Export Import Procedures and Documentation – What is your option of payment term for this transaction and why?

01 May

What is your option of payment term for this transaction and why?

What is your option of payment term for this transaction and why?

Export Import Procedures and Documentation

1. You are working in Procurement dept of a trading organization who distributes medical equipments. Your company wants to procure surgical equipments from domestic market. You observe, with your experience that imported product will be cheaper with better quality, and recommend the same in a procurement meeting. Management advises you to give a justification for your recommendation. Will you please highlight the reasons for international trade and why it is better to import. Based on your write up management will take a decision.

2. The present Government has merged two documents into one for importing goods into India so as to reduce the number of documents. Browse the internet and inform what are these two documents merged into one document and enlist the details of information that have to be incorporated in the merged document.

3. You are negotiating with an international buyer to export your company products and the international buyer has agreed to place orders. However, your Finance dept does not want to give any credit to the importer as you do not know them personally. You have to suggest a safest mode of payment to the importer so that your company is comfortable with the transaction.

a. What are the different type of payment terms prevailing in the international market today?

b. What is your option of payment term for this transaction and why?

NMIMS SOLVED ASSIGNMENT JUNE 2020,

NMIMS SOLVED ASSIGNMENT SOLUTION,

NMIMS SOLVED ANSWERSHEET JUNE 2020

MBA Solved Assignment Solutions

Project Report & Thesis

Contact us: – PRAKASH

Mobile: – +91- 9741410271 / 08722788493

Email: – smu.assignment@gmail.com

Visit: – http://www.mbaassignmentsolutions.com/

Export Import Procedures and Documentation – What are the different type of payment terms prevailing in the international market today?

01 May

What are the different type of payment terms prevailing in the international market today?

What are the different type of payment terms prevailing in the international market today?

Export Import Procedures and Documentation

1. You are working in Procurement dept of a trading organization who distributes medical equipments. Your company wants to procure surgical equipments from domestic market. You observe, with your experience that imported product will be cheaper with better quality, and recommend the same in a procurement meeting. Management advises you to give a justification for your recommendation. Will you please highlight the reasons for international trade and why it is better to import. Based on your write up management will take a decision.

2. The present Government has merged two documents into one for importing goods into India so as to reduce the number of documents. Browse the internet and inform what are these two documents merged into one document and enlist the details of information that have to be incorporated in the merged document.

3. You are negotiating with an international buyer to export your company products and the international buyer has agreed to place orders. However, your Finance dept does not want to give any credit to the importer as you do not know them personally. You have to suggest a safest mode of payment to the importer so that your company is comfortable with the transaction.

a. What are the different type of payment terms prevailing in the international market today?

b. What is your option of payment term for this transaction and why?

NMIMS SOLVED ASSIGNMENT JUNE 2020,

NMIMS SOLVED ASSIGNMENT SOLUTION,

NMIMS SOLVED ANSWERSHEET JUNE 2020

MBA Solved Assignment Solutions

Project Report & Thesis

Contact us: – PRAKASH

Mobile: – +91- 9741410271 / 08722788493

Email: – smu.assignment@gmail.com

Visit: – http://www.mbaassignmentsolutions.com/

You are negotiating with an international buyer to export your company products and the international buyer has agreed to place orders.

01 May

You are negotiating with an international buyer to export your company products and the international buyer has agreed to place orders. However, your Finance dept does not want to give any credit to the importer as you do not know them personally. You have to suggest a safest mode of payment to the importer so that your company is comfortable with the transaction.

Export Import Procedures and Documentation

1. You are working in Procurement dept of a trading organization who distributes medical equipments. Your company wants to procure surgical equipments from domestic market. You observe, with your experience that imported product will be cheaper with better quality, and recommend the same in a procurement meeting. Management advises you to give a justification for your recommendation. Will you please highlight the reasons for international trade and why it is better to import. Based on your write up management will take a decision.

2. The present Government has merged two documents into one for importing goods into India so as to reduce the number of documents. Browse the internet and inform what are these two documents merged into one document and enlist the details of information that have to be incorporated in the merged document.

3. You are negotiating with an international buyer to export your company products and the international buyer has agreed to place orders. However, your Finance dept does not want to give any credit to the importer as you do not know them personally. You have to suggest a safest mode of payment to the importer so that your company is comfortable with the transaction.

a. What are the different type of payment terms prevailing in the international market today?

b. What is your option of payment term for this transaction and why?

NMIMS SOLVED ASSIGNMENT JUNE 2020,

NMIMS SOLVED ASSIGNMENT SOLUTION,

NMIMS SOLVED ANSWERSHEET JUNE 2020

MBA Solved Assignment Solutions

Project Report & Thesis

Contact us: – PRAKASH

Mobile: – +91- 9741410271 / 08722788493

Email: – smu.assignment@gmail.com

Visit: – http://www.mbaassignmentsolutions.com/

Export Import Procedures and Documentation – The present Government has merged two documents into one for importing goods into India so as to reduce the number of documents

01 May

The present Government has merged two documents into one for importing goods into India so as to reduce the number of documents. Browse the internet and inform what are these two documents merged into one document and enlist the details of information that have to be incorporated in the merged document.

