COURSE CONTENTS

HIGHLIGHTS

  • Total 30 Sessions : Each Session : 1 hour 30 minutes
  • Weekly 4 Sessions. 2-Sessions on Saturday & 2-Sessions on Sunday.
  • Saturday 4 to 7 afternoon.
  • Sunday 9 to 12 Morning
  • Course Duration 8 Weeks only

Subject Matter of 30 Sessions

  1. How to establish export firm? How to obtain Importer Exporter Code (IEC) Number. We help you in getting I.E.C. No. of your firm/company.
  2. How to select export products? How to find overseas market? How to find overseas buyers? Export-Import Data Bank. Web Design and Development, Domain Name, Key words, Static and Dynamic Website. B2B Portals. Export Correspondence.
  3. Export Import Subject Introduction. Roll of World Trade Organisation (WTO). Free Trade Agreement (FTA). Advantages to exporters. India’s export of merchandise goods and services.
  4. H.S. Code (Harmonised Commodity Description and Coding System). ITC(HS) Classification of Export-Import Items. International Trade Advices. Glossary of International Trade.
  5. Foreign Trade Policy & Handbook of Procedures. General Provisions regarding imports and exports. Import Policy (Schedule-1). Export Policy (Schedule-2).
  6. Export Promotion Councils & Commodity Boards. Application for obtaining Registration-cum-Membership Certificate (RCMC) from EPC/Commodity Boards. Trade Fair/Exhibition abroad organized by EPC. Market Development Assistance (MDA) and Market Access Initiative (MAI) Schemes for exporters.
  7. Standard Input Output Norms (SION). Advance Authorisation, Duty Free Import Authorisation (DFIA), Export Promotion Capital Goods Scheme (EPCG).
  8. Status Holders (Export Houses). Service Exports from India Scheme (SEIS). Exports under the claim of (1) Duty Drawback and (2) Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme.
  9. Delivery Terms used in the International Trade. INCOTERMS 2020. Rights and Obligations of Seller and Buyer under Group E, Group F, Group C and Group D of Incoterms 2020.
  10. Delivery Terms under INCOTERMS 2020. EXW, FCA, FAS, FOB, CFR, CIF, CPT, CIP, DPU, DAP, DDP. Rights and Obligations of Seller and Buyer under respective delivery terms.
  11. Export Product Costing & Pricing Methods. Export Pricing Excel Worksheet on EXW, FOB, FCA, CFR, CPT, CIF, CIP Delivery Terms. Practical Assignment on Export Pricing of all delivery terms.
  12. Payment terms in exports. Advance Payment, D.P. (Documents against payment), D.A. (Documents against acceptance), Consignment Sale. Payment on providing proof of export. Uniform Rules for Collection Export Bills (URC 522).
  13. Export Documents – Principal Commercial Documents. Invoice, Packing List, Transport Documents (B/L, Airway Bill, Lorry receipt, Courier Receipt, Post parcel Receipt, Rail Receipt), Certificate of Origin, Bill of exchange, Insurance Policy/Certificate. Inspection and Certification Document, Shipment Advice.
  14. Export documents – Auxiliary Commercial Documents – Proforma Invoice, Shipper’s letter of instructions, intimation to Inspection Agency, Insurance Declaration Form, Application for issue of Certificate of Origin, Exporter’s letter to the bank for collection of export bill. Regulatory Documents – Shipping bill, Exchange Control Declaration (EDF/SDF/SOFTEX Form, Tax Invoice under GST. Document-wise and Column-wise Guidelines for preparing Principal Commercial Documents.
  15. Pre-shipment and Post shipment Export Credit in rupee and foreign currency at concessional rate of interest. Normal Transit Period. Selling Rate & Buying Rate in Foreign Exchange. Premium Quotation & Discount Quotation. Forward Contracts of buying and selling of foreign exchange.
  16. Packing & Labeling of export goods. Kind of Packing in exports.  Solid Wood Packaging Materials & Fumigation Treatment (ISPM-15). International standards for packing of Hazardous Goods. Cargo Handling Marks/Symbols. Shipping Marks and Numbers.
  17. Pre-shipment inspection of goods for export by Inspection & Certification Agencies appointed by the importing countries. Export Inspection Council of India – A Govt. of India Inspection & Certification Agency. Health Certificate for Fish and Food Products. Phytosanitary Certificate for Plant & Plant Products.
  18. Export Import of dutiable goods by Courier. Value and Weight Limits. Export and Import of Duty Free Samples by Courier. Overview on relevant Customs Regulations.
  19. Containerized Cargo. Full Container Load (FCL). Less than Container Load (LCL). Sea & Air Freight Quotations. Weight & Volume Capacity of 20′ and 40′ containers. Export of goods – Factory Stuffing. Self-sealing of containers by electronic seal. Export of goods on payment of IGST and Claim of Refund. Export of goods without payment of IGST under LUT (Letter of Undertaking). Procedure.
  20. Export of goods. Customs Broker. Entry of goods into CFS/Port. Filing of Shipping Bill through ICEGATE. Appraisal and Examination of goods by Customs. Let Export Order. Short Shipment & Shut Out Shipment. Delivery of EGM (Export General Manifest) by Carrier. Amendment to Shipping Bills.
  21. Import of goods. Delivery of IGM (Import General Manifest) by Carrier. Filing of Bill of Entry for Home Consumption or Warehousing through ICEGATE by importer. Verification of self-assessment and examination of goods by Customs. Payment of duty. “Out of Charge Order. Uncleared goods – Auction. Confiscation, Redemption Fine & Penalty.
  22. Customs Valuation (Determination of Value of Imported Goods) Rules, 2007. NIDB (National Import Database) – Overview. Types of duties levied by Customs on imported goods. Calculation of import duty on CIF value of goods. Computation of freight and insurance, when actuals of each element are not known. ImportPricing Worksheet. Study of Case Law.
  23. Foreign Exchange Management (Export of Goods & Services) Regulations, 2000. Direct dispatch of documents by exporte. Export Realisation Period, Extension, Participation in Trade Fair, Establishment of warehouse abroad, Reduction in invoice value, Resale to alternate buyers, Overdue Export Bills, Write off of unrealized export bills. Export Claims. GR waiver by RBI.
  24. Carriage of goods by Sea, Air, Road, Rail – Marine Risks. Marine Insurance Policy. Institute Cargo Clauses, War Risks Clauses, Strike Risks Clauses. Exclusion Risks Clauses. Commencement of risks and termination of risks, Warehoiuse to Warehouse – All Risks Policy, Marine Losses, Damages and Claims.
  25. Commercial & Political Risks in exports. ECGC and its Credit Risks Insurance Policies. Default by buyer,, Extension of time of payment, Conversion of Payment Term, Resale of goods to alternate buyer, Reimport of goods, Abandonment of goods at discharge port. Lodgement o fclaim. Recovery of dues by Debt Collecting Agency.
  26. Baggage Rules, 2016. Duty free allowances to incoming passengers. Export & Import of Foreign Currency and Indian Currency. Green Channel and Red Channel for customs clearance at International Air Port.
  27. Letter of Credit – How it works. Parties to Letter of Credit. SWIFT Codes and SWIFT Formats of L.C. Study of SWIFT Codes of Place & Expiry of Credit, Latest date of shipment, Period of presentation, Available with and by, Draft drawn on and Draft drawn at, Partial shipment, Transhipment, Description of goods, Documemnts required (46A), Additional Conditions (47A).
  28. Confirmed Credit, Revolving Credit, Back-to-Back Credit, Deferred Payment Credit, Transferable Credit, Stand by Credit. Case Study of Sample of Letter of Credit. Common discrepancies found by the bank in documents drawn under the credit.
  29. Uniform Customs & Practice for Documentary Credits. UCP 600 (2007 Revision) – Rules. Overview.
  30. Letter of Credit – Discrieant documents Notice of Discrepancies, Issuing Bank’s request to applicant for waiver of discrepancies, Waiver by applicant, release of documents, Non-Waiver by applicant, payment not forthcoming, return of documents. Study of two Case Law on letter of credit.

