Quick Guide: Customs Declaration for Imports

Basics of Importing

• Fundamentals of Customs Law and Import Clearance.
• Responsibilities and Obligations of the Importer.
• Key Terms and Parties Involved in the Import Process.
• Latest updates regarding imports.

Import Processes and Customs Procedures

• Import processing via ATLAS and through service providers.
• Interfaces between purchasing, logistics, customs, and accounting.
• Summary Import Declaration, Storage, and T1 Transit Procedure.
• Standard and simplified customs declarations.
• Important customs procedures: free circulation, processing, bonded warehouses, temporary admission, and the A.T.A. Carnet.
• Special Considerations for Travel.

Customs Value, Customs Tariff, and Duties

• An Introduction to the Classification of Goods.
• Basics of Customs Value and Transaction Value.
• Additions and deductions according to Incoterms® 2020.
• Deferrals of payment, tax assessment notices, additional assessments, and refunds.

Preferences, Compliance, and Tax Audits

• Fundamentals of Preferences and Evidence of Preferences.
• Special Provisions of the DDP Clause.
• Outsourcing and representation by service providers.
• The Importance of AEO for Secure Import Processes.
• Preparing for customs inspections and tax audits.
• Common sources of error and practical compliance guidelines for import operations.