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Post Qualification Course in International Trade Laws and World Trade Organisation
Who is eligible to join the Course?
How can a copy of Prospectus for the Course be obtained?
How to register?
When to register?
What is the Fee structure for the course?
How to get the study material for the Course?
Is any other reference material recommended for the various papers of the Course?
Where to correspond/seek any information from the Institute about the Course?
What is the overall scheme of the Course?
What is the duration of the course?
When a candidate would be eligible to appear for the Examinations?
When and where the examinations would be conducted?
From where Examination Form would be available?
What are the passing requirements for examinations?
What are the subject papers and its syllabus?
What are the Personal Contact Programmes and how to get its details?
How to register for Part II of the Course?
What is the period of Practical Training?
What is the domain area for Practical Training?
Is the practical training organisation has to be approved by the Institute?
Where this practical training can be undertaken?
Is any criteria of organisations specified for Practical Training?
Will any panel be maintained of organisations where practical training can be undertaken?
Will the candidates be entitled for any stipend/honorarium during the course of practical training?
Will the record of training also required to be maintained? If yes, in which format and how will it be reported?
What are the various requirements for submission of dissertation?
What are the requirements for interview?
When will the candidate get the DITL Certification?
What type of professional opportunities would be available to the Candidates pursuing the Post Qualification Course in International Trade Laws and World Trade Organisation?
Where to look for various announcements from the Institute relating to the Post Qualification Course in International Trade Laws and World Trade Organisation?
How do I update myself on the developments taking place at WTO with regard to Accountancy and other services?
How to address any technical queries related to WTO?
   
Who is eligible to join the Course?
A member of the Institute of Chartered Accountants of India would be eligible to join the course.
Back to questions
How can a copy of Prospectus for the Course be obtained?
The Prospectus will be available at all Regional Offices & Branches of the Institute (For a complete list of Regional Offices/Branches, please visit http://www.icai.org). The members can request the Chairmen of their respective branches to indent for the required number of copies of the Prospectus from the concerned Regional Offices. The addresses of Regional Offices are :-
  1. For Gujarat, Maharashtra, Goa and Union Territories of Daman & Diu and Dadra & Nagar Haveli:
    Joint Director of Studies, The Institute of Chartered Accountants of India, "Anveshak", 27, Cuffe Parade, Colaba, Mumbai - 400 005.

  2. For Andhra Pradesh, Kerala, Karnataka and Tamilnadu and the Union Territories of Pondichery and the Lakshadweep Islands:
    Deputy Secretary, The Institute of Chartered Accountants of India, 122, Mahatma Gandhi Road, Post Box No.3314, Nungambakkam, Chennai - 600 034.

  3. For Assam, Meghalaya, Nagaland, Orissa, West Bengal, Manipur, Tripura, Sikim, Arunachal Pradesh, Mizoram and Union Territory of Andeman & Nicobar Islands:
    Deputy Secretary, The Institute of Chartered Accountants of India,7, Anandilal Poddar Sarani, Russell Street, Kolkata - 700 071.

  4. For Uttar Pradesh, Bihar, Madhya Pradesh, Rajasthan, Uttaranchal, Jharkhand and Chhattisgarh:
    Deputy Secretary, The Institute of Chartered Accountants of India, Post Box No. 314, 16/77-B, Civil Lines, (Behind Reserve Bank of India), Kanpur 208 001. (U.P.)

  5. For Haryana, Himachal Pradesh, Jammu & Kashmir, Punjab, Delhi and Union Territory of Chandigarh:
    Deputy Secretary, The Institute of Chartered Accountants of India, 52-53-54, Institutional Area, Vishwas Nagar, Near Karkarduma Court Complex, Shahdara, Delhi - 110 032.

Prospectus would also be available at the Sale Counter of The Institute of Chartered Accountants of India, Post Box No. 7100, Indraprastha Marg, New Delhi - 110 002.

