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Questions and Answers
What document is always required for payment according to the text?
What document is always required for payment according to the text?
- Airway Bill
- Invoice from the supplier
- Bill of Sale
- Certificate of Origin (correct)
Who is responsible for checking that the shipped goods are in accordance with the L/C terms or purchase order?
Who is responsible for checking that the shipped goods are in accordance with the L/C terms or purchase order?
- Insurance Company
- Chamber of Commerce
- Banks (correct)
- Supplier
What does 'On Document checking and verification' refer to in the given context?
What does 'On Document checking and verification' refer to in the given context?
- Verification of documents by banks (correct)
- Quality control checks
- Physical inspection of goods
- Country of origin verification
What role do facilitators play in import-export trade according to the text?
What role do facilitators play in import-export trade according to the text?
Which document is NOT mandatory for payment according to the text?
Which document is NOT mandatory for payment according to the text?
What should banks do if the documents presented are not in compliance with L/C terms or purchase order?
What should banks do if the documents presented are not in compliance with L/C terms or purchase order?
What must be attested by the chamber of commerce of the country of the supplier?
What must be attested by the chamber of commerce of the country of the supplier?
Which entity assists in the process of going international by supplying knowledge and information?
Which entity assists in the process of going international by supplying knowledge and information?
What happens if documents presented are in compliance with L/C terms per the purchase order?
What happens if documents presented are in compliance with L/C terms per the purchase order?
What is required to be handed over by the Exporter to the person-in-charge of the conveyance before loading export goods?
What is required to be handed over by the Exporter to the person-in-charge of the conveyance before loading export goods?
In the context of exporting baggage and mail bags, what is required instead of a shipping bill?
In the context of exporting baggage and mail bags, what is required instead of a shipping bill?
What form needs to be submitted for exports by sea or air?
What form needs to be submitted for exports by sea or air?
What is a crucial requirement for all export goods, even if no duty is payable?
What is a crucial requirement for all export goods, even if no duty is payable?
What details are typically required on the shipping bill form?
What details are typically required on the shipping bill form?
After the shipping bill is passed by the Export Department, where are the goods presented for examination?
After the shipping bill is passed by the Export Department, where are the goods presented for examination?
Who examines the goods under the supervision of the shed appraiser?
Who examines the goods under the supervision of the shed appraiser?
'Let ship' or 'let export' orders are given by the Customs Officer after ensuring what conditions?
'Let ship' or 'let export' orders are given by the Customs Officer after ensuring what conditions?
What is crucial to ensure when claiming duty drawback during the export process?
What is crucial to ensure when claiming duty drawback during the export process?
Who is responsible for verifying the contents before permitting clearance of goods for export?
Who is responsible for verifying the contents before permitting clearance of goods for export?
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