Import Documentation & Procedures

Introduction

This comprehensive training program is designed to provide you with an in-depth understanding of the common challenges faced by importers in documentation and procedures. You will learn about the complexities of ever-changing import regulations, methods of accurate and complete documentation and tools and techniques for managing risks in international trade.

Additionally, you will gain insights into the customs classification and valuation process, compliance, handling restricted and prohibited items, securing trade finance, and resolving import-related disputes.

Course Content

Introduction to Foreign Trade Policy w.r.t. Import

Pre-Shipment Documentation

• Purchas e order and proforma invoice
• Shipping documents (e.g., bill of lading, airway bill)
• Certificates of origin
• Quality control and inspection certificates
• Insurance and freight forwarding documents.

Customs and Import Duties

• Custom Concepts related to Imports, Import Documents and Customs
• Harmonized System (HS) classification and codes
• Calculation of import duties and taxes
• Customs valuation methods

Documentation and Procedure related to Imports under Free Trade Agreement and Preferential Trade Agreement (CAROTAR)

Import Clearance Procedure

• Filing of Bill of Entry and supporting documents
• Customs examination and assessment
• Payment of import duties and taxes
• Release of goods from customs custody

Import Compliance and Risk Management

• Import restrictions and prohibited goods.
• Import controls and licensing requirements.

Group discussions and question answer sessions

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