Academy for Continuing Education (ACE)

By the end of the module, participants will be able to:

• Outline Customs and Manifest reconciliation procedures
• Differentiate the types of TradeNet Declarations and Dutiable Goods
• Give examples of incoterms based on given context
• Determine the method of valuation for importation of goods

This module seeks to give all declarants a better understanding on customs procedures pertaining to importation and exportation of goods as well as the requirements for preparing TradeNet declarations.

Key Topics
1. Introduction to Customs Procedures

• Registration procedures
• Overview of Customs import, export and transhipment procedures
• Overview of TradeXchange®
• Overview of TradeNet®

• Different types of declarations
• Relevant permit conditions
• Common declaration errors
• Amendments and cancellations of declarations

• Manifest reconciliation procedures
• Temporary procedures importation / exportation procedures and ATA Carnets

• Introduction to WTO Valuation Agreement
• Methods of valuation
• Incoterms
• Common valuation issues

• Importation of liquor products
• Importation of tobacco products
• Importation of motor vehicles

This course is provided by the School of Engineering.