This is the third course in Tax Academy's Customs Certification. This certification would provide you with relevant skills to apply Customs knowledge in less than two months. In this course, you will build upon your knowledge on functional aspects of some of the popular duty-saving opportunities that businesses use viz. the Free Trade Agreements or FTAs and Special Economic Zones or SEZs.
Class Deals by MOOC List - Click here and see Coursera's Active Discounts, Deals, and Promo Codes.
This course is part of the India Customs and Allied laws Specialization Specialization.
What you'll learn
- Understand the eligibility requirements, benefits, key concepts and conditions of FTA and SEZ scheme.
- The mandatory compliances that apply to users of FTAs and units under SEZs.
- Gain practical insights on compliance vis-a-vis legal provisions for different business scenarios.
- Recent developments that may have or may shape up the compliance course of FTAs and SEZs in the future.
Syllabus
Free Trade Agreement
Module 1
Free Trade Agreements are bilateral and multilateral agreements between India and other countries for reducing Customs duty on certain goods originating in the respective countries and some other benefits like reducing trade barriers in the international trade. In this module, we shall outlay the different Free Trade Agreements that exist between India and other countries, explain how to determine eligibility and other conditions of using an FTA.
SEZ
Module 2
A Special Economic Zone is a scheme to facilitate business with special trade laws in defined territory in India. In this module, we shall explain the working concepts of an SEZ, role and functions of SEZ stakeholders, types of SEZ, compliance aspects. This module will also discuss the recent developments and legislative changes proposed in the Development of Enterprises and Services Hubs Bill, 2023 that seeks to replace the current legislative and administrative framework of the SEZ Act, 2005.
