Coursera

Introduction to Customs and Foreign Trade Policy (Coursera)

Offered by PwC India,

This is the first 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 first learn the fundamentals of Customs legal, administrative and procedural framework. You will look into the related definitions, concepts and policy guidelines.

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Learners who complete this certification can gain the skills required to apply to introductory job positions in the industry or consultancies.
This course is part of the India Customs and Allied laws Specialization Specialization.

What you'll learn

Understand the landscape of Customs and Foreign Trade policy or FTP in terms of stakeholders, administrative and legal framework.
Identify and describe import and export provisions and procedure.
Identify transactions where you need to discharge Customs duty and obtain license.
Navigate the contours of the export benefit schemes under the Foreign Trade Policy.

Syllabus

Overview of Customs
Module 1
In this module, we shall explain the legislative and procedural framework of the Customs law in India, the key stakeholders involved in the Customs process, the basic trade terms and documents for Customs compliance process. We shall then discuss the Customs clearance process and the stakeholders involved. This module will provide you with the background required to become familiar with the basic concepts and principles under Customs law.

Foreign Trade Policy
Module 2
The Foreign Trade Policy is formulated by the Director General of Foreign Trade for governance, regulation and facilitation of importers and exporters in India. In this module, we shall explain the highlights of the Foreign Trade Policy objective, the administrative mechanism and procedural overview that importers and exporters need to comply with. We shall also understand the various export schemes under the Foreign Trade Policy that businesses avail.

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