An application for grant of an Authorisation for import of items mentioned as ‘Restricted’ in ITC (HS) may be made to RA, with a copy to DGFT Hqrs in ANF 2M along with documents prescribed therein.
Original application along with Treasury Receipt (TR) / Demand Draft shall be submitted to RA concerned and self-attested copy of same shall be submitted to DGFT in duplicate along with proof of submission of application to concerned RA.
Key Takeaways:
Export Promotion Schemes in India
Analysis of WTO' Ruling
Schemes adopted by Member Nations
Alternatives to Export Promotion Schemes
Way forward
OBJECTIVE
Import of all kinds of goods and on the export of goods on certain situations attracts customs duty. The Customs Act,1962 contains provisions which govern the levy of customs duty. In this webinar, we will be learning about the basic concepts and important definitions under the Customs Act, 1962.
Key Takeaways:
Export Promotion Schemes in India
Analysis of WTO' Ruling
Schemes adopted by Member Nations
Alternatives to Export Promotion Schemes
Way forward
OBJECTIVE
Import of all kinds of goods and on the export of goods on certain situations attracts customs duty. The Customs Act,1962 contains provisions which govern the levy of customs duty. In this webinar, we will be learning about the basic concepts and important definitions under the Customs Act, 1962.
Advance Authorisation Scheme PPT - Latest Updates Included | AfleoAfleoConsultants
Advance Authorisation Scheme is introduced to import duty-free raw materials and to export those finished goods.
Advance Authorisation Scheme PPT gives all the information about objective of Advance Authorisation scheme / Types of Schemes under Chapter- 4 / SION Norms / Self Declaration Norms / Self Ratification Norms / Prior Fixation of Norms / Value Addition / Pre-Import Condition / Actual User Condition / Validity Period of Import & Re-validation / Export Obligation (Extension in EO) / Duty Free Import Authorisation (DFIA).
Inline image 1
WORLD TRADE SERVICES
Advisory & Consultancy for Export & Import Incentives
WTS….is Emerging Export Import Consultancy Firm Promoted by Experienced & Expert Foreign Trade Consultant and Advocate.
WTS offer a prompt and hassle free Import Export Consultancy work like Import Export Documentation, Custom Clearance, Fema Cases, Freight Forwarding and DGFT Applications i.e. IEC/VKUY/ FMS/FPS/MIES/EPCG/DFIA /EXPORT HOUSE/100% EOU/SEZ/ APPROVAL/NORMS FIXATION and APEAL CASES.
WTS handle all comprehensive paper work with ATMOST CARE and provide Excellent/ valuable Services on Export Import Matters to our valued clients. We strive hard to ensure prompt execution of all necessary documents and formalities as per current EXIM POLICY. Through proper and professional approach we save our clients TIME and MONEY and Control Hidden Cost/Overhead Expenses.
We have Design SMS/Email System to update clients of their day to day paper works and DGFT Applications status.
Our Result Oriented Excellent EXIM Consultancy Services lead us a Emerging Export Import Consultancy Firm in India.
WTS is active Player in DUTY FREE IMPORT LICENCE Sale/Purchase having tie-up with leading Exporters - Importers for Buying and Selling DEPB/VKUY/FMS/FPS&DFIA Licences at Best Competitive Market Premium.
Inline image 3
OUR SERVICES
IEC – Import Export Code
RCMC - REGISTRATION & EXPORT COMPANY SET-UP
VKGUY License – Vishesh Krishi and Gram Upaj Yojana
FMS License - Focus Market Scheme
FPS License – Focus Product Scheme
MLFPS Licence - Market Linked Focus Products Scheme
MEIS Licence - Merchandise Export from India Scheme
EPCG License – Export Promotion Capital Goods
DFIA License – Duty Free Authorisation
ADVANCE AUTHORISATION SCHEME
EXPORT HOUSE CERTIFICATE
OTHER SERVICES
- AGRI. INFRASTRUCTURE INCENTIVE SCRIP.
- SEZ APPROVAL.
- ISO 9000/ISO 14000.
- D.S.C.: E-TOKEN INSTALLATION AND RENEWAL.
- CUSTOM CLEARANCE.
- FREIGHT FORWARDING & CHARTERING.
- IMPORT SOURCING.
- JOINT VENTURE.
