Indirect Tax Laws-II

I Customs Law as contained in the Customs Act, 1962 and the Customs Tariff Act, 1975
• Introduction to customs law including Constitutional aspects
• Levy of and exemptions from customs duties – All provisions including application of customs law, taxable event, charge of customs duty, exceptions to levy of customs duty, exemption from custom duty
• Types of customs duties

II • Classification and valuation of imported and export goods
• Officers of Customs; Appointment of customs ports, airports etc.
• Import and Export Procedures – All import and export procedures including special procedures relating to baggage, goods imported or exported by post, stores

• Provisions relating to coastal goods and vessels carrying coastal goods
• Warehousing
• Drawback
• Demand and Recovery; Refund
• Provisions relating to prohibited goods, notified goods, specified goods, illegal importation/exportation of goods

IV • Searches, seizure and arrest; Offences; Penalties; Confiscation and Prosecution
• Appeals and Revision; Advance Rulings; Settlement Commission
• Other provisions

V Foreign Trade Policy to the extent relevant to the indirect tax laws
• Introduction to FTP – legislation governing FTP, salient features of an FTP, administration of FTP, contents of FTP and other related provisions
• Basic concepts relating to import and export of goods
• Basic concepts relating to export promotion schemes provided under FTP