NMIMS Internal Assignment - Export Import Procedure and Documentation - Dec 2017

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NMIMS Internal Assignment - Export Import Procedure and Documentation - Dec 2017

Question 1. You are working as an export clearance officer in an organization. You are advised to do export clearance of one consignment of 20’container to Germany. Your company has a contract with one CFS for export. This is Ex works and there is no need for inspection certificate, certificate of origin, etc. It is a simple export. How will you handle this independently? Give step by step process of your operation. (10 Marks)

Question 2. Your company imported one consignment on FOB origin basis. Your customs broker is asking for freight certificate and insurance certificate to calculate the CIF value. You do not have both and want to clear this urgently. How will you arrive at the CIF value? Will there be any loss of duty in this method? (10 Marks)

Question 3. You observe that your customs broker is not giving good services due to which your company is facing losses. You have been asked to select a good and reliable customs broker urgently.

  1. How will you process selection of customs broker? (5 Marks)
  2. What are the criteria to select a customs broker? (5 Marks)

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NMIMS is the first b-school to be accredited by aicte and was established in 1981. It got associated to Mumbai University with a desire of empowering students to contribute in the advancement of society and also to pass on knowledge by using new technology as well as upgraded knowledge.

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