RCMC means the Registration Cum Membership Certificate issued by the Export Promotion Council or the Commodity Board. Any exporter intending to deal with the restricted goods are mandated to obtain the RCMC registration from the Export Promotion Council or the Commodity Board established in line with the products. The Certificate authenticates that an exporter dealing with a certain product is registered with a certain agency or authority authorised by the Government of India.
To know more about RCMC Registration, visit here: https://vakilsearch.com/apeda-registration
Some of the documents required in export transaction are preliminary inquiry and offer, confirmation of order, export license, finance among others. There are two dozen commercial and regulatory documents that are involved in the pre-shipment stage of an export transaction.
For more such innovative content on management studies, join WeSchool PGDM-DLP Program: http://bit.ly/ZEcPAc
All businesses which are engaged in Import and Export of goods require to register Import Export Code . IEC Code is 10 digit code with permanent validity. IEC Code is issued by the Directorate General of Foreign Trade (DGFT), DGFT, customs, Export Promotion Council, if they don’t have this code. IMPORT EXPORT CODE is done through LegalRaasta
OBJECTIVE
Import of all kinds of goods and on the export of goods on certain situations attracts customs duty. The Customs Act,1962 contains provisions which govern the levy of customs duty. In this webinar, we shall understand the provisions relating to import and export of goods under the customs law.
Foreign Trade Policy, 2023 for MSMEs & StartupsVinit Deo
Union Commerce Minister Shri Piyush Goyal recently released the Foreign Trade Policy 2023 (FTP 23) that aims to bring new territories, products and entrepreneurs in its fold.
FTP 23 changes the focus from giving Incentives to building infrastructure so that even aspirational small exporters in remote areas of the Country can get their goods and services to international markets.
The attached presentation gives an overview of the policy and its impact on MSMEs & Startups.
Your feedback, queries and suggestions are welcome at mdoffice@posiview.in
CA Vinit Deo
CA Prajakta Shetye-Deo
#Posiview #PosiviewVentures #LanguageOfGrowth
#Innovation #Startups #StartupIndia #MSME #ForeignTrade #ForeignInvestment #AtmanirbharBharat #MakeinIndia
Advance Authorisation Scheme PPT - Latest Updates Included | AfleoAfleoConsultants
Advance Authorisation Scheme is introduced to import duty-free raw materials and to export those finished goods.
Advance Authorisation Scheme PPT gives all the information about objective of Advance Authorisation scheme / Types of Schemes under Chapter- 4 / SION Norms / Self Declaration Norms / Self Ratification Norms / Prior Fixation of Norms / Value Addition / Pre-Import Condition / Actual User Condition / Validity Period of Import & Re-validation / Export Obligation (Extension in EO) / Duty Free Import Authorisation (DFIA).
Inline image 1
WORLD TRADE SERVICES
Advisory & Consultancy for Export & Import Incentives
WTS….is Emerging Export Import Consultancy Firm Promoted by Experienced & Expert Foreign Trade Consultant and Advocate.
WTS offer a prompt and hassle free Import Export Consultancy work like Import Export Documentation, Custom Clearance, Fema Cases, Freight Forwarding and DGFT Applications i.e. IEC/VKUY/ FMS/FPS/MIES/EPCG/DFIA /EXPORT HOUSE/100% EOU/SEZ/ APPROVAL/NORMS FIXATION and APEAL CASES.
WTS handle all comprehensive paper work with ATMOST CARE and provide Excellent/ valuable Services on Export Import Matters to our valued clients. We strive hard to ensure prompt execution of all necessary documents and formalities as per current EXIM POLICY. Through proper and professional approach we save our clients TIME and MONEY and Control Hidden Cost/Overhead Expenses.
We have Design SMS/Email System to update clients of their day to day paper works and DGFT Applications status.
Our Result Oriented Excellent EXIM Consultancy Services lead us a Emerging Export Import Consultancy Firm in India.
WTS is active Player in DUTY FREE IMPORT LICENCE Sale/Purchase having tie-up with leading Exporters - Importers for Buying and Selling DEPB/VKUY/FMS/FPS&DFIA Licences at Best Competitive Market Premium.
Inline image 3
OUR SERVICES
IEC – Import Export Code
RCMC - REGISTRATION & EXPORT COMPANY SET-UP
VKGUY License – Vishesh Krishi and Gram Upaj Yojana
FMS License - Focus Market Scheme
FPS License – Focus Product Scheme
MLFPS Licence - Market Linked Focus Products Scheme
MEIS Licence - Merchandise Export from India Scheme
EPCG License – Export Promotion Capital Goods
DFIA License – Duty Free Authorisation
ADVANCE AUTHORISATION SCHEME
EXPORT HOUSE CERTIFICATE
OTHER SERVICES
- AGRI. INFRASTRUCTURE INCENTIVE SCRIP.
