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Questions and Answers

Which system is primarily used for manifesting and routing?

  • eOPS
  • GENESIS
  • VISA (correct)
  • GTS EMEA Network

What is the main function of the eOPS system?

  • Tracking shipments and package inquiries (correct)
  • Managing manifest data
  • Creating customs declarations
  • Storing documentation for imports

Which system serves as the scanning and storage system for import entry documentation?

  • EIStC (correct)
  • GEMINI
  • GENESIS
  • GENIUS

Which system is used by GTS for making import entries to customs?

<p>GENIUS (A)</p> Signup and view all the answers

What type of information does the SRG – Service Reference Guide provide?

<p>Documents required for shipping commodities (C)</p> Signup and view all the answers

Which system does GENESIS feed information to regarding shipment documents?

<p>GENIUS (A)</p> Signup and view all the answers

Where can the Service Reference Guide (SRG) be accessed?

<p><a href="http://esrg.prod.fedex.com/eSRG/menu.jsp">http://esrg.prod.fedex.com/eSRG/menu.jsp</a> (B)</p> Signup and view all the answers

What is the role of the GTS EMEA Network?

<p>To facilitate the import declaration process (A)</p> Signup and view all the answers

What is the primary mission of Global Trade Services (GTS)?

<p>To support FedEx as the fastest global transportation service. (A)</p> Signup and view all the answers

Which of the following is NOT part of the Purple Promise at FedEx?

<p>Treating customers in a relaxed and informal manner. (D)</p> Signup and view all the answers

What is emphasized in the house rules for participation?

<p>Listening actively and supporting each other. (A)</p> Signup and view all the answers

Which of the following best describes the approach to customer service at FedEx?

<p>Providing outstanding service is the ultimate aim. (A)</p> Signup and view all the answers

Which statement about GTS is accurate?

<p>GTS aims to facilitate cost-efficient cross-border clearance. (B)</p> Signup and view all the answers

Which activity is part of the 'One day @ GTS Imports' overview?

<p>Regulatory compliance in cross-border shipping. (C)</p> Signup and view all the answers

What is one of the key focuses of GTS activity as outlined?

<p>Enhancing the global cross-border shipment process. (B)</p> Signup and view all the answers

In the context of FedEx, what does the emphasis on 'people' signify?

<p>Investing in people is crucial for company success. (D)</p> Signup and view all the answers

What must be included in the consignee's details on a commercial invoice?

<p>Full name, address, and telephone number (C)</p> Signup and view all the answers

What is the required information regarding the origin of merchandise on a commercial invoice?

<p>Country where the merchandise was grown, mined, or manufactured (C)</p> Signup and view all the answers

What specific details should be included about the items being shipped?

<p>Details including part numbers, serial numbers, and H.S. numbers, if available (B)</p> Signup and view all the answers

Which of the following represents the correct declaration of value in a commercial invoice?

<p>The transaction value – the price actually paid or payable (B)</p> Signup and view all the answers

If the shipment consists of more than one item, what is required for the value declaration?

<p>A value breakdown for each item must be provided (A)</p> Signup and view all the answers

What type of currency declaration is required on a commercial invoice?

<p>Only one currency type should be declared (D)</p> Signup and view all the answers

What must be included in the invoice regarding the country of origin?

<p>The manufacturing country for each item (A)</p> Signup and view all the answers

What is the purpose of signing and dating the invoice?

<p>To verify the accuracy of the information provided (C)</p> Signup and view all the answers

What is the purpose of the Air Waybill (AWB)?

<p>To track the location of the shipment (B)</p> Signup and view all the answers

Which of the following pieces of information is NOT required on an Air Waybill (AWB)?

<p>Payment method of the shipment (A)</p> Signup and view all the answers

What role does the Commercial Invoice (CI) play in international trade?

<p>It describes terms of sale and determines customs duties. (D)</p> Signup and view all the answers

What is required for a Commercial Invoice (CI) when used in foreign trade?

<p>It should be in English or have an accurate English translation. (A)</p> Signup and view all the answers

Which element is NOT included in the requirements for an Air Waybill (AWB)?

<p>Estimated delivery time (B)</p> Signup and view all the answers

What must accompany a Commercial Invoice when it is not in English?

<p>An accurate English translation. (D)</p> Signup and view all the answers

What is the significance of the AWB number?

<p>It provides a tracking mechanism for the shipment. (A)</p> Signup and view all the answers

When is a Commercial Invoice required to be presented?

<p>At the time the entry summary is filed. (A)</p> Signup and view all the answers

What issue arises when there is no declared value on a commercial invoice?

<p>It may lead to customs delays. (D)</p> Signup and view all the answers

What problem can occur if the details in the description are unreadable on a commercial invoice?

<p>The shipment could be held up for clarification. (B)</p> Signup and view all the answers

What could happen if the consignee's details are incomplete on a commercial invoice?

<p>It could cause shipping errors or delays. (A)</p> Signup and view all the answers

What does a discrepancy between the commercial invoice and the Airway Bill typically indicate?

<p>The shipment may be delayed or rejected. (A)</p> Signup and view all the answers

Why is it important to include value breakdown on a commercial invoice that contains multiple items?

<p>To provide customs with an accurate assessment for duties and taxes. (D)</p> Signup and view all the answers

Which of the following could be a consequence of having multiple items without a declared value on an invoice?

<p>Customs may question the legitimacy of the shipment. (C)</p> Signup and view all the answers

Who is responsible for bringing goods from a foreign country into the US for sale or trade?

<p>Importer (A)</p> Signup and view all the answers

What is one critical aspect that must not be overlooked regarding the consignee's or shipper's details?

