Module 1 . Draft import

What is importing?
What is importing
Risks
Risks
Rules and regulations surrounding importation of goods
importation of goods
Get an EORI Number
Get an EORI number
Check the rules around labelling and licensing
labelling and licensing
Customs Declarations and Duties
Customs declarations and duties
What is a customs declaration?
customs declaration
Importing Options
Air - Advantages
Air option
Air - Disadvantages
Air - Disadvantages
Sea
Sea - Advantages
Sea - Advantages
Sea - Disadvantages
Sea - Disadvantages
Rail - Advantages
Rail - Advantages
Rail - Disadvantages
Rail - Disadvantages
Road
taxes and duties
Road - Advantages
Road - Advantages
Road - Disadvantages
Road - Disadvantages
Importing options
Incoterms – International Common Language
FOB - Free on board
CFR - Cost and Freight
Cost and Freight
FCA - Free Carrier
FAS - Free Alongside Ship
Free Alongside Ship
DAT - Delivered at Terminal
DDP - Delivered Duty Paid
EXW - Ex Works
Delivered Duty Paid
Exporting To The EU
Exporting to the EU
Importing From Non European Countries and The EU
Importing from non European countries
What information is required for export entry?
Export Entry
Customs Duty
Customs duty
VAT
import VAT
Taxes and Duties Example
Excise duty
The Customs Declaration
The Customs Declaration
Customs Clearance Fees
Importing from China and Asia
Importing from China
Importing from China and Asia
Commodity Codes
Commodity Codes
Anti Dumping Measures
Break-Even Costs
Register with The Customs Handling of Import and Export Freight (CHIEF) system
Consider When Pricing Your Products