In application of Article 13.1 of the EU Council Directive 2006/112/CE on the common system of the value added tax, all orders for goods and services provided by the WCO are invoiced exclusive of VAT since the WCO is regarded as non-taxable person in respect to the activities or transactions in which it engages as public authority within its scope of activity defined in the Convention of 15 December 1950 establishing a Customs Co-operation Council, even where it collects dues, fees, contributions or payments in connection with those activities or transactions.
Customs valuation issues are vital in terms of international trade development. The WTO Valuation Agreement is the only international valuation reference and must consequently be applied uniformly by all Customs administrations.
Once they have completed the training, you should have gained an understanding of the key concepts of the WTO Valuation Agreement, namely :
The teaching offered may serve as basic or ongoing training.
This course development was funded by CCF Korea.
It should take around 15 hours to complete the course.
Duration: 15 hr
Screen resolution: 1020 x 768 (or above)
Internet connection: 4Mb (megabits) or above
Windows XP or higher
Microsoft Internet Explorer;9 or higherFirefox 3 or higherSafari 4 or higherLatest version of Google ChromeAdobe Flash PlayerAdobe Flash 9 or higher