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 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