About Workshop
This course will cover different types of financing provided by Bank/Financial Institutions related to Export-Import business.
Benefit
• To disseminate the basic concepts of Documentary Credit, universal customs to the trainees & hands on practice of documentary credit.
• To accustom the trainees with the practices followed by Banks in issuance of Letter of Credit, Scrutiny of documents, Lodgement of documents & retirement procedures.
• To acquaint the participants with Pre & Post Import financing procedures.
• To increase capacity of Trainees on Export finance and shipping documents.
• To improve skill of trainees on Import/Export related jobs effectively & independently.
Workshop topics to be covered:
• Essential Features of Import Chapter of GFET, Import Policy order
• Procedure of getting different types of IRC from C.C.I.E. and renewal there against. Exemption of IRC.
• Issuance/Registration/Maintenance of LCA form.
• Opening of Cash L/C for both new & regular customer. Essential requirements for considering LC proposals. Add Confirmation & Performance Guarantee clause
• Lodgment of shipping documents, scrutiny of the same & necessary measures required to be taken against regular and discrepant documents as per UCPDC.
• Opening of BTB LC including EDF for New & Regular Customers.
• Settlement of Import bills from regular exports or export fails.
• Procedure & formalities of creating SOD.
• Procedure for allowing Packing Credit & adjustment of the same.
• Essential features Export chapter of GFET & Export Policy.
• Negotiation of Export Bills (Garments & Non Garments) against regular & discrepant documents as per UCPDC
• Handling of claims under Cash Incentive/Duty Draw Back
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