Basics of Indian Customs Act A Complete Study

🚫 Course Alert for Prospective Indian CA/CMA/CS Students Only 🚫

Comprehensive Course to Understand and Apply Customs Law in Import & Export Transactions

🎓 Course Instructor: Raja Natarajan, B.Com., PGDBA, FCA

Course Title: Basics of Indian Customs Act A Complete Study

Embark on a Journey Through the Maze of Customs Law 🧭

Welcome to our in-depth and engaging online course, "Basics of Indian Customs Act A Complete Study." This meticulously crafted course is tailored to assist you in navigating through the complexities of India's Customs Law, which plays a pivotal role in import and export transactions.

What You Will Learn:

• Legal Grounding: Gain an understanding of the legal provisions as per the Indian Customs Act, 1962, reinforced with practical examples and case studies that bring the theory to life.

• Comprehensive Curriculum: Although initially, only a selection of topics are published, our course is designed to expand over time, ensuring comprehensive coverage of all essential aspects of Indian Customs Law. 📚

Proposed Topics Include:

• Levy & Exemptions from Customs Duty: Understand the nuances of duty impositions and exemptions available under the Act.

• Types of Duty: Learn about different types of customs duties that apply to goods being imported or exported.

• Classification of Goods: Grasp the system of classification for imported and exported goods and its implications.

• Valuation Under Customs Act: Acquire knowledge on how goods are valued under the Indian Customs Act, which is crucial for accurate duty calculations.

• Importation & Exportation: Get insights into the processes, regulations, and requirements involved in importing and exporting goods.

• Transportation of Goods: Understand the legal aspects governing the transportation of goods within and across borders.

• Warehousing: Explore the provisions for goods to be stored under customs control.

• Duty Drawback: Learn about the mechanism that allows for the refund of customs duties paid on materials imported for manufacturing exported products.

• Demand and Recovery: Understand the process of demand creation and recovery of customs dues.

• Refund Mechanism: Gain knowledge about the procedures for obtaining refunds on customs duties paid in error or as per exemption provisions.

• Provisions / Penalties for Illegal Activities: Learn about the legal repercussions and penalties associated with illegal import, export, and related activities.

• Appeals & Revisions: Familiarize yourself with the avenues available for challenging and revising customs decisions through appeals and revisions.

• Settlement Commission: Understand the role of the Settlement Commission in resolving customs disputes.

• Advance Ruling: Get to know the system of advance rulings that provides clarity on the application of customs duties before goods are imported or exported.

Why Choose This Course?

• Expert-Led Learning: Be guided by Raja Natarajan, a seasoned professional with extensive knowledge in the field.

• Interactive and Engaging Content: Engage with content that includes interactive quizzes, real-world scenarios, and expert insights.

• Comprehensive Study Material: Access detailed study materials, including PDFs and video lectures to enhance your understanding.

• Peer Interaction and Community Support: Join a community of peers, fostering an environment for learning and growth.

Who Is This Course For?

This course is specifically designed for Indian students pursuing CA / CMA / CS professional courses, aligning with the syllabus prescribed for these examinations. 🎓

Ready to master the intricacies of Indian Customs Law? Enroll in "Basics of Indian Customs Act A Complete Study" and embark on a transformative learning journey with us!