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Tuesday, October 1, 2024

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Advanced Certificate Course on International Trade and Custom Regulations

Bombay Chamber of Commerce and Industry organised an Advanced Certificate Course on International Trade and Custom Regulations on September 19 & 20, 2024 at the Ruby by renowned trade consultant Dr Joshua Ebenezer.

The certificate course was attended by professionals from diverse industries, focusing on enhancing their understanding of global trade, customs regulations, and audit practices.

 

Day 1: Global Trade Fundamentals and Post-Clearance Audits

 

The session kicked off at 10:30 AM, with an insightful discussion on the genesis and evolution of global trade organizations such as the World Trade Organisation (WTO) and the World Customs Organisation (WCO). Participants learned about the core functions of these institutions, their impact on global trade, and the obligations of member countries under various trade agreements.

The session also covered post-clearance audits and the advance ruling mechanism, offering participants practical insights into navigating the complexities of customs compliance and decision-making processes within the international trade framework.

Day 2: Customs Valuation, Rules of Origin and Advanced Audits

 

Due to popular demand, the second day commenced earlier at 9:30 AM. The focus was on customs valuation, rules of origin, export controls, and audits and investigations, with special attention to the newly introduced advanced customs audit processes. Participants engaged in a robust Q&A session, where they discussed complex scenarios and solutions tailored to their industries.

The day concluded at 5:00 pm, with participants praising the content-rich program and the interactive format that kept them fully engaged without distractions from their phones or work.

 

Feedback and Future Sessions

 

The participants provided very positive feedback about the program, appreciating both the content and the interactive nature of the sessions. Based on this encouraging response, the Chamber is exploring the possibility of conducting more such sessions shortly to meet the growing demand for expertise in customs and international trade.

The program was a resounding success, providing attendees with invaluable insights into international trade and customs regulations. This initiative marks a milestone in the Bombay Chamber’s efforts to provide high-quality certification courses, and we look forward to welcoming more participants in future sessions.

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