Preference Rules of Origin

This introductory course is aimed at those involved in the administration of international trade to ensure an understanding of rules of origin, product classification and item valuation to meet the demands of international trade in both exporting and importing. Understanding origin, taqriffs and valuation is essential for correct calculation o ftaxation and duties, and mistakes leading to non-payment or underpayment are considered a serious matter by HMRC. THey also lead to duty reliefs, so getting this right could save you money.

Course Content:

- Preference and Non-preference Origin

- The rules determining preference rules or origin

- Understanding tariff codes

- Correctly classifying goods with examples

- Import Valuation

- Changes coming in 2025

- Sources of help and advice

Who should attend-

International Trade and Finance Administrators and Managers need to understand duties, taxes and compliance. Mistakes in this area can be costly and serious so companies must ensure they have the knowledge to manage this properly in their organisations. The course is valuable for both newcomers wanting an introduction and overview, and experienced staff needing a refresher on current requirements.

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.