IBO-04: Export Import Procedure and Documentation – 2021-22 (MCOM)

Description

TUTOR MARKED ASSIGNMENT
Course Code : IBO-04
Course Title : Export Import Procedure and Documentation
Assignment Code : IBO-04/TMA/2021-22
Coverage : All Blocks
Maximum Marks : 100

Attempt all the questions.

Question 1. What are the steps involved in the processing of an Export order? Explain them briefly. (20)

Question 2. Distinguish between:
(a) Insurance policy and Insurance Certificate.
(b) Liner and Tramp Shipping Services. (10+10)

Question 3. (a) Describe the process of preparing goods for exports and their transit to the port of shipment along with documentation formalities.
Question 3. (b) Explain the customs clearance via sea along with documentation formalities. (10+10)

Question 4. Comment on the following statements:
(a) Export houses do not get any strategic advantages through EDI.
(b) Documents against acceptance do not have a usage period.
(c) Credit is a major weapon of international competition but it involves risk.
(d) Export incentives do not promote export. (4X5)

Question 5. Write notes on the following:
(a) General Provisions for imports.
(b) Foreign Currency Account.
(c) Financing under Deferred Payment Arrangement.
(d) ISO 9000. (4X5)

Validity:

These assignments are valid for two admission cycles (July 2021 and January 2022). Validity is given below:

1. Those who are enrolled in July 2021, it is valid upto June 2022 Term End Examination and you must submit assignment to the Coordinator of your study centre latest by 15th March 2022

2. Those who are enrolled in January 2022, it is valid upto December 2022 Term End Examination and you must submit assignment to the Coordinator of your study centre latest by 15th September 2022

NOTE: You can download your files for TWO times only. Kindly save your downloaded files properly.