Date Time No. of Days Fees (Inclusive Taxes)
25/05/2023 2:00 PM - 5:00 PM 2 5015

Import Export Documentation & Procedures

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.

Course Content

  • 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┬áDocumentation
    • 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