Imports and Exports Controls

Overview

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.

Webinar Content:

• What are export and import controls?
• Regulations, licenses, and agencies.
• Essentials of an effective export control system.
• Knowing the laws and your obligations.
• Additional notes to consider on clearance.

Competencies developed in this webinar

• Understand that not all products can be imported/exported freely.
• Understand the influence of government agency policies on trade dynamics and local industries.
• Able to navigate the applicable legislation.
• Uncover the processes to follow and comply with legislation.
• Understand the procedure for efficient customs clearance.
• Assist your company in identifying areas of possible non-compliance requiring a health check/review.

Presenter

Sipho Mhaga

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.

CPD

Attending this webinar and the successful completion of the online assessment will secure a certificate of completion for 1 hour of CPD.

Event Investment

Free for Tax Practitioner, Tax Accountant CPD subscribers and Practice Packages. Not a CPD subscriber yet? Click here to register now.

• Regular price:  R230.00
• Special rate for SAIT members:  R184.00
• Group booking discounts available when you register for a group.

Payments and cancellations

• All payments must be made by EFT or by credit card, at least three working days before commencement of an event.
• Kindly note that should payment not be received two days after the event, legal action will be taken.
• Proof of payment will be requested at registration if payment does not reflect in The Tax Faculty’s bank account.
• Only written notice of cancellation will be recognized.
• Conditions:
  • If the cancellation occurs more than four working days prior to the event no cancellation fee will be charged.
  • If the cancellation occurs less than four working days prior to the event, a 100% cancellation fee will apply.
• Delegates who book and fail to attend will be liable for the full event fee.
• The Tax Faculty’s liability in the case of an event being cancelled will be limited to a refund or credit of the event fee.
• Please click here for the full terms and conditions.