Webinars on

Imports - Importers &

Exchange Control Regulations (Know & Comply)

Exports - Exporters &

Exchange Control Regulation (Know & Comply)

On

23rd August 2020

11:00 AM to 2.00 PM

On

23rd August 2020

3:00 PM to 6.00 PM

By

Mr. SM Chaturvedi

International Trade Expert

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

Rationale:

During past decade, Foreign Trade Policy has undergone massive change. The most impacted area of this change & liberalisation has been Imports. Liberalisation of Imports has been accompanied by reduction in customs tariff as well as liberalization of Exchange Control Regulations effected by Reserve Bank of India.

As exports along with Make in India has been identified as Thrust Area by the Government, increased, volumes of exports will be accompanied by massive imports as well, Since imports also cater to, consumer durables and industrial requirements. The surge in imports has brought in its wake its own operational issues for all importers. While, awareness on Foreign Trade Policy & Custom Regulations has spread among importers, knowledge on import related issues connected with FEMA Regulations is generally lacking. Moreover, various measures of liberalisation initiated by Reserve Bank of India have not percolated down among Banks & Importers. This frequently causes delays in decision making, ad-hockim & violation of FEMA Regulations, most of the time inadvertently.

Objective:

This webinar has been planned with a view impart, knowledge on FEMA, 1999 & applicable Regulations relating to Imports.

For Whom:

The programme would be of interest to all Importers, Corporates, Banks, Commercial Managers, Import Managers and all those who are interested in the subject.

Contents

Concepts Correlation

Time Limit for Settlement of Import Payments

Advance Remittance

Interest on Import Bills

Remittances against replacement imports

Guarantee for replacement import

Evidence of Imports

Foreign Exchange Management (Current A/c Transaction) Rules, 2000

Contravention & Penalties

Adjudication & Appeals

Miscellaneous (IDPMS)

 

Special Feature:

Analysis of Master Direction on Import of Goods & Services announced by RBI on 1st January, 2016 and last amendment 27th January, 2020

Rationale:

Exports has been rightly identified as thrust area by the Government of India. All efforts are being made by Trade, Industry, Government and allied agencies to ensure that all hindrances in the way of exports are removed and minimised.

The surge in exports has brought in its wake its own operational issues for all exporters. While awareness on Foreign Trade Policy, Export Incentive and Customs Regulations has spread among exporters, knowledge on Export related issues connected with FEMA Regulations is generally lacking. Moreover various liberalisations initiated by Reserve Bank of India have not percolated down among Banks and Exporters. This frequently causes delays in decision making, ad-hockism & violation of FEMA Regulations, most of the time inadvertently.

Objective:

This webinar has been planned with a view to impart, knowledge on FEMA, 1999 & applicable Regulations relating to Exports.

For Whom:

This webinar would be of interest to Exporters, Banks, Export Professionals, Company Secretaries, Chartered Accountants & all those who want to acquire knowledge on FEMA related issues connected with Exports.

 

 

 

Contents

Concepts - FEMA Correlation

FEMA Provisions relating to Export of Goods & Services

Export Declarations

Realization of proceeds and manner thereof

Period of Realisation

Transfer of Documents

Exports requiring Reserve Bank of India approval

Delay in receiving Export payment

Advance payment for exports

Agency commission on exports

Refund of Export proceeds

Payment from EEFC Account

Foreign Exchange Management (Export of Goods & Services), Regulations 2000

Contravention & Penalties, Adjudication & Appeals

Question & Answers.

Special Feature

Analysis of Master Direction on Export of Goods & Services announced by RBI on 12th January, 2018 and updated till date.

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.

Courses time structure:

In both Session  30 mins 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.

How to Register:

Fees:

Per person per session

Rs. 2000 /-

USD $ 35

Fees:

Per person both sessions

Rs. 4000 /-

USD $ 70

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.

GCM Worldwide

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