Members can also address communication for obtaining a copy of Prospectus from:-

Joint Secretary, The Institute of Chartered Accountants of India, C-1, Sector - 1, NOIDA - 201 301, Dist: Gautam Budh Nagar (U.P.) E-mail: noidastores@icai.org ; storenoida@icai.org ; castoresnoida@icai.org .
Back to questions
How to register?
Candidates can fill-in the simple Registration form for Part I provided alongwith the Prospectus and send the completed form alongwith the requisite fee by hand/registered post/courier in a cover superscribed with 'Application Form for Post Qualification Course in International Trade Laws and World Trade Organisation' to:-

The Secretary,
Committee on Economic, Commercial Laws & WTO,
The Institute of Chartered Accountants of India,
Post Box No.7100, Indraprastha Marg,
New Delhi - 110 002.
Ph: 011-30110499/09312085029
Email: cecl@icai.in;ctlwto@icai.org; ditl@icai.org;

The Registration form can also be submitted at the Institute's Regional Offices/Branches, who shall forward the same to the Secretary, Committee on Economic, Commercial Laws & WTO at the above said address. For a complete list of Regional Offices/Branches, please visit http://www.icai.org

Note: After registration, candidate will receive a unique Registration Number. He/she will have to quote this number in all correspondence with the Institute in the matters related to this course.
Back to questions
When to register?
Registration for the course is open throughout the year. The candidates shall be eligible to appear for Part I Examination to the Course only after 6 months of registration. Candidates can appear either for Group A or Group B or for both the Groups at their discretion. However, the Institute reserves the right to modify this period.
Back to questions
What is the Fee structure for the course?
The fee will be decided by the Council and will be notified from time to time. At present, the fee payable is:
(a) Prospectus Rs 150/- (or its equivalent in foreign currency)
(b) Registration fee Rs 20,000/- (or its equivalent in foreign currency) payable in following 2 Installments :-
  • 1st Installment of Rs 10,000/- (or its equivalent in foreign currency) payable at the time of Registration for Part I of the Course

  • 2nd Installment of Rs 10,000/- (or its equivalent in foreign currency) payable at the time of applying to attend the Personal Contact Programme for the Course.

Note :- Please note that Registration Fee once paid is not refundable and Institute will not entertain any correspondence in this regard.

(c) Examination Fee Rs 1,000/- for each Group (or its equivalent in foreign currency)

The Registration fee covers the cost of study material.

The candidates can pay fees only through a Demand Draft or Pay Order, drawn in favour of "The Secretary, The Institute of Chartered Accountants of India", payable at New Delhi.
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How to get the study material for the Course?
After registration, the study material for the Course in respect of all the Papers would be sent to all the candidates at their mailing address.
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Is any other reference material recommended for the various papers of the Course?
The reference material, as recommended, has been provided in the study material in respect of each Paper. As part of the Course curriculum, candidates would be advised to read the various reference books recommended as above. The recommended books and the study material provided by the Institute would supplement each other. Given the dynamic nature of the field of WTO, the Candidates are advised to update themselves with latest developments in the field by regularly accessing the relevant portals, professional periodicals/journals, latest publications available nationally or internationally and, in particular, regularly visit the Knowledge Sharing Page of the Committee on Economic, Commercial Laws & WTO at the Institute's website (http://www.icai.org). Various announcements from the Institute pertaining to the Course may be hosted, inter alia, under this Knowledge Sharing Page also.
Back to questions
Where to correspond/seek any information from the Institute about the Course?
Any information required by the candidates, except with regard to the Examinations, should be addressed to:

Secretary -Committee on Economic, Commercial Laws & WTO
The Institute of Chartered Accountants of India,
P. O. Box No. 7100, Indraprastha Marg,
New Delhi - 110 002.
E-mail: cecl@icai.in;ctlwto@icai.org; ditl@icai.org;

Any communication pertaining to the Examinations should be addressed to:

Joint Secretary - Examinations
The Institute of Chartered Accountants of India
C-1, Sector-I
NOIDA-201 301.
E-mail : icaiexam@vsnl.net

