Webinar on Free Trade Agreements and CAROTAR 2020

Webinar on Free Trade Agreements and CAROTAR 2020

November 8, 2021

Webinar on Free Trade Agreements and CAROTAR 2020

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Free and Preferential Trade Agreements between the countries have become an integral part of International Trade. India is no exception to this universal phenomenon.

At present India has sixteen FTA’s & over hundred PTA’s with different countries of the world. Numerous FTAs & PTA’s are at an advanced stage of negotiation with leading Industrialized countries of the world such as the U.S.A, U.K, Mauritius, European Union etc.

To prevent misuse of the facility, the Govt. of India announced New Set of Rules, titled as “Customs (Administration of Rules of Origin under Trade Agreements) Rules, 2020” or “CAROTAR 2020” in its abbreviated form.

The objective of this webinar is to acquaint the participants and importers with the nuances of handling imports from countries under FTA / PTA with specific reference to newly announced Rules “CAROTAR 2020.

Contents :

Understanding FTAs

  • Various versions of FTAS – PTA/FTA/CECA/CEPA
  • Basic elements – Change in HS code, process of manufacture, Regional Value Content
  • Duty concessions / exemptions under FTAs – Impact on landed cost
  • Concept of Exclusion list/sensitive list, Tariff quota and safeguard measures

Import under FTAs

  • Wholly produced /partially produced goods
  • Treatment of duty
  • Documentary requirements
  • How to calculate the benefits under FTAs under imports as well as exports

Implications of CAROTAR 2020

  • New Customs rules for examination of Preferential certificate of origin under FTAs
  • Role of preferential certificate of origin
  • Obligations of importers
  • Various actions by customs
  • How to prepare with compliance for CAROTAR 2020
  • Do’s and don’ts

Methodology :

The Speaker will present a PPT with details and explain to the participants the topic in lucid and simple language. During the presentation at various intervals there will be time allotted to participants to raise query and questions so that it is interactive

Who should attend?

Exporters, Importers, Companies, Industries, CEOs, Heads of Export/Import Firms, etc

Speaker

Mr Sudhakar Kasture is a leading consultant in International Trade, since the last 40 years. He is a renowned consultant and advisor to many National & Multinational Corporations, Public limited and private limited companies etc. He has been associated with CHEMEXCIL in the capacity of Consultant for the last 15 years. He is a Director of Helpline Impex Pvt. Ltd. and a Partner in Generation Next Business Consulting. These are reputed consultancy firms offering various advisory services on international trade related issues.

He is a Mentor at EXIM Institute, which was founded by him to impart vocational training in the field of International Trade. The institute has imparted education to more than 5000 students for two decades. At present, EXIM Institute runs Advanced Certificate Programme in International Trade(ACPIT) and also conducts customized corporate training programs for various Organizations

Participation Fee :

Members Rs. 2,000 + 18% GST
Non-Members Rs. 2,500 + 18% GST
Bank Details for NEFT
Account No. 10996680930
IFSC CODE SBIN0000300
Bank Name State Bank of India
Branch Address Mumbai Main Branch

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

Contact Details :

Revati Khare || Assistant Director – International Trade and Commerce Committee
Email : international@bombaychamber.com
Tel. (D) + 91 22 6120 0231; (M) + 91 9892029473

Additional Details

Event Fees Type - Paid Event

Event or Seminar - workshop

Event registration closed.
 

Date And Time

May 10, 2022 11:00 AM to
May 10, 2022 01:00 PM
 

Registration End Date

May 09, 2022
 
Paid Event
 
Online Event
 
Workshop
 

Committee

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