Shippers’ Academy’s 2014 annual training program on Customs HS codes

Monday, 3 November 2014 00:00 -     - {{hitsCtrl.values.hits}}

The annual training program on Customs Harmonized Commodity System better known as HS has been organised by the Shippers’ Academy Colombo which will be held for the fourth consecutive year to educate the trading and the service industry who are involved in international trade. The Harmonized Commodity Code System (HS) is an international method of classifying products for trading purposes. This classification is used by customs officials around the world to determine the duties, taxes and regulations that apply to the product under different trade agreements etc. The World Customs Organisation (WCO) and International Trade Centre (ITC) modify and make many changes in this HS system. Traders and all service providers should have a close understanding of the global classification. HS knowledge will help traders and service providers to break into and operate into new markets. Exporters, importers or a service organisation such as logistics, shipping, banking or insurance need to understand the correct identification of products traded. This knowledge will help companies to reduce cost, access new markets, and take corrective action on insurance and transport costs etc. Wherever a company or an individual wants to work in an international trading environment, HS knowledge is a key tool for operating efficiently as well as for employment. The 2014 program is opened for exporters, importers, logistics professionals, bankers, lawyers, insurers, shipping industry, management trainees, new entrants to the trade and consultants in international trade. The one day certificate program will be conducted by J.A.D.A. Perera, Deputy Director of Sri Lanka customs on 14 November 2014. Enrol by contacting the Shippers’ Academy Colombo on 3560844 or 0773820703 and on email: [email protected] Register online at www.shippersacademy.lk.

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