Custom Clearance for Export

Q.

What is shipping bill?

Q.

Explain briefly the process of customs clearance of export goods.

Q.

It is the main document on the basis of which the customs office gives the permission for export.

1. Shipping Bill

2. Shipping Certificate

3. Mate's Receipt

4. Certificate of Inspection

Q.

Your firm is planning to import textile machinery from Canada. Describe the procedure involved in importing.

Q.

Discuss the principal documents used in exporting.

Q. Select the proper option from the options given below and rewrite the sentences.

The shipping company issues a ________ which is an evidence that the company has accepted the goods for shipping.

(a) Packing List
(b) Airway Bill
(c) Bill of lading

Q.

Which of the following documents is not a document related to the fulfill the customs formalities?

(a) Shipping bill

(b) Export licence

(c) Letter of insurance

(d) Proforma invoice

Q. Answer the following questions.

Explain briefly Export-Import procedures and Documentation.

Q. Select the proper option from the options given below and rewrite the sentences.

For customs clearance, the ________ is prepared by the exporter.

(a) Carting Order
(b) Letter of Origin
(c) The Shipping Bill

Q.

Rekha Garments has received an order to export 2000 men's trousers to Swift Imports Ltd. located in Australia. Discuss the procedure that Rekha Garments would need to go through for executing the export order.

Q.

The process of submitting documents and getting clearance to enter the dock area.

1. Excise duty

2. Carting Order

3. Customs clearance

4. None of the above

Q. Write short notes of the following.

Process of customs clearance of export of goods.

Q.

What is shipping bill?

Q. Write short notes of the following.

Procedure related to excise clearance of goods.

Q.

Before the goods are loaded into the ship, what does the exporter do?

1. Prepare a shipping bill

2. Review all the goods

3. None of the above

4. Prepare a customs appraiser

Q.

At the gates of the doc, the agent has to hand over a few documents and then only he has the permission to enter.

1. Mate's Receipt

2. Certificate of Inspection

3. Indent

4. Carting Order

Q. State with reasons whether the following statements are True or False.

Letter of credit is required for obtaining export license.

Q.

Your firm is planning to import textile machinery from Canada. Describe the procedure involved in importing.

Q. Select one word for the given definition:
Goods sent from one country to another for trade.

1. Import
2. Export
3. Deliver
4. Passport

Q.

Discuss the process involved in securing payment for exports.