- SEZ APPROVAL.
- ISO 9000/ISO 14000.
- D.S.C.: E-TOKEN INSTALLATION AND RENEWAL.
- CUSTOM CLEARANCE.
- FREIGHT FORWARDING & CHARTERING.
- IMPORT SOURCING.
- JOINT VENTURE.
RCMC means the Registration Cum Membership Certificate issued by the Export Promotion Council or the Commodity Board. Any exporter intending to deal with the restricted goods are mandated to obtain the RCMC registration from the Export Promotion Council or the Commodity Board established in line with the products. The Certificate authenticates that an exporter dealing with a certain product is registered with a certain agency or authority authorised by the Government of India.
To know more about RCMC Registration, visit here: https://vakilsearch.com/apeda-registration
Some of the documents required in export transaction are preliminary inquiry and offer, confirmation of order, export license, finance among others. There are two dozen commercial and regulatory documents that are involved in the pre-shipment stage of an export transaction.
For more such innovative content on management studies, join WeSchool PGDM-DLP Program: http://bit.ly/ZEcPAc
All businesses which are engaged in Import and Export of goods require to register Import Export Code . IEC Code is 10 digit code with permanent validity. IEC Code is issued by the Directorate General of Foreign Trade (DGFT), DGFT, customs, Export Promotion Council, if they don’t have this code. IMPORT EXPORT CODE is done through LegalRaasta
OBJECTIVE
Import of all kinds of goods and on the export of goods on certain situations attracts customs duty. The Customs Act,1962 contains provisions which govern the levy of customs duty. In this webinar, we shall understand the provisions relating to import and export of goods under the customs law.
Foreign Trade Policy, 2023 for MSMEs & StartupsVinit Deo
Union Commerce Minister Shri Piyush Goyal recently released the Foreign Trade Policy 2023 (FTP 23) that aims to bring new territories, products and entrepreneurs in its fold.
FTP 23 changes the focus from giving Incentives to building infrastructure so that even aspirational small exporters in remote areas of the Country can get their goods and services to international markets.
The attached presentation gives an overview of the policy and its impact on MSMEs & Startups.
Your feedback, queries and suggestions are welcome at mdoffice@posiview.in
CA Vinit Deo
CA Prajakta Shetye-Deo
#Posiview #PosiviewVentures #LanguageOfGrowth
#Innovation #Startups #StartupIndia #MSME #ForeignTrade #ForeignInvestment #AtmanirbharBharat #MakeinIndia
Against the post-New Industrial Policy (1991) growth witnessed in large-scale industries, a corresponding boom in the small and mid-sized domestic industry has been conspicuously absent. This research seeks to document the causes for the same. Further, a comparative evaluation of Indian MSMEs with those operating in other BRICS nations will be conducted, in an attempt to understand the overall effect of the business, policy and legal/regulatory environment on the growth of MSMEs.
Industrial Policy, Fiscal Policy and Licensing PolicyPRASOON VERMA
The presentation on Industrial Policy of India, Fiscal Policy of India and Licensing Policy of India and can be used to learn and present as economics assignment
CDSCO & Central Bureau of Narcotics are the two organizations which regulate Narcotic Drugs.
ACCREDITED CONSULTANTS PVT LTD
info@acplgroupindia.co.in
+919310040434
Duty exemption and Remission Schemes FTP 2015-20Harshit Rastogi
This presentation covers chapter 4 of the Foreign Trade Policy 2015-20 of India. This particular section has greatly helped Indian Exporters to be competitive with their global counterparts. However, this has also comes with its own problems.
Foreign trade policy India chapter 2 general provision regarding export and ...DEEPAK PANT
Foreign trade policy India 2015-2020 chapter 2 general provision regarding export and import ..The general provisions governing import and export of
goods and services are dealt with in this chapter .
