19 Questions
What document is always required for payment according to the text?
Certificate of Origin
Who is responsible for checking that the shipped goods are in accordance with the L/C terms or purchase order?
Banks
What does 'On Document checking and verification' refer to in the given context?
Verification of documents by banks
What role do facilitators play in import-export trade according to the text?
Providing knowledge and information for international trade
Which document is NOT mandatory for payment according to the text?
Insurance Policy
What should banks do if the documents presented are not in compliance with L/C terms or purchase order?
Request amendments or clarification
What must be attested by the chamber of commerce of the country of the supplier?
'Country of origin invoice'
Which entity assists in the process of going international by supplying knowledge and information?
'Facilitators of Import-Export Trade'
What happens if documents presented are in compliance with L/C terms per the purchase order?
'Payment will be released'
What is required to be handed over by the Exporter to the person-in-charge of the conveyance before loading export goods?
Bill of Export
In the context of exporting baggage and mail bags, what is required instead of a shipping bill?
Bill of Export
What form needs to be submitted for exports by sea or air?
Shipping Bill
What is a crucial requirement for all export goods, even if no duty is payable?
'Nil Duty' Certificate
What details are typically required on the shipping bill form?
Invoice Number, Quantity, FOB Value
After the shipping bill is passed by the Export Department, where are the goods presented for examination?
Dock Shed
Who examines the goods under the supervision of the shed appraiser?
'Customs Examiner'
'Let ship' or 'let export' orders are given by the Customs Officer after ensuring what conditions?
'Prohibited Goods Check', 'Duty Payment'
What is crucial to ensure when claiming duty drawback during the export process?
'Correct Duty Claim Submission'
Who is responsible for verifying the contents before permitting clearance of goods for export?
'Customs Officer'
Test your knowledge on the various documents and permits needed for importing goods into Ethiopia, including agency agreements, bill of lading, insurance certificates, and more.
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