<p>Completing the company name, address, and contact number. (C)</p> Signup and view all the answers

What is the purpose of the Harmonized Tariff System (HTSUS)?

<p>To assess duties and taxes on imported merchandise (A)</p> Signup and view all the answers

Why is the information provided in the presentation not intended to be binding?

<p>It may change over time and is subject to updates. (A)</p> Signup and view all the answers

Which entry type is required for all shipments valued over $2,500 USD?

<p>Formal Entry (B)</p> Signup and view all the answers

What document is essential for formal entries and must match the Customs registry?

<p>Employer Identification Number (EIN) (D)</p> Signup and view all the answers

Which party is referred to as the shipper?

<p>Party responsible for sending the shipment (B)</p> Signup and view all the answers

Who may partner with Customs as a Partnering Government Agency (PGA)?

<p>Food and Drug Administration (FDA) (D)</p> Signup and view all the answers

What is the maximum value of goods allowed for Non-Entry (Section 321)?

<p>$800 (B)</p> Signup and view all the answers

What can cause an Employer Identification Number (EIN) to become inactive?

<p>Lack of imports for one year (C)</p> Signup and view all the answers

The first six digits of HTSUS codes are recognized by which groups?

<p>Internationally by all countries (A)</p> Signup and view all the answers

What kind of information is contained in the Customer Profile Guide (CPG)?

<p>Customer contact information and commodity descriptions (C)</p> Signup and view all the answers

Flashcards

Consignee's Details

Complete name, address, telephone, and business registration/tax ID of the recipient of the shipment.

Country of Origin (COO)

Where the merchandise was grown, mined, or manufactured (following customs regulations).

Item Description

Detailed information about the items shipped (name, part numbers, serial numbers, HS numbers).

Single Currency

Invoice must use only one type of currency.

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Transaction Value

The actual price paid or payable for the goods; including free or gifted items.

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Invoice Description

A detailed and specific description of the goods.

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Value Breakdown

A separate value for each item if there are multiple items in one shipment.

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Invoice Contents

Invoice must have quantity, weight, unit price, currency, and country of origin (COO).

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GENESIS

A system that acts as a global storage location for shipment documents.

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EIStC

A system for scanning and storing import documents.

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VISA

Used for manifesting and routing FedEx shipments.

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GENIUS/GEMINI

Systems used by GTS to create customs declarations.

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eOPS

A system for tracking FedEx packages.

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SRG

A guide for shipping requirements for different countries.

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CAGE

System holding goods in customs bond for processing.

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Manifest Data Management System

A system to handle the details of shipments, including routing.

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Air Waybill (AWB)

A document detailing a shipment, enabling tracking.

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Commercial Invoice (CI)

Legal document outlining sales terms, crucial for customs.

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Customs Import Declaration

Formal document declaring imported goods for customs process.

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Supporting Commercial Documentation

Essential documents for accurate customs declarations.

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AWB Information

Data within the Air Waybill, used to create Manifest Data Entry.

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Manifest Data Entry (MDE)

Data from the AWB used in the import clearance system.

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Required Licences

Documents needed for import/export based on specific regulations.

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Commercial Invoice Contents

Information concerning the shipment (details, value, currency).

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GTS Mission

GTS enables FedEx to be the fastest global transportation service by providing compliant, cost-effective, fast, and revenue-generating cross-border customs clearance and brokerage services.

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Customs Obligation

GTS's responsibility to follow customs regulations during the import process.

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FedEx Purple Promise

To ensure outstanding customer experiences, handle transactions with accuracy, and treat customers professionally and politely.

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FedEx Philosophy

People are the most important assets; profitability comes from excellent service.

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Global Trade Services (GTS)

FedEx's department that handles global trade and customs transactions, ensuring regulatory compliance and efficient processes.

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Customs Clearance

Process of obtaining official permission from customs authorities to bring goods into a country.

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Import Process

The steps involved in bringing goods into a country from another country.

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Customs Systems

The software and databases used by customs authorities and FedEx for trade processes.

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Import Procedures

Customs processes for bringing goods into a country, based on the destination country's regulations.

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Exporter/Seller

The party sending goods internationally.

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HTSUS

Harmonized Tariff Schedule of the US; helps determine US import duties and taxes.

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Formal Entry

Customs process for high-value shipments or those requiring specific OGA handling.

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EIN

Employer Identification Number; crucial for formal import entries for the US.

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Consignee

The party receiving an international shipment.

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Country of Origin

The location where goods are made, or where the last significant process occurs.

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Informal Entry

A simpler entry process for shipments lower than $2500 USD.

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CBP

US Customs and Border Protection; handles US imports.

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CPG (Customer Profile Guide)

FedEx database containing importer information for streamlined import processes.

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Missing Invoice Value

Commercial invoice lacks a declared value or breakdown of multiple item values.

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Unreadable Invoice

Details like description and value breakdown are unclear or unreadable on the invoice.

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Incomplete Shipper/Consignee Data

Essential contact information (company name, address, phone) is missing from invoice for shipper or receiver.

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Invoice-AWB Discrepancy

Differences between details on invoice (description, value, weight, packages) and airway bill (AWB).

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Invoice Details - No Currency

The commercial invoice lacks a single currency for pricing.

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Missing Invoice Description

The item descriptions on the invoice are lacking, incomplete, or unclear.

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Invoice Value Breakdown (Multiple Items)

If there are multiple items, provide a specific value for each item on the invoice.

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Incorrect Invoice Contact Information

The information provided on the invoice for the sender or recipient (consignee/shipper) is wrong or incomplete.

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