IBO 04 Solved Assignment 2021-22

Export Import Procedure and Documentation

COURSE CODE : IBO 04

COURSE TITLE : Export Import Procedure and Documentation

ASSIGNMENT CODE : IBO 04/TMA/2021-2022

COVERAGE : ALL BLOCKS

Maximum Marks: 100

Attempt all the questions:

1. What do you understand by Foreign Trade Policy of Government of India? Discuss the general provisions regarding Exports and Imports.

2. a) Explain customs clearance of export cargo by sea along with the documentation formalities.

b) Describe various post shipment finance available to Indian Exporters.

3. Distinguish between:

a) War Perils and Strike Perils

b) Actual Total Loss and Constructive Total Loss

4. Comment on following :

4X5

a) There is no difference between Documents Against Payment and Documents Against Acceptance.

b) Electronic Data Interchange (EDI) does not provide significant benefits to the Organization.

c) Open cover and Open policy are the same.

d) The insurance contract is not in the nature of indemnity.

5. Write notes on the following?

4X5

a) Government Policy Making and Consultation for Export Promotion in India.

b) Procedures of Central Excise rules for claiming rebate of central excise under rule 18.

c) Financing under deferred payment arrangement

d) Importance of Institutional Infrastructure

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