Basics of Indian Customs Act A Complete Study
4.6 (14 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
87 students enrolled

Basics of Indian Customs Act A Complete Study

Comprehensive course to understand and apply Customs Law in Import & Export Transactions
Highest Rated
4.6 (14 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
87 students enrolled
Last updated 11/2019
English
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Current price: $37.99 Original price: $54.99 Discount: 31% off
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This course includes
  • 1.5 hours on-demand video
  • 1 article
  • 1 downloadable resource
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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What you'll learn
  • Appreciate nuances in Customs Law
  • Gain greater clarity on legal provisions revolving imports and exports
Requirements
  • Basic knowledge of Accounting
  • Basic knowledge of Cost Accounting
  • Basic Knowledge of GST
Description

Note: This course is designed for Indian Students pursuing CA / CMA / CS Professional Courses. This course is structured following the syllabus prescribed for professional examinations of above courses. Hence, Non Indian students, please do not take this course.

Welcome to this course Basics of Indian Customs Act A Complete Study.

In this course, you will learn about legal provisions prescribed under Indian Customs Act, 1962 and it will help you to understand the act with lots of examples and case studies.

Initially only few topics are published. However, over a period of time, following topics also proposed to be included in the course. Hence, go through the course curriculum before purchasing and make your decision to buy only after ensuring, topics you require are covered in this course.

Proposed topics:

a) Levy & Exemptions from Customs Duty

b) Types of Duty

c) Classification of Imported & Exported Goods

d) Valuation under Customs Act

e) Importation, Exportation & Transportation of Goods

f) Warehousing

g) Duty Drawback

h) Demand and Recovery

i) Refund

j) Provisions / Penalties for Illegal Import, Export, Confiscation & Allied activites

k) Appeals & Revisions

l) Settlement Commission

m) Advance Ruling

See you inside the course.

Who this course is for:
  • CA Final Students
  • CMA Final Students
  • CS Students
  • Finance / Tax Executives
Course content
Expand all 30 lectures 01:40:30
+ Levy & Exemptions
23 lectures 01:19:55
Administrative aspects of Customs Act
03:51
Determining Factors for Levy & Exemption
03:08
Customs Duty Charging Section 12
02:18
Analysis of Section 12
04:29
Distinction between Clearance for Home Consumption & Clearance for Warehousing
01:37
Duty on Reimporation of Goods Produced / Manufactured in India
05:28
Case Study Duty on Reimporation of Goods Produced / Manufactured in India
03:20
Duty Liability on Goods Derelict, wreck, jetsam, flotsam, etc
02:03

Customs (Import of Goods at Concessional Rate of Duty for Manufacture of Excisable Goods) Rules, 2016

"Customs (Import of Goods at Concessional Rate of Duty for Manufacture of Exci
08:11
Meaning of Assessment
01:36
Date for determining rate of duty and tariff valuation of imported goods
04:00

Case Study - Date for determining rate of duty and tariff valuation of imported goods

Case Study - Date for determining rate of duty and tariff valuation of imported
01:39
Flow of Assessment and Clearance Procedure of Imported Goods at Customs
03:07
No Duty on Pilfered Goods (Sec 13)
07:43
Remission of Duty
03:40
Right to relinquish title to Imported Goods
01:24
Analysis of Relinquishment of Title to Goods
02:14
Difference between Sec 13 & 23 and Customs Duty
04:05
Abatement of Duty on Damaged or Deteriorated Goods
04:30
Case 1 Abatement of Duty on Damaged or Deteriorated Goods
05:51
Case 2 Abatement of Duty on Damaged or Deteriorated Goods
03:04
Denaturing or Mutilation of Goods (Sec 24)
02:36
Bonus Lecture
00:01