IBO-04 Export Import Procedures and Documentation in English Solved Assignment 2022-2023

IBO-04 Export Import Procedures and Documentation Solved Assignment 2022-2023

TUTOR MARKED ASSIGNMENT
COURSE CODE : IBO-04
COURSE TITLE : Export Import Procedure and Documentation
ASSIGNMENT CODE : IBO-04/TMA/2022-2023
COVERAGE : ALL BLOCKS

Maximum Marks: 100
Attempt all the questions:
1. (a) How is EDI different from Electronic Commerce? Why has EDI become a
necessity for International Trade?
(b) What are the principles of ECGC operation? Discuss the procedural
formalities and documents required for making a claim under ECGC?
(10+10)
2. (a) Describe the process of preparing goods for exports and their transit to the
port of shipment along with documentation formalities.
(b) Explain the customs clearance via sea along with documentation formalities.
(10+10)
3. Comment on the following:
(a) Maritime perils are same as Extraneous perils.
(b) Export incentives have become a universal practice.
(c) Credit is a major weapon of international competition but it involves risk.
(d) Domestic Sales contract is same as Export sales contract.
4. Distinguish between:
(a) FOB and CIF contract
(b) Current account transactions and Capital account transactions
(c) Voyage charter and Time charter
(d) Arbitration and Litigation
(4×5)
5. Write a short note on the following:
(a) Financing under Deferred Payment Agreements
(b) Export Promotion Council
(c) ISO9000
(d) Central Excise Clearance

IBO-04, IBO 04, IBO04, IBO-4, IBO4, IBO 4