Export Import Procedures and Documentation

1. You are working in Procurement dept of a trading organization who distributes medical equipments. Your company wants to procure surgical equipments from domestic market. You observe, with your experience that imported product will be cheaper with better quality, and recommend the same in a procurement meeting. Management advises you to give a justification for your recommendation. Will you please highlight the reasons for international trade and why it is better to import. Based on your write up management will take a decision.

2. The present Government has merged two documents into one for importing goods into India so as to reduce the number of documents. Browse the internet and inform what are these two documents merged into one document and enlist the details of information that have to be incorporated in the merged document.

3. You are negotiating with an international buyer to export your company products and the international buyer has agreed to place orders. However, your Finance dept does not want to give any credit to the importer as you do not know them personally. You have to suggest a safest mode of payment to the importer so that your company is comfortable with the transaction.

a. What are the different type of payment terms prevailing in the international market today?

b. What is your option of payment term for this transaction and why?

NMIMS SOLVED ASSIGNMENT JUNE 2020,

NMIMS SOLVED ASSIGNMENT SOLUTION,

NMIMS SOLVED ANSWERSHEET JUNE 2020

MBA Solved Assignment Solutions

Project Report & Thesis

Contact us: – PRAKASH

Mobile: – +91- 9741410271 / 08722788493

Email: – smu.assignment@gmail.com

Visit: – http://www.mbaassignmentsolutions.com/

Export Import Procedures and Documentation – You are working in Procurement dept of a trading organization who distributes medical equipments. Your company wants to procure surgical equipments from domestic market.

01 May

You are working in Procurement dept of a trading organization who distributes medical equipments. Your company wants to procure surgical equipments from domestic market. You observe, with your experience that imported product will be cheaper with better quality, and recommend the same in a procurement meeting. Management advises you to give a justification for your recommendation. Will you please highlight the reasons for international trade and why it is better to import. Based on your write up management will take a decision.

Export Import Procedures and Documentation

1. You are working in Procurement dept of a trading organization who distributes medical equipments. Your company wants to procure surgical equipments from domestic market. You observe, with your experience that imported product will be cheaper with better quality, and recommend the same in a procurement meeting. Management advises you to give a justification for your recommendation. Will you please highlight the reasons for international trade and why it is better to import. Based on your write up management will take a decision.

2. The present Government has merged two documents into one for importing goods into India so as to reduce the number of documents. Browse the internet and inform what are these two documents merged into one document and enlist the details of information that have to be incorporated in the merged document.

3. You are negotiating with an international buyer to export your company products and the international buyer has agreed to place orders. However, your Finance dept does not want to give any credit to the importer as you do not know them personally. You have to suggest a safest mode of payment to the importer so that your company is comfortable with the transaction.

a. What are the different type of payment terms prevailing in the international market today?

b. What is your option of payment term for this transaction and why?

NMIMS SOLVED ASSIGNMENT JUNE 2020,

NMIMS SOLVED ASSIGNMENT SOLUTION,

NMIMS SOLVED ANSWERSHEET JUNE 2020

MBA Solved Assignment Solutions

Project Report & Thesis

Contact us: – PRAKASH

Mobile: – +91- 9741410271 / 08722788493

Email: – smu.assignment@gmail.com

Visit: – http://www.mbaassignmentsolutions.com/

Export Import Procedures and Documentation June 2018 Assignment

15 Apr

Export Import Procedures and Documentation

Q1 Your company has imported one consignment by sea to Mumbai Nhava Sheva seaport. As the consignment has to be cleared on arrival of ship you are asked to explore the possibility of filing advance bill of entry. Explain how will you handle this to complete the process of filing advance bill of entry. Also explain what you will do if the ship arrives late to the port.

Q2 You have imported plastic containers for audio/video cassettes. Management wants to go for self clearance without involving any customs broker to test your knowledge in the customs clearance. Your boss advises you to classify under “Plastics products”. Please advise the right classification after checking the customs tariff. Please support your decision with proper explanation based on the tariff.

Q 3 After obtaining IEC certificate, XYZ company has shifted the factory to some other location. They have approached you for your advice. According to your experience

a. what all corrections should be done in the IEC certificate by XYZ company

b. and explain the procedure in detail so that they take correct action

What are the criteria to select a customs broker

13 Sep

Export Import Procedures and Documentation

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.

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?

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.

a. How will you process selection of customs broker?

b. What are the criteria to select a customs broker?

How will you process selection of customs broker

13 Sep

Export Import Procedures and Documentation

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.

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?

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.

a. How will you process selection of customs broker?

b. What are the criteria to select a customs broker?

You observe that your customs broker is not giving good services due to which your company is facing losses

13 Sep

Export Import Procedures and Documentation

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.

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?

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.

a. How will you process selection of customs broker?

b. What are the criteria to select a customs broker?

Your company imported one consignment on FOB origin basis

13 Sep

Export Import Procedures and Documentation

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.

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?

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.

a. How will you process selection of customs broker?

b. What are the criteria to select a customs broker?