2 minute read
Customs department hosts trade and compliance workshop for importers
Several importers in the Turks and Caicos Islands were recently equipped with the necessary knowledge to streamline their import processes, mitigate risks, and ensure compliance with customs laws.
This comes as the customs department recently hosted an Importer Awareness Session under the theme “Harmonising Trade Facilitation and Compliance”
Participants were given valuable insights into the intricacies of customs procedures, regulatory requirements, and best practices for successful import operations at the workshop held on the 29th July, 2023 at the OPUS conference room in Providenciales.
The workshop aimed at empowering importers to make informed decisions that drive their business forward, covered a wide range of topics we covered, including; understanding customs regulations and relevant trade law, the role of the customs department and broker and navigating documentation and record-keeping requirements.
Other topics discussed at the session included; tariff classification and the valuation process, trade facilitation measures and customs procedures, and customs audit and penalty avoidance strategies.
The attendees also had the opportunity to engage in Q&A sessions with Customs officials, network with fellow brokers, and gain valuable insights from industry peers.
Commenting on the secession, the customs department in a brief statement extended appreciation to all participants who attended.
“ Let us carry the knowledge and insights gained and apply them in our daily practices, ensuring compliance and efficiency in our import operations, TCI Customs and Brokers: Together we make the difference”, the Department stated
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