Do you provide services to exporters and/or importers embarking on an import and export drive for the first time?
Much like restricted party lists are utilised to mitigate risks in your organisation by controlling interactions with specific individuals or companies, export and import controls serve the purpose of regulating the movement of products and technologies worldwide.
Export controls are country-specific and are typically implemented with considerations for national security and foreign policy. For instance, items like implements of torture or dual-use goods such as munitions are generally restricted for export to any country. Meanwhile, certain exports, for example encryption items, may only be controlled for specific entities such as terrorist regimes and globally embargoed nations.
An effective import and export control program is a crucial aspect of trade compliance, and it can be fairly straightforward for a company to implement. The first step is to establish one. Commodities intended for cross-border transactions must undergo a thorough review, with any import and export control requirements duly noted and implemented.
This webinar enables companies and individuals involved in importing goods to adhere to statutory and regulatory guidance provided by agencies, thereby reducing the cost of compliance and facilitating international trade. Taking advantage of available rebates is also recommended.
Customs and Excise Senior Manager: Indirect Taxes
Sipho Mhaga is a Senior Manager – Customs & Excise at SNG Grant Thornton. He has over 19 years’ experience in Customs and Excise environment, Sipho joined the firm in 2023 and before that he spent13 years in the Oil & Gas Industry working for Total Energies, advising business and NBE subsidiaries, conducing training on customs and excise compliance. He represented Total Energies at SAPIA “petroleum industry body” with engagements with National Treasury, DMRE, SARS and revenue authorities in the BNE countries. He also spent 6 years working for SARS Customs and Excise division as Audit Specialist and advisor to policy department for legislation amendments.
He has bookkeeping training and audit articles Sithole CA (SA) Incorporated.
Attending this webinar and the successful completion of the online assessment will secure a certificate of completion for 1 hour of CPD.
Free for Tax Practitioner, Tax Accountant CPD subscribers and Practice Packages. Not a CPD subscriber yet? Click here to register now.
The following venues and dates are available for this event.