Rationale

New Foreign Trade Policy was announced on 1st April 2023, which was anxiously awaited by Exporters – Importers to and from India. The newly announced policy contains many significant provisions concerning Export and Import which have never been part of any Foreign Trade Policy in the past. If understood and implemented in earnest, this policy will make the Export and Import Business very lucrative for Global Entrepreneurs.

It will also serve two objectives, first reduce the landed cost of Import consignments and second, the transaction cost of Export Shipments. These two Objectives can only be attained if various provisions under Foreign Trade Policy are clearly understood.

Objective or Outcome

The objective of this program is to acquaint the participants with nuances of New Foreign Trade Policy visa-a-visa Export and Import.

Content

Structure of Foreign Trade Policy – Classification of Export and Import Goods ll Who can Export and Import under Foreign Trade Policy ll What can be Exported and Imported under Foreign Trade Policy? ll Export Promotion Capital Goods Scheme – EPCG ll Advance Authorisation and DFIA ll Amnesty Scheme – EPCG and Advance Authorization ll Deemed Export and Exporters ll Special Advance Authorisation & Duty Drawback ll SCOMET Authorization & Guidelines ll E-Commerce – Initiatives – Rewards ll Free and Preferential Trade Agreement ll Rupee Payment Mechanism – Export and Import ll RoDTEP ll Miscellaneous

Target Audience

This program is highly recommended for Directors, CEOs, International Business Owners, Business Heads, and Key Decision makers associated with International Marketing and exports.