Webinar on

FEMA Regulations

wrt Exporters and Importers

On

28th December 2023

02:00 pm to 05:00 pm

By

Mr. K Rajasekaran

Corporate Trainer and visiting faculty at Symbiosis Institute of Management

Introduction

Exporters and Importers need to have adequate knowledge of the rules and regulations laid down under Foreign Exchange Management Act (FEMA) conveyed by RBI through various circulars. These relate to manner of payment, time limit for export receipt / import payment and documents / evidence to be submitted to the bank for reconciliation of entries under EDPMS and IDPMS as stipulated by RBI.

With this end in view the “Program on RBI/ FEMA Regulations“ has been designed to equip the exporters / importers and also junior officers in the trade finance department of the bank with the various rules, regulations and procedures communicated through FEMA Notifications and RBI Master Directions (Circulars) for proper monitoring of export and import payments..

Contents

ü Manner of receipt and permitted methods of payment relating to Exports as per FEMA

ü Third party payments (for export / import transactions) permitted by RBI

ü Exchange Earners’ Foreign Currency Account (EEFC Account)

ü Receipt of advance against exports – Time limit for shipment of goods

ü Direct dispatch of documents by the exporter – Rules / Procedures to be followed

ü Reduction in invoice value of exports/ discount allowable to overseas buyer

ü Write-off of export dues in case of buyer’s insolvency or other valid reasons

ü Set-off of export receivables against import payables

ü Third Party Payment for Import Transactions

ü Advance Remittance for Import of Goods – Need for Bank Guarantee / SLBC

ü Evidence of Import – Importance of Bill of Entry

ü Procedures and guidelines relating to EDPMS and IDPMS

Profile of Faculty

Mr. K. Rajasekaran

Corporate Trainer and visiting faculty at Symbiosis Institute of Management

Mr. K Rajasekaran is a Corporate Trainer and Visiting Faculty in banking and finance. He has more than 20 years of experience in banking and over 10 years of experience in teaching and training. He has been a Sr Executive with State Bank of Travancore (since merged with SBI) and Global Trust Bank.

He has long experience in Corporate/ SME banking, Trade Finance, Forex and banking operations. He has been regularly conducting training programs on Export Import Procedures and Documentation, Inco Terms, Letters of Credit /UCP 600 and INCOTERMS 2020, RBI Guidelines / FEMA Regulations for export/import, Trade Finance for Exporters and Importers, Finance for Non-Finance Managers and many more.

His programs have been attended by representatives from corporates like Hindustan Aeronautics / Bharat Electronics/Caterpillar/ Mangalore Refineries / Adani Power / Gujarat Ambuja Exports / Chennai Petroleum Corporation etc.

He is B.com., C.A.I.I.B. and currently he is a visiting faculty at Symbiosis Institute of Management - Bangalore, Christ University - Bangalore, Ahmedabad Management Association.

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

Fee Structure: - Per participant

Rs. 4000/-

USD 81

­­­­18% GST is applicable

> Fees include certificate of participation & Course Material.

*Terms & Conditions apply

 

Best regards

For GFORD Institute of Management Pvt Ltd

Himanshu Sharma

For Booking seats Email us : gfordseminar@outlook.com 

Mob. : 9711114779 / 9315556407

For Query and nominations – 9560940218 only Whatsapp

For unsubscribe from the mailing list, please mail us on deletemailgford@gmail.com