Workshop on REX & ECGC

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Event Details

Workshop on REX & ECGC - Jul 27, 2017

REX (Registered Exporter Systems)

Certificate of Origin is an important document required to be prepared by the exporter. This Certificate of Origin is of two types: Non-preferential & Preferential. There are certain countries where the importer is given concession in import duty if the Preferential Certificate of Origin is provided by the exporter.

 

There are certain rules and regulations under which this Preferential Certificate of Origin is issued. The exporter should be aware about the formalities. European Union also extend the benefit of concession in duty for the goods of Indian Origin.

 

The European Union (EU) has introduced a self-certification scheme for certifying the rules of origin under GSP from 1.1.2017 onwards. Under the Registered Exporter System (REX) being introduced from 1.1.2017, exporters with a REX number will be able to self-certify the Statement on Origin of their goods being exported to EU under the GSP Scheme.  


Topics covered :

  • The concept of Certificate of Origin

  • The Features of GSP

  • The present system of issuance of GSP

  • Role of issuing authorities like EIA / DGFT

  • Analysis of Public Notice-51

  • Changes in the new scheme

  • Procedures

  •  Benefits to the exporter

ECGC: Export Credit Guarantee Corporation

ECGC is Government of India’s undertaking.  It aims to insure the risk of credit in the export business.  Due to competition and market condition it becomes some time essential to give credit to the overseas buyer for getting business.  Credits given are not free from the risk. ECGC issues various policies to cover the probable risk of credit granted to overseas parties. 


Topics covered :

  • Introduction

  • Commercial Risk

  • Political Risk

  • Selection of the policy

  • Rate of Premium

  • Claim

  • Documentation

  • Role of Bank

  •  Responsibility of bank

Mr. Ajit Shah - Legal-Corporate Advisor for Exports & Imports      

He is a Commerce Graduate from Sydnem College. He also holds a Law degree from Mumbai University. He has spent more than 25 years in Export Import Trade. He started his carrier as a consultant for Exports & Imports. He is also a renowned speaker in the fields of Exports & Imports. He has been associated with numerous educational institutes, training colleges, banks, public sector units, Chambers of Commerce, Export Promotion Councils etc

Bombay Chamber, Mackinnon Mackenzie Bldg, 3rd Floor, Ballard Estate (Near Green Gate) Fort, Mumbai – 400001

Revati Khare || Manager - International Trade and Commerce Committee
Tel: 22 6120 0231 (M): 91 9892029473
Participation Fee :   
Members  Rs. 4000 +15% taxes
Non-Members  Rs. 4500 +15% taxes

Discount : 3 participant 10% or 5 participant 15%

 

Bank Details for NEFT

Beneficiary Account No.

10996680930

IFSC CODE

SBIN0000300

Bank Name

State Bank of India

Branch Address

Mumbai Main Branch, Mumbai Samachar Marg, Mumbai- 400 001

MICR Code   

40000 2010

Cheque /Demand Draft should be drawn in favor of “BOMBAY CHAMBER OF COMMERCE AND INDUSTRY”.

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