Introduction to Customs and Foreign Trade Policy (Coursera)

Learners who complete this certification can gain the skills required to apply to introductory job positions in the industry or consultancies.

This course is part of the India Customs and Allied laws Specialization Specialization.

What you'll learn

- Understand the landscape of Customs and Foreign Trade policy or FTP in terms of stakeholders, administrative and legal framework.

- Identify and describe import and export provisions and procedure.

- Identify transactions where you need to discharge Customs duty and obtain license.

- Navigate the contours of the export benefit schemes under the Foreign Trade Policy.

Syllabus

Overview of Customs

Module 1

In this module, we shall explain the legislative and procedural framework of the Customs law in India, the key stakeholders involved in the Customs process, the basic trade terms and documents for Customs compliance process. We shall then discuss the Customs clearance process and the stakeholders involved. This module will provide you with the background required to become familiar with the basic concepts and principles under Customs law.

Foreign Trade Policy

Module 2

The Foreign Trade Policy is formulated by the Director General of Foreign Trade for governance, regulation and facilitation of importers and exporters in India. In this module, we shall explain the highlights of the Foreign Trade Policy objective, the administrative mechanism and procedural overview that importers and exporters need to comply with. We shall also understand the various export schemes under the Foreign Trade Policy that businesses avail.