The document outlines the sections, units, and weightage of topics that will be covered in Part II of an exam on Customs and Foreign Trade Policy (FTP). Section I will focus most heavily on provisions related to customs duties, exemptions, classification and valuation of goods. Section II will cover import and export procedures, drawback, refunds, and export promotion schemes. Section III provides a brief introduction to customs law, FTP legislation, and concepts related to imports and exports.
The document outlines the sections, units, and weightage of topics that will be covered in Part II of an exam on Customs and Foreign Trade Policy (FTP). Section I will focus most heavily on provisions related to customs duties, exemptions, classification and valuation of goods. Section II will cover import and export procedures, drawback, refunds, and export promotion schemes. Section III provides a brief introduction to customs law, FTP legislation, and concepts related to imports and exports.
The document outlines the sections, units, and weightage of topics that will be covered in Part II of an exam on Customs and Foreign Trade Policy (FTP). Section I will focus most heavily on provisions related to customs duties, exemptions, classification and valuation of goods. Section II will cover import and export procedures, drawback, refunds, and export promotion schemes. Section III provides a brief introduction to customs law, FTP legislation, and concepts related to imports and exports.
Sections Units Weightage Module MTP Past Que Papers
RTP Note Section I (ii) Levy of and exemptions from customs duties – All provisions 40% -65% including the application of customs law, taxable the event, a charge of customs duty, exceptions to levy of customs duty, exemption from customs duty 1(iii) Types of customs duties 1(iv) Classification of imported and export goods 1(iv) Valuation of imported and export goods
Section II 20% – 45%
1(vi) Import and Export Procedures including special procedures relating to baggage, goods imported or exported by post, stores 1(ix) Drawback 1(x) Refund Foreign Trade Policy 2(ii) Basic concepts relating to export promotion schemes provided under FTP
Section III 1(1) Introduction to customs law including Constitutional aspects 10% – 20% Foreign Trade Policy
2(1) Introduction to FTP – legislation governing FTP, salient features of
an FTP, administration of FTP, contents of FTP and other related provisions 2(i) Basic concepts relating to import and export