Excise Duties are indirect taxes on the sale or use of specific products such as petrol and diesel products. The excise duty is payable regardless of whether they are manufactured in locally or brought to internationally from another EU member state or imported from a country outside the EU.
This COPEX training course in Customs and Excise is aimed at individuals who are new to or work with Excise products and would like to improve their knowledge.
This training course will feature:
How to Excise goods additional codes
How to CAP goods additional codes
How to work out the costs of your products in export markets
What are the kinds of overseas checking tariffs?
What are the Sources of information?
What are the Goals?
By the end of this training course, participants will be able to:
Determine the Excise authorizations
Define the Excise duties for producers & manufacturers
Identify binding tariff information
Clarify the export process and customs information requirements
Who is this Training Course for?
This COPEX training course is suitable to a wide range of professionals but will greatly benefit those who are in:
Accounts and Finance
PR and Marketing
Quality and Standards
Day One: Excise Duty Basics
Introduction to Excise Duty
What is Excise Duty
Excise Duty Definition
Excise Duty News
Types of excise duty
Basic Excise Duty
Additional Excise Duty
Special Excise Duty
Day Two: Excise Duty Rules
Rules for Collecting Excise Duty
Goods on which Excise Duty is Charged
Excise Duty Vs. Custom Duty
Excise Duty Vs. Sales Tax or VAT
Why is Excise Duty Implemented?
How is Excisable Goods Evaluated?
Day Three: Customs and Excise Administration
Customs and Excise Administration responsibilities
Dealing with Excise Imports
Excise Goods and Rates
Importing Excise Goods
Paying Customs and Excise Duties
Receiving Goods from EU Member States
Importing Excise Goods from Outside the EU
Day Four: Excise Procedures
List of Relevant Legislation
How is Excise Duty Calculated?
Products That Are Taxed
Penalties for Non-compliance
Excise authorizations for producers & manufacturers
Excise & trade facility warehousing
Calculation of excise duties & tax type codes
Specific rules for different types of industries
Day Five: International Excise Laws & Controls
Completion of excise returns
Company stock record keeping & accounting
Goods subject to excise duties
International Excise Laws & Controls
Import & export procedures for excise goods
COPEX Certificate of Attendance will be provided to delegates who attend and complete the course
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