International Trade Logistics - Documentation.pptxDiksha Vashisht
Documents are at the heart of all logistics processes. Invoices, bills of lading, shipping slips, customs documents, and packing lists are just a few of the (typically) paper documents that are passed through many hands from supplier to receiver to end customer
Key Takeaways:
Methods of funding for investmenr in overseas JV/WOS
Capitalization of export proceeds
Investment in equity of companies registered overseas/rated debt instruments
Acquisition of foreign company through bidding or tender procedure
Launched by the Ministry of Commerce and Industry, the Duty Exemption scheme allows duty-free import of inputs that are required for the production of export. Under the Duty Remission Scheme, post export replenishment of duty is provided on inputs that are used in the export products.
Overview of the process, regulations and paperwork required to successfully import cargo, by ship, into the USA. Created to educate engineering staff on new vertical to begin the process of electronic data "push and pull" from and too ERP systems of the domestic transportation provider, the Freight Forwarder and the Customer.
VIETNAM - INVESTMENT AND DOING BUSINESS – CURRENT ISSUES AND HOW THE CPTPP FO...Dr. Oliver Massmann
VIETNAM - INVESTMENT AND DOING BUSINESS – CURRENT ISSUES AND HOW THE CPTPP FOREIGN DIRECT INVESTMENT CHAPTER AND THE EUVNA FREE TRADE AGREEMENT AND THE EU VN INVESTMENT PROTECTION AGREEMENT CAN SUPPORT LEGAL CERTAINTY AND BANKABILITY OF YOUR PROJECTS
Similar to import policy &licensing procedure (20)
In August 1994, ‘HDFC Bank’ was incorporated, with its registered office in Mumbai, India.
It commenced operations as a Scheduled Commercial Bank on 5th January 1995 after receiving banking license. The bank also entered into strategic alliance with National Westminster Bank group.
In February, 2000, Times Bank Limited merged with HDFC Bank Ltd. This was the first merger of two private banks in the New Generation Private Sector Banks category.
In 2008, Centurion Bank of Punjab was acquired by HDFC Bank Ltd. HDFC Bank Board on 25 February 2008 approved the acquisition of CBoP for Rs 9,510 core in one of the largest mergers in the financial sector in India.
In February, 2000, Times Bank Limited merged with HDFC Bank Ltd. This was the first merger of two private banks in the New Generation Private Sector Banks category.
In 2008, Centurion Bank of Punjab was acquired by HDFC Bank Ltd. HDFC Bank Board on 25 February 2008 approved the acquisition of CBoP for Rs 9,510 core in one of the largest mergers in the financial sector in India.
The entrepreneur who maintain their personal as well as work life together it known as sustain entrepreneur.
It also known as work life balance entrepreneur.
The set of managerial decisions and actions that determines the long-run performance of a corporation.
Art & science of formulating, implementing, and evaluating, cross-functional decisions that enable an organization to achieve its objectives.
Women constitute around half of the total world population. So is in India also. They are therefore regarded as the better half of the society. In traditional societies, they were confined to the four walls of houses performing household activities.
Globalisation means integrating the economy of a country with the world economy.
In India, the process of globalisation picked up with the policy reforms of 1991.
Globalisation refers to growing economic interdependence among countries in the world with regard to technology, capital, information, goods, services, etc.
In the 1970s, Benjamin Tregoe developed the concept of the driving force as a way to think about an organization’s strategic intent.
“the primary determinant of the products and services an organization will and will not offer and the markets (customers, consumers, and geographies it will and will not serve.”
In the 1970s, Benjamin Tregoe developed the concept of the driving force as a way to think about an organization’s strategic intent.
“the primary determinant of the products and services an organization will and will not offer and the markets (customers, consumers, and geographies it will and will not serve.”
Heritage means what we inherit from our ancestors and from our past.
The heritage of India is the result of developments in the social , economy , culture and life style of people.
The land and people are two component of heritage.
Google is an American multinational corporation specializing in Internet-related services and products.
you need in world wide web in the form of web pages.
Google was founded by Larry Page and Sergey Brin while they were Ph.D. students at Stanford University.
The Indian FMCG sector is the fourth largest sector in the economy.
30% revenue of the sector goes taxes.
The industry is poised to grow between 10 to 12 per cent annually
12-13 million Retail stores in India.
Technology
Flexibility & Carefree
Low cost, more value added
Coal allocation scam is a political scandal concerning the Indian government's allocation of the nation's coal deposits to Public Sector Entities (PSEs) and private companies.
In a draft report issued in March 2012, the Comptroller and Auditor General of India (CAG) office accused the Government of India of allocating coal blocks in an inefficient manner during the period 2004-2009.
