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.
By the end of this lesson you should be able to:
– Explain how Customs administrations can work cooperatively using international standards to maximize the security and facilitation of the international trade supply chain
– List the legal, procedural, technological, and administrative principles underlying the C2C concept
– State the pivotal role of advanced electronic information to enable more effective risk assessment
– Identify the kinds of modern technology that Customs will be required to use to perform NII
– List the eleven standards within Pillar One and be able to explain the key features of each.
A quiz is also included to test your knowledge.
Duration: 40 min
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