Learn how to import Online short course

Learn how to Import online short course


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Learn how to import with this online short course, this course will teach you the correct procedures when importing, We Cover the role players, Landed costing Calculations, Fixed and variable costs, Trade agreements Tariff Classification, Instructional Documents, Commercial and Regulatory Documents, Equipment used, Vessels, Volumetric weight calculations for Sea freight, Airfreight and Road Freight, The factors influencing your choice of transport and factors influencing risk and obligation in the sales contract.

Certificate Options 

Choose the School of Shipping certificate if you are only after the knowledge

Choose the TETA certificate if you are after the credits

Import Online short Course Content:

 International Trade: Module 1 

  • Differences between local and international trade.
  • Typical trade regulations.
  • Tariff and non-tariff barriers.
  • International bodies involved in determining international regulation.
  • The trade cycles.
  • Role players in the international trade cycle.
  • Functions of the various parties including customs authorities, trade authorities, freight forwarders, clearing agent, ports, carriers, verification agencies, banks, insurance companies and the Reserve Bank.
  • Modes of transport and forms of shipment.
  • Protection and packing of cargo.
  • Shipping services.
  • Container transportation.
  • Containers for sea freight, ULD’s for Airfreight
  • Freight cost elements.
  • Methods of payment.

 ICC Incoterms ® 2020 Rules: Module 2

  • What are Incoterms?
  • History of Incoterms
  • Purpose of Incoterms
  • Structure of Incoterms
  • Key changes in Incoterms 2020
  • EXW – Ex Works
  • FCA – Free Carrier
  • FAS – Free Alongside Ship
  • FOB – Free on Board
  • CFR – Cost and Freight
  • CIF – Cost, Insurance and Freight
  • CPT – Carriage Paid To
  • CIP – Carriage and Insurance Paid to
  • DAP – Delivered at Place
  • DPU – Delivered Place Unpacked
  • DDP – Delivered Duty Paid
  • Factors to consider when choosing an Incoterm
  • How to select the right Incoterm for your transaction
  • Avoiding common mistakes when using Incoterms
  • Make recommendations

Planning an Import Transaction: Module 3

  • Landed Costing Calculations
  • Insurance methods and techniques.
  • Foreign exchange information.
  • Types of administrative and documentary requirements for import transactions.
  • Types of shipment methods which can be used to import goods.
  • Calculation techniques.
  • Sources and types of tariffs to be used for imported cargo.
  • Methods and techniques for obtaining statutory approval for imported goods.
  • Sources of insurance and forward cover for import transactions.

Tariff Classification: Module 4

Learn how to classify products and commodities correctly by using the Harmonised System and General rules of interpretation, Using the wrong tariff heading can be costly due to penalties that can be imposed on years of transactions , Learn how to find the Duty rate for products that fall under a trade agreement.

  • The background to the Harmonised system
  • The WCO
  • ITAC
  • How to classify Commodities within the harmonised system
  • General Rules for the Interpretation (GRI) of the Harmonized System
  • Section Notes explained
  • Chapter Notes explained
  • Subheading Notes
  • The six digit heading concept explained
  • The eight Digit heading concept explained
  • The South African tariff
  • Assembled Unassembled parts Classification rules

International Trade Documentation: Module 5

  • Location of legislation used to protect a country’s trade.
  • Methods and techniques for applying legislation in international trade.
  • Dangerous goods legislation for surface and airfreight of internationally traded goods.
  • An overview of dangerous species moving across international borders.
  • Types and sources of documentation required for internationally traded goods.
  • Document flow
  • Shipping instructions
  • Clearing instructions
  • Variable Costs
  • Regulatory Documents Import
  • Regulatory Documents Export
  • The pro Forma
  • The commercial Invoice
  • The Bill of Lading
  • The Airway bill
  • Role Players their Functions and  Documents generated
  • Export Permits
  • Import permits
  • Letters of Credit

Duration 

This course is self-paced. You may begin at any time and should take approximately 12 weeks to complete on a part time basis. 

Course Delivery

The   course is delivered through the School of Shipping Online Learning website.  A Subject Matter Expert will provide you with academic support through the learning website. A Course Coordinator will also be available on email/telephone to provide you with administrative support.

Assessment and Award of the Certificate

Each module has a formative and summative assessment which you will need to achieve a mark of 60% or higher for to receive the certification.

Entry Requirements

In order to do this course you will require:

  • An email account
  • Access to a computer and the internet
  • Be able to open and read PDF documents
  • A keen desire to learn and advance your career

If you need to learn how to  Export then please navigate to our  Export course here 

 

 

This course is applicable to being delivered in house at your company premises, please contact us for a separate quotation.

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