Import Documentation & Procedures
- Requirements of Importer
- IEC and Online Procedure
- Understanding Product Classification & HSN System
- Rules of Interpretation
- Concept of Valuation
- Import Duties
- Understanding Duty Calculation
- 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
- Latest Changes and updates in documents and compliances.
Export Documentation & Procedures
- Requirements for Exports – IEC/ RCMC / AD Code Registration
- Overview of GST Rules for Export
- Export Invoice
- Terms of Shipment (Incoterms(R) Rules 2020)
- Terms of Payment
- Packing List
- Shipping Bill
- Bills of Lading
- Certificate of Origin and Online Procedure
- Other documents required for export transaction
Key Areas of Scrutiny by Customs Officials
- Common Errors in Documentation: How to Avoid Them
- Accurate Product Classification and HSN Code Allocation
- Adherence to GST Regulations: Common Mistakes and Compliance
- Ensuring Correct and Complete Bill of Entry and Shipping Bill Details
- Scrutiny of Value Declarations: Under-valuation and Over-valuation Issues
- Compliance with Special Economic Zone (SEZ) and Free Trade Agreement (FTA) Regulations
- Handling of Restricted and Prohibited Goods
- Accuracy in Declaring Country of Origin
Current Challenges in Customs
- Analysis of the Contemporary Challenges Faced by Importers and Exporters
- Emerging Trends and their Impact on Customs Procedures
- Technology and Automation in Customs Processes
- Legal and Regulatory Updates Affecting Importers and Exporters
- Case Studies
Timings: 10:00 am – 5:30 pm, Registration begins at 9:30 am