Managing Customs Clearance & Declaration-Importer Exporter Due Diligence in Customs Clearance and Declaration

07 Mar, 2024, AC Hotel Kuala Lumpur by Marriott (Formerly known as Vistana Kuala Lumpur)

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MR. STEPHEN KUM (MBA, USA) is a fellow of The Institute of Freight Association, The Institute of Logistics & Transport, The Institute of Business Administration, Professional member of Global Logistics Supply Chain Alliance and former Vice Chairman of Persatuan Logistik Selangor.

 

He has more than 30 years of hands-on experience in the fields of international trade, global procurement, freight operation and logistics supply chain management. His consultancy expertise relates to INCOTERMS execution, trade documentation, suppliers development, shipping risks and logistics strategies.

 

Mr Stephen Kum was the Managing Director of a global logistics provider with network in UK, USA, Australia and Asia. Held various contractual senior positions as Country Manager of Esprit Shipping (HK), Sales Director with Karl Schroff Associates (US) and Area Manager with Port Cargo International (UK). Associated with Cambridge International College as their Training Consultant, Program Examiner with Durham Logistics College and Resident Consultant with TPL Global Chains Management.

 

He has been involved in corporate training and executive’s development since 2002 for manufacturers (Proton, Petronas, etc), multinational companies (National Semiconductor, Revertex, etc), brand leaders (Goodyear Tyres, Mitsubishi, etc), academy of learning and development (OCBC Trade Academy, Boustead Naval Academy, etc).

 

Mr Stephen Kum embassy clientele includes trade divisions of Nigerian Embassy, Sudan Embassy and Royal Thai Embassy in Kuala Lumpur. He has developed shipping programs for Institute Technology Multimedia, logistics program for Sentral City Institute, freight management program for PSNB and Open University Malaysia. Post graduate courses in supply chain management for Camden University and export management for Metropolitan University organized from Kuala Lumpur.

Venue Details

AC Hotel Kuala Lumpur by Marriott (Formerly known as Vistana Kuala Lumpur)
9 Jalan Lumut, Off Jalan Ipoh, 50400 Kuala Lumpur - 50400
Phone : (603) 4042 8000

https://www.marriott.com/en-us/hotels/kulka-ac-hotel-kuala-lumpur/overview/?scid=45f93f1b-bd77-45c9-8dab-83b6a417f6fe&y_source=1_MTQ2NDU5MDEtNDgzLWxvY2F0aW9uLndlYnNpdGU%3D

Contact us

Juliany,
03 2283 6109
juliany@ipa.com.my

Phoebe,
03 2283 6100
phoebe@ipa.com.my 

FOR CUSTOMISED IN-HOUSE TRAINING
Jane,
03 2283 6101
Jane@ipa.com.my

ADDRESS 
A-28-5, 28th Floor, Menara UOA Bangsar, 
No.5, Jalan Bangsar Utama 1, 
59000 Kuala Lumpur
www.ipa.com.my

FOCUSING ON
  • Module 1: The flow of process, document and cargo in import export trade practices
  • Module 2: Importers and exporters role and responsibility in customs rulings compliance
  • Module 3: The penalty and provisional rights of customs in non-compliance of documentation
  • Module 4: The customs rulings on goods classification and valuation in practice
  • Module 5: Distribution and retention of customs documentation and data inheritance
  • Module 6: Declaration and computation of inward shipment (CIF) and outward shipment (FOB)
  • Module 7: Discrepancies and irregularities avoidance in documentation submission to customs 
INTRODUCTION

Customs declaration and clearance of cargo need to be self organized and ratified. The due diligence is to have the Importers Exporters familiarizing the steps of customs procedures and practices.

In addition, the collaboration and coordination with customs brokers or freight forwarders need to be well organized and a standard operating procedure established.

AFTER ATTENDING THIS COURSE YOU WILL RETURN TO YOUR JOB…
  1. Familiarizing the procedures and documentation flow.
  2. Explaining the customs rulings in documentation.
  3. Illustrating the declaration and computation steps.
WHO SHOULD ATTEND

A mandatory course for executives in customs related operation and freight forwarding.

An empowerment course for executives in finance, costing, planning, logistics, shipping.

METHODOLOGY
A workshop seminar based program with practical assignments and exercise.
COURSE CONTENT
9:00

Module 1: The flow of process, document and cargo in import export trade practices

  • The 3 main groups of document under
  • Transactional, Statutory and Contractual
  • The interpretation of inward and outward flow of goods in international trade


 

Module 2: Importers and exporters role and responsibility in customs rulings compliance

  • Submission of appropriate documents and related supporting references
  • Authentication and justification of information and materials related

 

10.45

Module 3: The penalty and provisional rights of customs in non-compliance of documentation

  • Manifestation of dis-honesty and acts of taxes evasion
  • Non-compliance and deviation of rulings and standards

 

1:00 Lunch
2:00

Module 4: The customs rulings on goods classification and valuation in practice

  • Goods classification under the HS nomenclature discipline
  • Goods valuation under the GATT
    definition and application

 

 

Module 5: Distribution and retention of customs documentation and data inheritance

  • The stipulated and mandatory time frame for customs and related documents
  • The administrative and auditing activities in post clearance 

 

3:45

Module 6: Declaration and computation of inward shipment (CIF) and outward shipment (FOB) 

  • The interpretation and application of the trade terms of cost, insurance and freight
  • The superceding rights of add-back computation CIF and FOB 

 

 

Module 7: Discrepancies and irregularities avoidance in documentation submission to customs\

  • Statement of improper sentences and irrelevant phrases
  • Statement that require interpretation and definition

 

5:00 End of Course