OBJECTIVE

As each country, including India wants to increase its share in international trade more and more opportunities are being created in export/ import of various products and commodities. Countries encourage their exporters to increase their exports so as to earn more foreign exchange for the country. Companies resort to imports to get high quality inputs and machinery at competitive rates. In this context entrepreneurs who wish to enter the field of international trade need to have adequate knowledge of the rules and procedures.

AMA has designed this program “COMPREHENSIVE PROGRAM ON EXPORT/IMPORT PROCEDURES and DOCUMENTATION” to enable the participants acquire knowledge of all important procedures and documentation formalities related to export and import.

LEARNING OUTCOMES

EXPORTS

• Preliminaries involved in setting up export business –
  – Obtaining IEC No. / RCMC No. – GST Registration
  – Getting Export Order and Execution: Proforma Invoice / Sale Contract; Payment Terms : DP / DA / LC
• Export Documentation Framework
  – Bill of Lading; Certificate of Origin; Packing List; Insurance Policy
• RBI Exchange Control Regulations.
  – Time limit for export realisation; Third party Payment; Reduction in Invoice Value
• Basic Customs formalities in Imports and Exports Clearance.
  – Important provisions of GST relating to Exports: Exporting by paying IGST and claiming Refund; Exporting under LOU / BOND without paying IGST

IMPORTS

• Foreign Trade Policy relating to Imports: Restricted / Canalised / Prohibited items; Import Licences
• Import Documentation.
• Customs Clearance: Filing of Bill of Entry; Import General Manifest; Certificate of Origin; CAROTAR Rules
• Import LC – Opening Formalities.
• Important RBI guidelines relating to Imports: Payment of IGST and using ITC; Example of Calculation of Duty as per GST rule

DATE & TIME : Tuesday, May 30, 2023 – 9:30 am to 5:00 pm

PROGRAMME FEE : Rs.1000/- per person inclusive of GST, program fee, material, lunch and refreshments.

FACULTY : Mr. K. Rajasekaran, Former AGM: Global Trust Bank Ltd. and Ex-trainer: State Bank of Travancore