An ethical dilemmas is a moral situation in which a choice has to be made between two equally undesirable alternatives
It indicates confusion related to the ethics of a person. Ethical dilemma is a complex situation which often originate from conflict between the moral imperatives of two persons.
Amul is an Indian dairy cooperative, based at Anand in the state of Gujarat, India. The word Amul is derived from the Sanskrit word amulya , meaning rare, valuable . The co-operative was initially referred to as Anand Milk Federation Union Limited hence the name AMUL.
History of AMUL
Amul (Anand Milk Union Limited), formed in 1946 is a dairy cooperative movement in India.
It is managed by Gujarat co-operative milk marketing federation Ltd.(GCMMF).
AMUL is based in anand , Gujarat and has been a sterling example of a co-operative organization's success in the long term. The Amul pattern has established itself as a uniquely appropriate model for rural development.
Amul has spurred the white revolution of India. It is also the world`s biggest vegetarian cheese brand.
In 2020, the Ministry of Home Affairs established a committee led by Prof. (Dr.) Ranbir Singh, former Vice Chancellor of National Law University (NLU), Delhi. This committee was tasked with reviewing the three codes of criminal law. The primary objective of the committee was to propose comprehensive reforms to the country’s criminal laws in a manner that is both principled and effective.
The committee’s focus was on ensuring the safety and security of individuals, communities, and the nation as a whole. Throughout its deliberations, the committee aimed to uphold constitutional values such as justice, dignity, and the intrinsic value of each individual. Their goal was to recommend amendments to the criminal laws that align with these values and priorities.
Subsequently, in February, the committee successfully submitted its recommendations regarding amendments to the criminal law. These recommendations are intended to serve as a foundation for enhancing the current legal framework, promoting safety and security, and upholding the constitutional principles of justice, dignity, and the inherent worth of every individual.
3. What Is Import??
The term import is derived
from the conceptual meaning
as to bring in the goods and
services into the port of a
country.
The buyer of such goods and
services is referred to an
"importer"
3
5. 4.Application For Grant of import license
for certain categories
An application for grant of an Authorisation for import of
items mentioned as ‘Restricted’ in ITC (HS) may be made
to RA, with a copy to DGFT Hqrs in ANF 2M along with
documents prescribed therein.
Original application along with Treasury Receipt (TR) /
Demand Draft shall be submitted to RA concerned and
self-attested copy of same shall be submitted to DGFT in
duplicate along with proof of submission of application to
concerned RA.
• ANF-2M Form 5
6. 5.Territorial Jurisdiction of import licensing
Authorities
Territorial jurisdiction is the court's power to
bind the parties to the action. This law
determines the scope of federal and state court
power
Every application, unless otherwise specified,
shall be submitted to the licensing authority
concerned, as per the territorial jurisdiction of
the licensing authorities indicated in Appendix-
27.
6
7. 6.Licensing Period, Conditions And
Validity Of Import License
Import licensing period for
import a goods its differ for
every goods under differ
Authorities rustication.
There are also differ time
period for the deemed and
exempted products of import.
7
8. Sr. No Type of Authorisation Validity Period
1 Import Export Authorisation for
restricted (Non SCOMET) goods
12 months (However, EFC may decide to
issue Export Authorisation for a longer
duration in case of R&D
studies based on recommendation of
technical authority)
2 Import Export Authorisation for
SCOMET items
24 months
3 Import Authorisations for
restricted items and CCP
18 months
4 IEPCG Authorisation 18 months
5 Advance Authorisations (AA)
for Deemed import
Coterminous with contracted duration of
project execution or 12 months,
whichever is more.
6 AA {except (v) above},
DFIA, Replenishment
Authorisation for Gems &
Jewellery as per Chapter 4 of FTP.
12 months from issue date.
8
9. Conditions of Licensing Period
Where an Authorisation expires during the month, such
Authorization shall be deemed to be valid until last day of
concerned month.
This provision would be applicable even for a revalidated
Authorization.
Validity of an import Authorization is decided with
reference to date of shipment / dispatch of goods from
supplying country as given in Paragraph 9.11 A of HBP v1
and not the date of arrival of goods at an Indian port. 9
10. Provisions shall not be applicable to DEPB, Service
Providers under SFIS, VKGUY and duty credit scrip's issued
under FMS and FPS, which are duty credit entitlements and
must be valid on date on which actual debit of duty is
made.
10