Please mark a copy to: Secretary - Committee on Economic, Commercial Laws & WTO also
Back to questions
What is the overall scheme of the Course?
Candidates must attend the Personal Contact Programmes and complete the Theoretical knowledge through self-study before they are allowed to appear for the Part I Examination of the Course consisting of 6 Papers divided into two Groups. The Personal Contact Programmes would last for a minimum period of 30 days with a minimum of 80% attendance record. After clearing the Part I Examination, candidates shall be awarded a certificate and they will be allowed to register for Part II of the Course. Practical Training will be for 30 days. After successful completion of the Practical Training, the candidates shall be required to submit a dissertation. Thereafter, the candidates shall be required to appear before an Interview Board which will mark the completion of Part II of the Course and would entitle him for the grant of Certificate and, would then be entitled to use the letters "DITL (ICAI)" after their names.
Back to questions
What is the duration of the course?
The candidates shall be eligible to appear for Part I Examination to the Course only after 6 months of registration. Candidates can appear either for Group A or Group B or for both Groups at their discretion. However, the Institute reserves the right to modify this time period. A candidate can register for Part-II of the Course after qualifying in Part I examination of the Course. The duration of the Practical Training will be for thirty days. After undergoing the Practical Training, the candidate shall be required to submit a dissertation, on a subject to be approved by Committee on Economic, Commercial Laws & WTO, within a period of three months from the date of completion of training.
Back to questions
When a candidate would be eligible to appear for the Examinations?
The Candidates shall be eligible to appear for Part I Examination to the Course only after 6 months of registration, and would be required to produce a minimum attendance record of 80% in the Personal Contact Programmes, failing which they would not be eligible to appear for the examination. Part I Examinations for the Course would consist of two Groups - Group A and Group B. Candidates can appear either for Group A or Group B or for both Groups at their discretion.
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When and where the examinations would be conducted?
Examinations will be conducted alongwith CA Examinations annually, in the month of November every year. This is subject to change at the discretion of the Institute.

The list of centers will be notified by the Examination Committee of the Institute through advertisements and such notices would also be posted on the Institute's official website (http://www.icai.org).
Back to questions
From where Examination Form would be available?
Examination form will be available from the Institute. Further correspondence in this regard may be addressed to:-

Joint Secretary - Examinations
The Institute of Chartered Accountants of India
C-1, Sector-I
NOIDA-201 301.
Back to questions
What are the passing requirements for examinations?
A candidate for the Part I examination shall ordinarily be declared to have passed the examination if he/she passes in both the groups simultaneously or in one group at one examination and in the remaining group at any subsequent examination, securing at one sitting a minimum of 40 per cent marks in each paper of the Group and a minimum of 50 per cent marks of the total marks of all the papers in that Group.
Back to questions
What are the subject papers and its syllabus?
The Part I Examination would consist of following 6 Papers of 100 Marks each comprising of two Groups:-

The knowledge of the candidates gained through self study process and attending to Personal Contact Programme would be tested at the Part I Examinations for the Course. Part I Examinations would consist of two Groups - Group A and Group B. Candidates can appear either for Group A or Group B or for both Groups at their discretion. The following Papers of 100 Marks each are contained in the two Groups:-
GROUP A
Paper I: Introduction to International Trade
Paper II: GATT, Rules of Origin and Trade Related Agreements
Paper III: GATS, TRIPS and TRIMS, SPS and Dispute settlement and review procedures in WTO.
GROUP B
Paper IV: Domestic Trade Laws
Paper V: Anti-Dumping, Anti-Subsidy and Safeguards - Laws and Practice
Paper VI: Competition Laws and Policies

The details of current syllabus for the Papers has been provided separately alongwith the Prospectus for the course. The Committee on Economic, Commercial Laws & WTO may update/revise the syllabus, from time to time, which will be intimated to the candidates enrolled for the course.
Back to questions
What are the Personal Contact Programmes and how to get its details?
The self-study aspect of the Course is augmented by Personal Contact Programmes (PCPs) in Part I of the Course for a minimum duration of 30 days. These PCPs are intended to provide candidates with insights into the working of industry and keep them abreast of latest developments relating to international trade. The PCPs will cover the subject matter of all the papers contained in Part I of the Course. The minimum attendance record of 80% at the PCPs shall be compulsory and would be required to be produced at the time of applying for Examinations for Part I of the Course.

