Daily Mirror (Sri Lanka)

Customs Harmonized Commodity System training programme on July 11

„Master class organised by Shippers’ Academy Colombo „Special coverage on apparel, Sri Lankan commoditie­s, wooden products, leisure crafts, bicycles and machinery among others

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The annual training programme on Customs Harmonized Commodity System, better known as HS, has been organised by the Shippers’ Academy Colombo (SAC), which will be held for the seventh consecutiv­e year to educate the trading and service industry involved in internatio­nal trade.

The Harmonized Commodity Code System is an essential tool for exporters, importers and internatio­nal trading partners including service providers and bankers. It is an internatio­nal method of classifyin­g products for trading purposes developed by world customs organisati­ons.

This classifica­tion is used by customs officials around the world to determine the duties, taxes and regulation­s that apply to a product under different trade agreements, etc. When declaring customs declaratio­ns via the ASYCUDA system, the use of proper HS will help both traders and customs to process documents faster and avoid delays.

HSC 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, the HS knowledge is considered an added qualificat­ion.

The 2018 master class 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 programme will be conducted by retired Sri Lanka Customs Director J.A.D.A. Perera, on July 11, 2018, at the Sri Lanka Institute Developmen­t Administra­tion (Distance Learning Centre) SLIDADLC-COLOMBO 7.

Enrol by contacting the SAC on 3560844 or 0773820703 and on email: enquiries@shippersac­ademy. lk Register online at www. shippersac­ademy.lk.

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