FIEO to organise one-day programme on Customs Schemes for Exporters in Hyderabad

Hyderabad: The Federation of Indian Export Organisations (FIEO) to organise a one-day programme on “Customs Schemes for Exporters: Benefits, Procedures and Compliances” on October 9 in association with ICICI Bank.

According to the organisers, the programme aims to create awareness among exporters, manufacturers, MSMEs and trade stakeholders about key Customs schemes and facilitation measures available for international trade, with particular emphasis on benefits, eligibility, procedures, documentation and compliance requirements.

The programme will cover a range of important topics. These include an overview of Customs Facilitation for Exporters, including Customs' role in export promotion, ICEGATE and electronic Customs procedures, the Risk Management System, and faceless assessment. Besides, ‘Duty-Free Import Schemes’, including Advance Authorisation, Duty Free Import Authorisation (DFIA), eligibility, conditions, application and documentation.

Apart from that, ‘Export Promotion Capital Goods (EPCG) Scheme’, including import of capital goods at concessional/zero Customs duty, export obligations, procedures and compliance. It will also focus on ‘Special Customs Procedures and Facilitation’, including bonded manufacturing/warehousing, exports under bond/LUT and Customs warehousing provisions.

The programme is intended to give participants practical insights into Customs schemes and help them better understand the procedures and documentation required to use the available facilities effectively, said Unnikrishnan K., Joint Director General, FIEO. The organisers said that ‘Eligible Manufacturer Scheme and AEO/Customs Facilitation’ will cover eligibility, benefits to compliant manufacturers/exporters and procedural requirements. Customs Compliance for Exporters, including Shipping Bill and supporting documents, classification and valuation, country-of-origin requirements, record keeping, audit, common errors and penalties. Digital Customs and ICEGATE Services, along with interactive Q&A and case studies.

Senior officials from the Customs Commissionerate, Hyderabad, will give detailed presentations on the above topics and interact with participants to address practical issues related to Customs procedures and compliance. Officials from the Bank will also participate and address financial opportunities.

The organisers said that interested persons may contact R. Kulkarni, Head, Telangana Chapter, for details on participation and other information at 9848286640, email: [email protected]

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