Customs Tariff Classification
Presenters : Sipho Mhaga
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 video will demystify tariff determination, government interventions' impact, and the crucial processes for classifying goods.
Video 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 video
- 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.