INCOTERMS Delivery Conditions and Their Influence on Customs Procedures in Logistics
The objective of the workshop is to learn about individual delivery conditions and point out the most common mistakes during conditions arrangements. We use real-life examples to show difficulties and slips in practice.
When negotiating international trade, it is vital to think about goods delivery conditions. These arrangements between the seller and the buyer regard goods transportation, insurance and customs formalities. The bigger the distance between the place of dispatch and destination of goods is, the more problems can occur. Whose detriment is the damaged or spoiled goods, that is basically the purpose of these conditions. Delivery conditions deal with the risk transition between the seller and buyer in the area of transport, insurance and duties. Most international traders have their delivery conditions, however, most international trade participants do not fully understand them. Yet, superficial knowledge can be tricky if any unexpected events occur during the transport (accidents, damage of goods, weather conditions, unexpected obstacles on the way….) and bring enormous financial losses. How does this topic relate to customs clearance procedure? Simply. Delivery conditions are pricing and duties are calculated from so-called customs value that includes the price of the goods … That's why customs officers all over the world are interested what delivery condition is negotiated for each shipment.
Who is the course for?
The workshop INCOTERMS Delivery Conditions and Their Influence on Customs Procedures is designed for managers of exportation and importation companies, in particular for:
- Logistics managers
- Transport managers
- Transport dispatchers
- Inbound/Outbound managers
- Purchase managers
- Management workers in logistics
- Workers in charge of company contracts
- Workers influencing working procedures
What we can teach / what you can learn
The workshop will answer the following questions:
- How are the INCOTERMS delivery conditions related to customs clearance procedures?
- Are they more trouble during importation or exportation or are they important in both cases?
- Who negotiates them and where can we find them?
- Are they obligatory?
- What if a delivery condition is not negotiated? How to proceed in the customs clearance procedure?
- Why is delivery condition EXW convenient in exportation and wrongly used in practice?
- How are delivery conditions related to the invoice in exportation, resp. to the exemption from VAT?
- What is the customs and the statistical value with individual delivery conditions like?
- This topic requires an insight not only into customs regulations but international transport contracts as well and understanding how interconnected customs clearance procedures are with these areas.
- History and development of INCOTERMS delivery conditions
- The basic meaning of delivery conditions
- The most common mistakes related to delivery conditions
- The detailed explanation of individual delivery conditions in classes E,F,C,D
- The unusualness of delivery conditions in class C
- Risks of sea freight
- Goods insurance– special drawing rights
- The influence of delivery conditions on customs clearance procedures
- The influence on customs value in import
- The influence on statistical value in export
- The influence of delivery conditions on VAT
Who are the trainers?
Basic course information
Šárka Matějová. Dis. - ŽALUZIE NEVA s.r.o.
In my opinion, the expertise of this workshop was on a high level and I have to admit that you cooperate with lecturers who pass on experience from the best information source – from real life. Mrs. Jiříková is definitely this kind of professional. Thank you for organizing such a kind of education.