With Latest Updates in Regulations and Procedures
Introduction
Documents are a necessary evil in business transactions. Be it purcha se, sa le or shipping, a single missing or incorrectly prepared document can cause immeasurable trouble for all parties involved. In shipping, goods cannot enter or lea ve a country unless accompanied by the necessary documents.
If the paperwork is incomplete, exporters and importers can neither hand over nor colle ct their cargo. They might even end up paying a penalty and, worse, suffering a setback to their credibility.
This workshop will focus on all key documents & the latest issues.
- Latest Changes and updates in documents and compliances.
- IEC and Online Procedure
- Understanding Product Classification & HSN System
- Rules of Interpretation
- Concept of Valuation
- Import Duties
- Import Duty Calculation
- Basic Customs Duty (BCD)
- Social Welfare Surcharge
- Integrated Goods & Service Tax (IGST) / Compensation Cess
- Anti Dumping Duty (ADD)
- Safeguard Duty
- Countervailing Duty (CVD)
- Health Cess
Import Procedures
- Documents for Import
- Bill of Entry and the procedure
- e-Sanchit and uploading of documents
- Faceless Procedure on Import
- CAROTAR 2020 Rule for FTA
Export Documentation & Procedures
- GST (For terms related toExport/Import)
- Understanding Exports under GST
- Zero Rated Supply
- Procedures and Concepts of LUT/Bond for Exports
- Refun d of ITC on account of Exports
- Refun d of IGST Paid on Exports
- Export Documentation
- GST Tax Invoice / Export Invoice
- Packing List
- Shipping Bill
- Certificate of Origin
- Electronic Bills of Lading (eBL)
- Export Procedure
- Payment Realization and e-BRC
- Q&A