IB0 04 EXPORT-IMPORT
PROCEDURES AND DOCUMENTATION
June 2019
Question Paper
Time : 3 hours
Note : Answer any five questions. All
questions carry equal marks.
1. Discuss
the salient features of current Export - Import Policy. Are any changes
necessary in view of the prevailing international situation and the need to
accelerate on growth rate ?
2. Discuss
the broad objects and legal framework of customs clearance of export cargo.
Discuss briefly the procedure and related documentation involved.
3. What are
the different terms of payments used in export import trade ? What would you
consider safest from the view point of exporters ?
4. What are
the various types of cargo insurance contracts ? Describe their respective
characteristics and benefits to policy holders. Give suitable illustrations.
5. Discuss
the role of Clearing and Forwarding Agents in export-import trade. Enumerate
the various benefits which accrue to the trading community ?
6. What do
you understand by EDI (Electronic Data Interchange) ? What are the strategic
advantages an Export house may get through EDI ?
7. Explain
the procedure for :
(a) Fixation
of brand rate for duty drawback.
(b)
Obtaining Advance authorisation under Duty Exemption Scheme.
8. Write
short notes on any two of the following :
(a) ECGC
Guarantees
(b)
Incoterms
(c) Liner
and Tramp Shipping Services
(d) Self
Certification Scheme for Export Inspection
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