Important

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.

Time Release Study (TRS) – Full Course

80,00

Description

The WCO has developed a unique strategic tool, known as the Time Release Study (TRS), with which Customs and other government agencies, along with private sector stakeholders, can measure the efficiency and effectiveness of the entire cross-border flow process related to imports, exports and transit movements of goods, in a periodic manner. The tool seeks to accurately measure border process performance relating to trade flows, in particular the clearance and release of goods, and helps in identifying associated bottlenecks so that appropriate policy decisions to improve such performance can be well designed and effectively implemented.  It allows the formulation of tailor-made solutions to address inefficiencies on account of any actor in the overall clearance and release process with regard to the international movement of cargo, thereby leading to a steady reduction in clearance times and trade transaction costs.

This course aims at describing the usefulness and importance of TRS, as well as provide practitioners with guidelines on how to effectively implement it.

The overall course has a duration of approximatively 2 hours.
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Additional information

Language

English

Product Type

Course

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