These PCPs would be organized by the Committee on Economic, Commercial Laws & WTO of the Institute and the details of dates, time schedule and places for the PCPs shall be hosted on the website of the Institute at http://www.icai.org from time to time.
Back to questions
How to register for Part II of the Course?
After passing Part I examination, candidates can apply for registration for Part II of the Course. Application form for Part II of the Course has been provided alongwith the Prospectus for the course.

Candidates can fill-in the form and send the completed form alongwith the requisite fee (if not already paid) by hand/registered post/courier in a cover superscribed with 'Application Form for Post Qualification Course in International Trade Laws and World Trade Organisation' to:-

The Secretary,
Committee on Economic, Commercial Laws & WTO
The Institute of Chartered Accountants of India,
Post Box No.7100, Indraprastha Marg,
New Delhi - 110 002.

The form can also be submitted at the Institute's Regional Offices/Branches, who shall forward the same to the Secretary, Committee on Economic, Commercial Laws & WTO at the above said address. For a complete list of Regional Offices/Branches, please visit http://www.icai.org
Back to questions
What is the period of Practical Training?
Currently, the practical training has been specified for a period of 30 (thirty) days.
Back to questions
What is the domain area for Practical Training?
  • Anti-dumping

  • Anti-subsidies

  • Safeguards

  • Textiles and Clothing

  • Agriculture

  • Rules of Origin

  • International Dairy Agreement

  • Disputes Settlement

  • Trade in Services

  • TRIPS

  • TRIMs

  • SPS

  • Competition Law

Back to questions
Is the practical training organisation has to be approved by the Institute?
Yes, the practical training organisation and the training-in-charge has to be got approved from the Committee on Economic, Commercial Laws & WTO of the Institute before the start of training.
Back to questions
Where this practical training can be undertaken?
Commercial or industrial organizations, both within and outside India, which are primarily involved in international trade as well as transnational corporations. The details of criteria for the organizations will be provided by Committee on Economic, Commercial Laws & WTO. The training may also be undergone in any Government organization, department, directorate or industrial undertaking as may be specified by the Committee on Economic, Commercial Laws & WTO, depending upon the type of the undertaking as well as involvement of the candidate in any research project conducted by the Institute of Chartered Accountants of India or by other Institutions as may be approved by the Committee on Economic, Commercial Laws & WTO from time to time.
Back to questions
Is any criteria of organisations specified for Practical Training?
Currently, the following criteria of organizations has been specified for practical training of the candidates :-

The organizations / departments which are actively associated in one or more of the areas, as listed in 19 as earlier, continuously for a period of atleast 5 years and which have the infrastructure to support the research and training needs in those areas.

AND

The organization/ department which are either Government Departments/bodies or an Export Promotion Council dealing in the trading of commodities/ services/ organization not less than Trading House/ Research Institutions/ Commission/ Council actively engaged in one or more aspects of WTO Agreement/s/ the Special Economic Zones / Port Trust Authorities and alike or other commercial or industrial organisations both within and outside India which are primarily involved in international trade as well as transnational corporations.

OR

The training can also be undergone in firms of Chartered Accountants, however, such firms should be actively associated in one or more areas of WTO Agreement/s as listed in 19 as earlier.

The candidate shall have to approach the Committee on Economic, Commercial Laws & WTO with details of the organization/ firm where he intends to undergo 30 days practical training alongwith the details of training mentor at that organization.

Explanation - for the purpose aforesaid, the Commercial/industrial organisations both within and outside India should have a paid up capital of not less than Rs.5 crores or an average annual turnover of Rs.50 crores during the last three years.

Practical training may also be undergone in professional firms of Chartered Accountants and other consultancy firms in India and in firms of Public Accountants outside India. For this purpose, firms satisfying the following requirement may be considered suitable:
  1. The firm is having adequate assignment in the concerned area of specialization.

  2. The candidate applying for registration of practical training is working on the assignments in that area of specialization

If a member desires to undergo practical training with a firm of Public Accountants situated outside India, the partners of such firm should belong to a recognized accounting body. Such an accounting body will have to be approved by the Committee on Economic, Commercial Laws & WTO.

In deciding applications for registration, weightage will be given to the position held by the candidate and the opportunities available to him for receiving the requisite type of training and experience in the organization.

