Indirect Taxation comprising Customs & GST are comparatively little known areas with corporates in India. It is for this reason that the concept of Corporate Tax Planning does not include this two vital areas with the companies leading to High Landed Cos t of Import and impacting profitability.

As country launches its efforts to attract more overseas manufacturers to set up their manufacturing unit in India and Government policies aim at encouraging more MSMEs getting into manufacturing & service sector, it is imperative that import organization a correct import duties on their import be it Capital Goods or other manufacturing input. If practice and implemented a good knowledge on Customs Tariff and classification their under may reduce the Landed Cos t of Imports.

Course Objective

The objective of this webinar is to acquaint the participants with nuances of Customs Tariff, Classification, Exemption Notification pertaining to imports by an organization.

  • Concepts  
  • Import Importer
  • Import Documents  
  • Country of Origin Certificate  
  • Exim Codes  
  • Import Duties   
  • Assessable Value  
  • Structure of Customs Tariff  
  • Rules of Interpretation  
  • Section Notes  
  • Chapter Notes  
  • Exemption Notification  
  • Tools of Classification
  • Case Laws
  • Adjudication
  • Customs Act , 1962 & Import related Provisions
  • Customs Co-relation

All the above topics will be discussed based on current Finance Bill 2020-21 and amendments there off till date.