Global Certificate in Duty Calculation for Global Markets

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The Global Certificate in Duty Calculation for Global Markets is a comprehensive course designed to empower learners with the essential skills needed to excel in international trade. This course highlights the importance of accurate duty calculation, a critical aspect of global commerce, by teaching learners how to navigate complex duty regulations, optimize supply chain operations, and reduce costs.

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About this course

In an era of increasing globalization, the demand for professionals skilled in duty calculation has never been higher. This certificate course equips learners with the knowledge and practical skills needed to advance their careers in various industries, including logistics, supply chain management, and international trade. Through real-world examples, case studies, and interactive exercises, learners will gain a deep understanding of the principles and best practices of duty calculation. By completing this course, learners will be able to demonstrate their expertise in duty calculation, providing them with a competitive edge in the global job market.

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Course Details

Introduction to Duty Calculation: Basics of duty calculation, types of duties, and their importance.
Understanding Global Trade Regulations: Overview of international trade laws and regulations, including WTO and FTA agreements.
Import and Export Documentation: Explanation of key documents required for duty calculation, such as commercial invoices, packing lists, and bills of lading.
Harmonized System (HS) Classification: Detailed understanding of HS codes, their structure, and how they impact duty calculation.
Valuation Methods for Duty Calculation: Overview of different valuation methods, including transaction value, transaction value of identical or similar goods, and computed value.
Calculating Duty Rates: Step-by-step guide to calculating duty rates, including the role of tariff schedules.
Duty Relief and Deferral Programs: Introduction to duty relief and deferral programs, such as free trade zones, bonded warehouses, and duty drawback.
Managing Duty and Tax Risks: Understanding and mitigating risks associated with duty and tax calculation, including customs audits and penalties.
Technology Tools for Duty Calculation: Overview of software tools and solutions available for automated duty calculation.

Career Path

Entry Requirements

  • Basic understanding of the subject matter
  • Proficiency in English language
  • Computer and internet access
  • Basic computer skills
  • Dedication to complete the course

No prior formal qualifications required. Course designed for accessibility.

Course Status

This course provides practical knowledge and skills for professional development. It is:

  • Not accredited by a recognized body
  • Not regulated by an authorized institution
  • Complementary to formal qualifications

You'll receive a certificate of completion upon successfully finishing the course.

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GLOBAL CERTIFICATE IN DUTY CALCULATION FOR GLOBAL MARKETS
is awarded to
Learner Name
who has completed a programme at
London School of International Business (LSIB)
Awarded on
05 May 2025
Blockchain Id: s-1-a-2-m-3-p-4-l-5-e
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