The Committee on Economic, Commercial Laws & WTO while deciding application for registration of practical training in an organization would give considerations to :
  1. The type of experience that the candidate would be getting in the organization;

  2. The environment in the organization and the facilities available for getting requisite experience;

  3. The candidate's desire to learn and urge to go beyond the formalized procedure and seek out the rationale behind methods and procedures; and

  4. The Committee on Economic, Commercial Laws & WTO may specify the criteria for organizations, service in which may be recognized towards practical training referred to hereinbefore.
Back to questions
Will any panel be maintained of organisations where practical training can be undertaken?
The candidates for the course are advised to identify the orgnisations for the practical training on their own, as per the criteria specified for the purpose. The same shall have to be got approved from the Committee on Economic, Commercial Laws & WTO. However, the Committee on Economic, Commercial Laws & WTO of the Institute has been approaching various organistions, as per the criteria specified in this behalf, in order to facilitate the members to obtain such organisations enriched in imparting practical training in the areas of WTO Agreements. The list of such suggestive organizations which may be approached, from time to time, would be hosted on the website of the Institute at http://www.icai.org.
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Will the candidates be entitled for any stipend/honorarium during the course of practical training?
The payment of stipend/honorarium for the practical training, if any, shall be as per the mutual agreement/understanding between the trainer and trainee.
Back to questions
Will the record of training also required to be maintained? If yes, in which format and how will it be reported?
A complete record of the practical training shall be maintained by the Candidates for the course. Formats for record of training and report of training shall be specified separately and be hosted at the Institute's website www.icai.org .
Back to questions
What are the various requirements for submission of dissertation?
A candidate to the Course shall also be required to submit a dissertation, after undergoing practical training, on a subject to be approved by the Committee on Economic, Commercial Laws & WTO, within a period of three months from the date of completion of training. The further requirements in this regard would be:-

  • Choose any one of the areas for dissertation as listed above.

  • Get the synopsis for dissertation approved by the Committee on Economic, Commercial Laws & WTO during the period of training.

  • Suggest a panel of guides consisting of academicians and practitioners. Committee on Economic, Commercial Laws & WTO shall choose from that panel one academician and a practitioner to act as guides for the candidates.

  • Submit dissertation within a period of three months from the completion of training on a specific WTO agreement such as Textiles or Agriculture or Sanitary and Phytosanitary measures etc., with relevant analysis, with supporting case laws highlighting the opportunities for India and Indian Service Providers. Committee on Economic, Commercial Laws & WTO may extend the time for submission of dissertation for a period not exceeding 3 months in appropriate cases.

  • The dissertation embodying the results of the training and research shall have to be submitted in English with three typewritten or printed copies.

  • A detailed statement indicating the portions of original work and the portions based on work of others, specifying the sources and the extent shall be made.

If a candidate fails to submit the dissertation within the period as specified above or such extended period as the Committee on Economic, Commercial Laws & WTO may grant, as above, his registration for practical training shall stand cancelled. Provided that the Committee on Economic, Commercial Laws & WTO may renew the registration at its discretion, on receipt of an application from the candidate together with a fee of one thousand rupees, which shall not be refunded except where the application is not entertained and on such renewal the period of training already undergone by the candidate shall be counted towards practical training.
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What are the requirements for interview?
After approval of the dissertation, the candidates shall also be required to appear before an Interview Board to be appointed by the Committee on Economic, Commercial Laws & WTO of the Institute.
Back to questions
When will the candidate get the DITL Certification?
On successful completion of the Practical Training, approval of the Dissertation and after successfully clearing the Interview, candidates would be awarded the Certificate and, would then be entitled to use the letters "DITL (ICAI)" after their names.
Back to questions
What type of professional opportunities would be available to the Candidates pursuing the Post Qualification Course in International Trade Laws and World Trade Organisation?
The Post Qualification Course in International Trade Laws and World Trade Organisation is tailor-made for Chartered Accountants who intend emerging as preferred professionals having specialized in studying the complexities of international trade. The field that lies ahead is vast and the opportunities available are plentiful. The secret of professional improvement lies in an individual's ability to cope constantly with change and encounter tough challenges. There are a plethora of opportunities in the new international trading regime. Chartered Accountants would have to re-engineer their practical skills to cope with the new challenges. Indian accounting firms are small but many of them are today in a position to effectively expand and diversify their practice in this emerging area.

