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Develop practical knowledge and confidence in Importing into the EU.
The European Union is one of the largest markets in the world. Given its importance and to reflect in a more practical manner the implementation of customs procedures, we will look at the process of importing goods into the EU.
This course turns the subject into practical, structured learning you can apply in real business and workplace situations. It is designed to help you move beyond definitions and understand how the ideas, tools and decisions covered in the course fit together.
This course is suitable for exporters, importers, logistics and supply-chain professionals, SME owners and international trade practitioners.
The European Union is one of the largest markets in the world. Given its importance and to reflect in a more practical manner the implementation of customs procedures, we will look at the process of importing goods into the EU.
In this unit you will:
- Analyse the process of importing goods into the European Union.
- Learn about free circulation - the most common customs procedure.
- Examine how to dispatch goods for free circulation and for consumption.
- Learn about VAT on imported goods.
- Study the main customs procedures.
Completing this course will confer 5 CPD Credits towards internationally recognised Continuous Professional Development Requirements within organisations operating this kind of staff development methodology.
1. IMPORTING INTO THE EU
1.2 Collection of Duties and VAT
1.3 Dispatch for Consumption
1.4 Declaration
1.5 Prior Verification by the Importer
1.6 Import Declaration (SAD)
1.7 Entry in the Accounts
1.8 Release of Goods
1.9 Amendment and Annulment of the SAD
1.10 Examination of the Goods
1.11 Payment of Customs Duties
1.12 Control by the Customs Authorities
1.13 Release of the Goods
1.14 The Importer and the Customs
1.15 Automated Entry Processing (AEP).
1.16 Local Clearance Procedure
1.17 Paperless Declaration
1.18 Rejected Goods
1.19 Electronic Systems
1.20 Simplified Procedures
1.21 Payment of Import Duties
1.22 Repayment of Customs Duty
1.23 Partial Dispatch
1.24 Import Procedures
1.25 Exportation
2. VAT PAYABLE ON IMPORTS
2.1 Suspension of VAT Payment
2.2 VAT-Free Authorization
2.3 Basis for VAT Calculations
2.4 Costs Not Included
2.5 VAT Exempt Costs
2.6 Right to Deduct VAT - General Rule
3. CUSTOMS PROCEDURES
3.1 Processing under Customs Control (PCC)
3.2 Authorization
3.3 Conditions for Applying
3.4 Outward Processing (OP)
3.5 Arrangements Available for Processing of Textiles
3.6 Applications for Authorization
3.7 Inward Processing (IP)
3.8 Temporary Importation
3.8.1 Goods Allowed for Temporary Importation
Further Reading
1- EU Guide to Import Procedures
2- General guidance on EU import and transit rules for live animals and animal products from third countries
3- EU Rules of Origin for GSP
4- US Export Control Regulations Explained to the European Exporter: A Handbook
Forum Assignment
Part of this learning pathway: International Trade Practice
Course pathway: eBSI Export Academy > International Trade Practice > Importing into the EU
Explore more International Trade Practice training or return to the eBSI Export Academy.
If you have any questions or would like to speak to one of our team before enrolling feel free to book a free video call with us by clicking the button below, we will be delighted to meet you on Google Meet!