Webinar on

Importers - Reduce Landed Cost of Imports by Imports from FTA - PTA Countries and Benefit

26th November 2020

(11:00am to 4.30pm)

By

Mr. SM Chaturvedi

International Trade Expert

M. Com, LLB (Gen), PGDBA, PGDEM, PGDPR, PGDIR & PM

Rationale:-

During past decade gradually Indian Economy has tried to integrate itself with Global Economy. The Liberalization Policy followed has led to Increase in imports. The process has been further augmented by reduction in Tariffs and simplified Foreign Trade Policy. The measures listed above have made local market competitive in respect of import items. Hence every importer tries to minimize the landed cost of import items. One way to make imports cost effective is to effect imports from those countries with which India has Free/Preferential Trade Agreements. Such imports either eliminate the import duty element or reduce it substantially. This leads to reduced landed cost of imports.

At present there are Free Trade Agreements in existence with 16 countries and Preferential Trade Agreements with 107 countries. As per newly announced Foreign Trade Policy of 2015-20 further 34 countries would get added up to this list. Few illustrative countries are Australia, European Union, Members countries of Arab Co-operation Council etc.

Objective:-

The objective of this programme is to acquaint the participants with nuances of operating under Free/Preferential Trade Agreements.

For Whom:-

The programme would be of use and interest to all importers and professionals connected with International Business.

Agenda

Concepts

List of Countries under FTA

List of Countries under PTA

Structure of Customs Tariff

Import Documents

Customs Correlation

Tariff Classification & Tools

Computation of Landed Cost of Import

Determination & Certification of Country of Origin

Rules, governing Trade under FTA / PTA countries.

Finance Bill 2020-21 FTA / PTA

Miscellaneous

Special Feature

The Country of Origin Rules governing imports from countries under FTA / PTA have been significantly revised on 21st August,2020. Accordingly the webinar will be based on this new significant change.

Profile of Faculty

Mr. SM Chaturvedi - International Trade Expert

M. Com, LLB (Gen), PGDBA, PGDEM, PGDPR, PGDIR & PM

Mr. SM Chaturvedi is a management consultant in International Business besides being a visiting faculty with leading Institutes of Management in India. He is corporate trainer and Motivational speaker who has conducted more than 5400 seminars on all India bases besides over 260 In-company Training Programs. He possesses over 18 years of corporate experience and over 34 years of consultancy experience catering to corporate client.

He is also a consultant in the field of Foreign Trade Policy, Export-Import Customs, Exchange Control Regulations and Industrial Policy, FEMA, Laws of Weights and Measures.

How to Register:

Fees: per person

Rs. 7000 /-

USD $ 120

18 % GST is applicable

> Please write to gcmseminars@yahoo.com

> Call Mr. Rajeev Gupta- 9711114779 / 8929596899

For Whatsapp Query 09540012349

> Mode of Payment: NEFT /Paytm / Credit Card

> Cheque favouring GCM Worldwide payable at New Delhi.

> Fees include certificate of participation & Course Material.

*Terms & Conditions apply

Courses time structure:

Session  (11:00am to 4.30pm) 30mins Break Included

Pre-requisites

You should have good internet connection and good quality headphone/speaker set with Laptop / Desktop.

You should have notepad/pen to note down important points.

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