ISTA Import Training Course
From: 04/04/2013 09:00
To: 05/04/2013 16:30
ISTA TRAINING COURSE ON STEEL IMPORTING: OPERATIONAL ISSUES AND PROCEDURES ~ Trainer: Mr Jon Walden (Crown Agents)
PROVISIONAL PROGRAMME
Cost: £395 + VAT
Day One
9.30 Registration
9.45 Introduction
10.00 The Import Chain:
• Ordering
• The Purchase/Sales Contract
• Payment
• Shipping
• Customs
• Delivery
10.40 break
10.50 Incoterms 2010 (and comparison with Incoterms 2000)
• What are they
• How do they work
• How are they used
• Principal Terms
11.50 Customs Formalities
• Legal Obligations
• Regimes
• Quotas
• Anti-Dumping
• Customs Clearance
• VAT/Duty - calculation, payments, deferment, liabilities
• Inward Processing Relief
• The Tariff
13.00 Lunch
14.00 Methods of Shipment
• Sea - Liner/Charter Terms
• Road
• Rail
• Airfreight
14.30 Cargo Insurance:
• Responsibilities in relation to Incoterms
• Cover/Open Cover
• Premium elements (marine/war risk)
• Institute Cargo Clauses
• Claims
15.00 Documentation:
• Bills of Lading - function, types, liner, charter
• CMR Notes
• Forwarders Certificate of Receipt
• Origin Documentation
• Inspection Certificates/Test Certificates/Traceability
• Packing Lists
• Invoices
16.00 Break
16.20 Methods of Payment (1)
• Brief of each method
• Selection of Payment methods
• Negotiation of Payment method
16.45 Synopsis of Day One
16.55 Questions
17.30 Close of day one
Day Two
09.00 Methods of Payment (2)
• Payment in Advance
• Open Account
• Bank Collections
• Bills of Exchange
10.00 Methods of Payment (3) Letters of Credit:
• How they work
• Procedures
• Types - irrevocable, transferable, back to back, red clause, standby
11.00 Break
11.20 Letters of Credit (Contd):
• Opening a Letter of Credit
• Openers responsibilities
• UCP (ICC Publication 600)
• International Standard Banking Practice
12.15 Lunch
13.15 Letters of Credit (Contd):
• Discrepant Documents
• Disputes
• Topical Issues
14.00 Contingency insurance cover
14.15 Summary of seminar
14.30 Open Forum/Questions
15.45 Close (approx)
MMTA News and Events
- MMTA Christmas Lunch
- MMTAs 40th Anniversary Dinner
- Introduction to Metallurgy Course, New York,
- Informal Drinks in New York
- Public Consultation on a Possible EU Initiative on Responsible Sourcing of Minerals Originating from Conflict-Affected and High-Risk Areas
- RC Inspection (Hong Kong) formally accepted as LBMA associate.
- Metal Events Ltd wins the Queen’s Award for Enterprise for Outstanding Achievement in International Trade 2013
- ECHA: Substance evaluation under REACH: The annual update of the CoRAP published
- MMTA Conference Keynote Speaker: Chris Flynn of Pratt & Whitney
- Changes to REACH Fees Announced