Diploma in World Customs Compliance and Regulations
Level 5 Equivalent
This qualification from the Institute of Export covers a comprehensive and in-depth range of topics in customs compliance and regulation. This groundbreaking online education programme which offers part-time blended learning across an 18 month to two year period, with modular assessments leads to a full customs qualification at level 5 Diploma level.
The course covers 3 main areas:
- Customs Compliance and Regulation - Worldwide
- Customs Compliance and Regulation – UK/European Union
- Customs Compliance and Regulation – United Kingdom
Additionally, there will be a project based assessment to demonstrate your ability to apply the knowledge.
Why do I need this course?
The Institute works with many companies who are concerned about the complexities of international compliance and customs procedures. Making a profit internationally involves so many complicated rules affecting both large and small businesses alike. This course is designed to unravel and demystify the main issues.
Examples of common problems are:
- Use of incorrect commodity codes because the tariff and the explanatory notes are not understood which can result in back duty demands up to three years after importation.
- Undervaluation of goods – Goods declared at freight inclusive price but the contract is FOB, which can result in huge back duty demands (and a lot of management time sorting it out).
- Wrong currency declared– often a repeated mistake because, once the data is set in the system for a supplier, it gets used in error time and again
- Mis-declaration of origin - Importing with invalid GSP Forms has been known to put companies out of business. Even valid forms must be declared correctly – one business lost its claims to GSP reduced duty status when the agent declared the goods under a duty free preference requiring EUR forms to be provided.
- Financial impact – Many issues arise from staff being unaware of the risks involved with different methods of payment and the need to understand the implications for the company. This can result in documents being submitted that are incomplete which may invalidate the payment tool used by the customer, leaving the manufacturer with no real protection for the sale. Letters of credit alone represent over 70% of incorrect submissions to banks.
- Shipping issues – Using a freight forwarder does not allow the manufacturer to abdicate their responsibilities with regard to the paperwork. No matter how efficient the forwarding agent is, it is still the manufacturer who is ultimately responsible for any errors - whether they are to blame or not.
The Cost of Mistakes
A university had a bill for £125k for not completing a simplified IPR bill of discharge when goods were re-exported.
A company used a duty relief scheme for imports by charities but did not fulfil the conditions of the customs procedure, which resulted in a debt of over £500k.
A supplier to the airline industry imported goods under their end use approval but the goods were imported to incorrect tariff codes and the goods did not qualify for end use – retrospective demand for £60k.
No approval for removal of waste materials which were left after goods had been imported under IPR – the cost to one chemical company was £220k
What Will I be studying?
This aims to detail the procedures involved in dealing with UK to Worldwide trade, ensuring you understand the following topic areas:
- How World Customs is Organised
- The History and Structure of the International Regulator and Administrative Bodies
- Development of International Conventions amd Instruments
- Key aims of international Customs Authorities
- Practical Aspects of International Customs Procedures
- Structure of the Tariff and Tariff Controls
- International Guidelines on Customs Valuation Rules
- International Guidelines on the Rules of Origin
- Initiatives on Supply Chain Security and Partnership with Trade
2. UK/European Union
This aims to detail the procedures involved in dealing with UK to EU trade, ensuring you understand the following topic areas:
- The European Union as a customs union
- The History and Structure of the European Customs Union
- The EU Customs Code and International Trade Regulations
- EU Systems, Tools and Documentation controls
- EU customs code and the union customs code developments
- EU Customs Tariff
- Customs Duty Management & Tariff Measures
- EU Valuation of Goods for Customs Purposes
- EU Preferential Trade Agreements
- Authorised Economic Operator Status
- What AEO Status is and the benefits
- General principles of applying to be AEO approved
- Customs Procedure and regimes
3. United Kingdom
This aims to detail the procedures involved in dealing with UK to UK trade, ensuring you understand the following topic areas:
- HM Revenue & Customs and other controlling bodies
- Customs Declarations
- Declaring goods to HMRC
- Maintaining and reporting the information required for declarations
- 3rd Country customs procedures in the UK
- Storage Procedures
- Customs Procedures and Processing Regimes
- Temporary Movements and Returned Goods
- Transit Procedures and Triangulation
- Non-Fiscal Controls
- Export Licensing Controls
- Import Licensing Controls
Drawing from the learning completed in previous modules, project work permits the student to choose an area of International Trade and Customs Compliance that best suits their individual and/or company requirements. With reference material and practical tutor support the student can move into a more specific area on a project basis.
Features of the course
Features of the course include:
Lectures and workshops including on-line (virtual learning) to help you understand the course subjects;
Telephone/e-mail support, so you keep in touch with your tutor;
Assignments with on-line self-test quizzes which you will have to complete for each aspect of the qualification, to prove that you have understood
How much will it cost me?
The Diploma enrolment fee is £1575.00, plus a registration fee of £130.00 (which covers 2 years compulsory student membership). This will be in addition to assessment fees of £200.00 per module – although these are only due as and when you take the assessments. Alternatively, you can take specific modules individually priced at £490.00 per module, also subject to registration and assessment fees.
How Long will it take?
82* Hours each of 3 Topics and 26 hours for the final paper, over a 12-18 month period
*as per the suggestions of the Academic Board. Hours of study are recommendations only and will vary from student to student
Candidates must be 19 years of age or over and successful completion of the Advanced Certificate in International Trade (ACIT). Candidates with an existing Degree from a recognised University and / or more than 5 years’ experience in international trade will be considered for direct entry to the Diploma.
Request an application form DWCCR APPLICATION REQUEST
or download the application form below
You can also download a pdf of the application form and course outline for printing