Proof of Preferential Origin: The Role of Long-Term Supplier Declarations & Origin Statements
Our upcoming online clinic will clarify a frequently misunderstood compliance aspect when navigating preferential trade agreements. Whether you're an exporter declaring preference to suppliers or an importer leveraging preference to mitigate import duty payments, understanding LTSDs (Long-Term Supplier Declarations) and various origin statements is essential.
Description
Our upcoming online clinic will clarify a frequently misunderstood compliance aspect when navigating preferential trade agreements. Whether you're an exporter declaring preference to suppliers or an importer leveraging preference to mitigate import duty payments, understanding LTSDs (Long-Term Supplier Declarations) and various origin statements is essential.
Join us for a one-hour presentation followed by a 30-minute Q&A session tailored to address your specific queries. This interactive session will help maintain a level of compliance to avoid unnecessary customs fines, penalties or delays, making you feel confident and well-prepared for a customs audit.
Topics covered will include:
- When UK exporters must obtain LTSDs
- Changes in supplier declarations post-UK's exit from the European Union
- Overview of due diligence checks and requested statements when dealing with overseas entities
- Ensuring compliance when making preference origin statements during export
- Pre-claim checks are essential before asserting preference during the import
- Guidance on diverse preference origin statements and certificates utilised in UK FTAs
- Tips for effective record-keeping to prepare for customs audits
Take advantage of this opportunity to ensure compliance when using preference within UK trade agreements! Join our clinic today and gain the comprehensive guidance you need.