Weekly Assignments

  • On Classification of Export Import Items, Export Promotion Schemes,
  • Duty Exemption & Duty Remission Schemes, , Export Costing & Pricing,
  • Export Documentation, Valuation of Imported Goods, Calculation of Import Duty,
  • ECGC Policies and Provisions, Marine Insurance Policy & Institute Cargo Clauses.
  • 100 Marks Written Test with 100 Objective Questions at the end of the classes.
  • Students to attend the test at home.

WHAT MIND CONCEIVES AND BELIEVES, MIND CAN ACHIEVE

53

Batch

2934

Participants

380

Exporters/Importers

VENUE OF CLASSES : SUITABLE AIR CONDITIONED CONFERENCE ROOM


Saturday
4.00 to 7.00
Afternoon
Sunday
9.00 to 12.00
Morning
 

Notes

  1. Registration “First come, first registered” basis.
  2. Medium of Classes – HINDI.
  3. Comprehensive Study Material of all the 30 sessions is supplied to the students in the classes.
  4. We also provide following printed books to the students in the classes.

    ITC (HS) Classification of Export & Import Items. 

    Foreign Trade Policy and Handbook of Procedures.

    Handbook on Duty Drawback Rates.

  5. We provide on request soft copy of Export Correspondence, Export Documents, Application for Factory Stuffing and Self-sealing permission, Export Pricing Worksheet, Import Pricing Worksheet, Sample letters to Customs Broker/Shipping Line for getting sea/air freight quotation etc. anytime after the classes.
  6. Class Fee Rs. 20,000/- (Printed Books/Study Material included).  Rs. 10,000 advance on registration. Balance Rs.10,000/- payable by 10th session in any case.
  7. Students, who miss any of the sessions for any reason, may on request, attend the missed out sessions in the next batch at Rajkot.
  8. Concession of Rs. 1,000/- in Class Fee is allowed to Senior Citizens, Women, Ex-Students or his/her spouse, brother, sister, son, daughter and outstation students. Total concession not to exceed Rs. 1,000/-.