To re-engineer a Chartered Accountant's practice, one would need to choose a particular area of interest in the field of WTO, which has the likelihood of attracting clients. After collecting the necessary reference material and after analyzing case-laws on WTO disputes with respect to select agreements, Chartered Accountants would be in a position to take on assignments.

With the increase in the global trade in commodities and services; it has been a natural corollary that India has also started re-looking at the role it can play for increased trade levels for the benefit of the country as a whole. The increased level of trade would propel opportunities for professionals involved in various facets of industry and more so for the Chartered Accountants who are associated with the industry as well as with the Government through professional practice or employment. The liberalised trade scenario augers well for the service providers, in general, as it offers potential to provide services not only in the domestic market but is likely to give them an opportunity into various consultancy base assignments in overseas markets. These assignments will not be confined to the core areas of accountancy but would emanate from the entire gamut of professional services.

Opportunities would primarily exist at three fundamental levels:
  • At Government levels

  • At Revenue Authorities' level

  • At Business Units' level

GOVERNMENT LEVEL
Government Interaction
Chartered Accountants can identify areas of concern, work on strategy and help evolve policies under the WTO regime. They can aid in the formulation of rules and enactment of laws for successful implementation of policies adopted by the Central and State governments. This would enable bureaucrats and political leaders to cope with and effectively tackle challenges posed by multilateral trade agreements and also take advantage of opportunities that would assist in the overall economic development of the country.
Claim Verification
ICAI members can assist Government in the verification of claims and help draw up documents recommending the need for higher budgetary support to meet technical and financial requirements of a particular industry or service. Moreover, they can play an important role in the design of policies required to safeguard the interests of socially sensitive sectors such as handicrafts and handlooms under the WTO dispensation.
Information Systems
All protective trade measures such as anti-dumping and countervailing measures by WTO members are information-sensitive. Unless the claims of an affected country are proved with appropriate data, such claims will not be acknowledged by counter-parties or Appellate Bodies at the WTO. Accordingly, the services of Chartered Accountants are required for development of right information systems and record keeping modules.
Administrative Structure
Given the reality of globalization coupled with the fact that more and more countries are periodically resorting to protective trade measures, authorities need to develop an excellent public administration structure with the suitably trained personnel and equipment to deal with situations that would arise from time to time. Chartered Accountants can study systemic issues at both State and Central government levels and devise appropriate administrative structures. They can also assist making the transition from a controlled regime to a globalised environment a smooth one.
Assisting in Regulatory mechanism for preventing abuse of dominant position
In the process of capturing the market share, it is common amongst the enterprises to abuse its dominant position through imposing unfair or discretionary practices in their commercial transactions. Such practices may be selling or fixing price which is below the cost of goods or services (i.e., predatory pricing) denial of market access to new entrants, technical or scientific developments which may be prejudicial to the consumers interest. The regulatory mechanism in preventing these detrimental practices can be ensured successfully with the hands of a person who is independent professional. In this regard, Chartered Accountants shall be having better advantage in determining and arriving at the cost of production of goods or provisioning of services.
Investigations in the area of Competition law
The appropriate authority would be initiating an inquiry into an agreement of combination, which has caused or is likely to cause an appreciable adverse effect on competition in India. Chartered Accountants, well versed in competition law, can be having an opportunity to carry out investigations on behalf of the authority as inquiry officer and in verification of books of accounts.
Other Areas in Competition Regime
  • CA can be essentially a team member of Competition Compliance Programme (CCP)
  • Can assist and guide in preparing reply to probe letter and interrogatories raised by the Director General
  • Can assist and guide in formulating trade agreement
  • Can make available his services in valuation of assets and turnover for the purpose of combinations
  • Can assist, guide and file notification relating to combination
  • Can advise in creating appropriate competition culture
  • Can assist, guide & file notification on behalf of PFIs, banks, VCFs, FIIs
  • Can assist and guide in making investment decisions keeping in view market structure
  • Can assist and guide in compliance of overseas competition laws in respect of export business
  • Can also be on the panel of Director General and assist in determining ‘profits’, ‘turnover’ for the purpose of penalties
  • Can suggest remedial action including redressal mechanism in case client is aggrieved of anti-competitive practice

