Global Certificate in Duty Calculation: Thriving in the Global Marketplace
-- ViewingNowThe Global Certificate in Duty Calculation: Thriving in the Global Marketplace is a crucial course designed to empower learners with the knowledge and skills necessary to excel in the complex world of international trade. This certificate course focuses on essential elements of duty calculation and compliance, providing a solid foundation for understanding the intricacies of global commerce.
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โข Duty Calculation Fundamentals – Understanding the basics of duty calculation, including tariff classifications, customs values, and duty rates.
โข International Trade Regulations – Familiarizing with the legal and regulatory framework governing global trade, including trade agreements, export controls, and sanctions.
โข Harmonized System (HS) Codes – Mastering the HS code system, which is used to classify traded products and determine applicable duties and taxes.
โข Customs Valuation Methodologies – Learning the different methods used to calculate customs value, such as transaction value, computed value, and fallback methods.
โข Free Trade Agreements (FTAs) – Exploring the benefits and requirements of various FTAs, and how they can help reduce or eliminate duties.
โข Duty Drawback and Other Trade Programs – Understanding the rules and procedures for claiming duty drawback and other trade-related refunds and incentives.
โข Import and Export Compliance – Ensuring compliance with all applicable regulations and requirements, including those related to product safety, labeling, and documentation.
โข Trade Risk Management – Managing risks associated with international trade, including those related to currency exchange rates, political instability, and supply chain disruptions.
โข Trade Analytics and Reporting – Utilizing data analytics and reporting tools to track and analyze trade activity, identify trends, and make informed business decisions.
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