The Bengal Chamber of Commerce and Industry organized a Webinar on ‘Export Refund - Inverted Duty Refund & Foreign Trade Policy with regard to Export including RoDTEP’ on 13th October, 2020 on Zoom.

Welcome and Introductory Address was given by Mr. T. B. Chatterjee, Chairperson - Indirect Taxes Committee, The Bengal Chamber of Commerce and Industry & Partner, TCN Global and Economic Advisory Services LLP.

Technical Session I covered GST with regard to Export Refund, How Refund amount is computed, What process is to be followed to compute the Export Refund - Refund formalities, What is Inverted Duty, How Inverted Duty Refund is calculated and What are the ITC not considered for the purpose of computing Refund in terms of Notification No. 21 and 26.  The Session was conducted by Mr. Shrenik Mehata, Indirect Tax Manager, Price Waterhouse & Co. LLP.

Mr. T. B. Chatterjee, Chairperson - Indirect Taxes Committee, The Bengal Chamber of Commerce and Industry & Partner, TCN Global and Economic Advisory Services LLP and Mr.  Subhasish Sarkar, Partner – TCN Global and Economic Advisory Services LLP addressed the Technical Session II. The Session covered Foreign Trade Policy with regard to Export, India's Export position, Duty Exemption Benefits, Export Incentives, RoDTEP benefits- how to compute the rate and RoDTEP on certain specific sectors.

The Technical Sessions were followed by an interactive session with the participants. The Webinar was attended by more than 50 delegates.