REVENUE AUTHORITIES’ LEVEL
Audit and Verification
Chartered Accountants with a Diploma in International Trade Laws can assist revenue authorities at both the Central and State government levels in devising documents with various formats -- such as questionnaires in anti-dumping investigations -- as per regulatory requirements.
Providing a Link
Chartered Accountants have been providing a link between revenue authorities and business and trade organizations for more than half a century. They now need to re-engineer their profile to continue to provide such a crucial link in the transformed economic, legal and regulatory framework.
Grievance Redressal
Business entities have grievances, such as dumping in India by foreign firms and anti-dumping initiatives against India abroad, all of which cause harm to Indian industry, trade and the economy as a whole. These grievances can be tackled by Chartered Accountants and associations representing them. Apart from this, Chartered Accountants can perform other roles such as assisting revenue authorities to perform their normal responsibilities – such as proper tax collection, determination of credits, adjustments and exemptions from taxation. In addition, they can continue to play their traditional role in checking tax evasion and acting as a bridge between direct and indirect tax administrative authorities, such as between officials responsible for collecting value added tax (VAT) and those collecting personal income tax. Chartered Accountants could also assist in the certification of income tax returns of foreign entities that derive income in India.

THE BUSINESS UNITS’ LEVEL
At this level, Chartered Accountants have a wide variety of service areas to choose from:
  • Helping Indian enterprises develop competitive strengths to face global competition;
  • Identifying market opportunities for Indian enterprises;
  • Providing services to enterprises from abroad that would like to access the Indian market;
  • Working with Indian and foreign enterprises facing action under different provisions of WTO agreements;
  • Advising Indian enterprises on performance management so as to improve core competencies;
  • Consultancy services in cross-border investment, international taxation, foreign exchange management and country-wise advice on taxation, investment and related areas; and
  • Chartered Accountants can also continue to provide business enterprises with their traditional services in maintaining books of account and record keeping and ensuring the submission of proper and accurate returns and certificates

International Dimension
  • Provide services abroad by accessing foreign markets due to commitments undertaken by other countries under professional services with the opening up of service sector under GATS through:
    • Cross-border (electronically)
    • Consumption Abroad
    • Commercial Presence
    • Movement of natural persons
  • Work in specific areas under various WTO Agreements at international level in complying with their procedural and other aspects
  • Provide services to enterprises from abroad desirous of accessing Indian market
  • Work with foreign enterprises facing action under different provisions of WTO agreements
  • Provide consultancy services for cross-border investment
  • Provide services by analysis of domestic legislations of different countries in order to take advantage of various WTO Agreements for domestic industry.
  • Work with international agencies during investigations
  • Increased networking possibilities.
Back to questions
Where to look for various announcements from the Institute relating to the Post Qualification Course in International Trade Laws and World Trade Organisation?
Please see the website of the Institute at http://www.icai.org . Various announcements from the Institute pertaining to the Course may also be hosted, inter alia, under the Knowledge Sharing Page of the Committee on Economic, Commercial Laws & WTO at the Institute's website (http://www.icai.org).
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How do I update myself on the developments taking place at WTO with regard to Accountancy and other services?
Candidates may regularly visit the Knowledge Sharing Page of the Committee on Economic, Commercial Laws & WTO at the Institute's website (http://www.icai.org). The Page touches upon these aspects by giving information as well as appropriate links to prominent websites/portals covering these developments. Specific queries in this regard could be addressed to ditl@icai.org. The Committee on Economic, Commercial Laws & WTO also keeps on organizing, from time to time, awareness programs/seminars on matters related to WTO, for details, please visit the website of the Institute at http://www.icai.org .
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How to address any technical queries related to WTO?
The Committee on Economic, Commercial Laws & WTO of the Institute has established a 'WTO Technical Desk' for attending to any technical queries on the WTO issues in order to strengthen member capabilities in WTO related issues. Any specific queries can be addressed to ditl@icai.org.
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