How to Reduce Import Duties

What will I learn?

With rising costs affecting all importers, trying to minimise the import duties we pay are more vital now than ever. In the UK we have several schemes and processes that allow companies to lower the duty paid under certain circumstances. This course explores the options available to importers, ensuring they can lower duty costs compliantly.

Specifically, we cover:

1. Trade agreements and claiming preference
2. Tariff quotas and suspension schemes
3. Returned goods relief
4. Special Procedures such as IPR and Customs Warehousing
5. ATA Carnets