Course description
Inward Processing (IP) Workshop
Inward Processing Relief (IP) can save you a lot of money but can also prove quite a headache! Whether you already operate IP, or would just like to know more, this practical workshop unravels the mysteries. We also look at the impact of the EU Union Customs Code (UCC) on the application, the requirement for duty guarantees and administrative processes involved in managing a compliant IP. As well as reviewing the IP application form SP3, the Self-Assessment requirements and the suspension returns (Bill of Discharge – BODs) we will also what internal processes are required. It also covers the use of the Returned Goods Relief (RGR) procedures. Participants are offered the opportunity to bring in samples of their own IP documentation for review.
The course has been fully revised to take into consideration the new Customs procedures and takes a look at the link between IP audits and AEO requirements. Fully updated to cover the new UK Regulations covering Processing, the special usage of IP under trade agreements (eg the UK-EU TCA) and the EU UCC Regulations
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Course Price: £485.00 excl. VAT
It was interactive, well presented, included practical tips and there was an opportunity to ask questions.