#WATCH I In a world characterized by interconnected economies, international trade serves as the lifeblood of global commerce.

Session 1 - Tariff Classification

Series Overview

In a world characterized by interconnected economies, international trade serves as the lifeblood of global commerce. The movement of goods across borders, the exchange of services, and the intricate networks that span continents all contribute to the dynamic landscape of trade. At the heart of this intricate dance lies the realm of customs – a pivotal gateway that ensures the smooth flow of goods while safeguarding each nation's economic interests.

Embark with us on a journey into the world of trades and customs, where our first session will delve into the nuances of Tariff Classifications, whilst in later sessions we will explore customs valuations, rules of origin, import & export control and customs clearances.

Overview

In the ever-evolving landscape of international trade, understanding the nuances of tariff determination, government interventions, and classification of goods is crucial for your business's success.

Although tariffs have historically been used by governments to collect taxes in the ever-evolving landscape of international trade, they have increasingly been used to protect local industries against cheap imports.

This first webinar will demystify tariff determination, government interventions' impact, and the crucial processes for classifying goods.

Webinar content

• Mastering Tariff determination
• The impact government interventions have on trade and the protection of local manufacturing industries.
• Procedures for Goods Classifications  to be followed when classifying goods.

Competencies developed in this webinar

• Decipher tariff codes and optimize your cost management strategies.
• Understand the influence of government policies on trade dynamics and local industries.
• Uncover the latest trade treaties and their implications.
• Understand the procedure for goods classifications for efficient customs clearance.

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 Tax 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.
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• 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.
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