover INCOTERMS2020 with different implications to cost, risk and obligations of both parties. If you need an update with the newest version this is the ideal opportunity to understand them and their implications. There will be opportunities to ask questions to the tutor during the day.