Inward & Outward Processing

If you transport goods into and out of the UK for maintenance or other processing, this course explains the HMRC regimes that will enable you to save costs. The course helps you understand the advantages of claiming IP and OP, how commodity codes help, the documentation required, and whether AEO may also be helpful for your organisation.

Course Contents:

- Explanation of Inward and Outward Processing

- Advantages of IP/OP

- Commodity Codes

- Documentation required for IP/OPR

- Benefits of AEO

- Sources of help and advice

- Customs Warehouse

- End Use

- Returns Goods

Who Should Attend-

International Trade and Finance Administrators and Managers need to understand the cost of savings that can be made on the goods that come into and out of the UK for processing. The course is valuable for both newcomers wanting an introduction and overview, and experienced staff needing a refresher on current requirements. Considerable cost savings can be made in this area, so it is important you understand the relevance of this to your organisation.

This course is part of the 11 British Chambers of Commerce Courses. Each course offers one credit towards the BCC Foundation Award in International Trade. You must complete 6 or more of these courses to receive the Award.