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Master of Business Administration- MBA Semester 3
IB0013 – Export-Import Management -4 Credits
(Book ID: B1201)
Assignment (60 marks)
Note: Assignment Set -1 must be written within 6-8 pages. Answer all questions.
Q1.What is Shipping Bill? Explain various types of Shipping Bills.10 marks(350-400 words)
Answer : Processing of Shipping Bill
In case of export by sea or air, the exporter must submit the ‘Shipping Bill’, and in case of export by road he must submit ‘Bill of Export’ in the prescribed form containing the prescribed details such as the name of the exporter, consignee,
Q2.What do you understand by SEZ? Discuss the facilities given to SEZ units.10 marks(350-400 words)
Answer : Special Economic Zone called as “SEZ” is a geographical region that has economic laws that are more liberal than a country’s typical economic laws. An SEZ is a trade capacity development tool, with the goal to promote rapid economic growth by using tax and business incentives to attract foreign investment and technology. By offering privileged terms, SEZs attract investment and foreign exchange, spur employment and
Q3.Explain the various types of custom duties.10 marks(350-400 words)
Answer : Types of customs Duties in India
While Customs Duties include both import and export duties, but as export duties contributed only nominal revenue, due to emphasis on raising competitiveness of exports, import duties alone constituted major part of the revenue from Customs Duties and include the following:
Basic Customs Duty
All goods imported into India
Q4.Describe the steps to be takes for establishment of Export Import firm.10 marks(350-400 words)
Answer : In continuation to our first installment which covered how to start and map out an import/export business, here we provide the sales and distribution aspects of establishing an import/export business.
• Price the product.
Q5.Write the names of principal export documents and explain any two of them.10 marks(350-400 words)
Answer : EXPORT DOCUMENTS
Documents required for an international sale can vary significantly from transaction to transaction, depending on the destination and the product being shipped. At a minimum, there will be two documents: the invoice and the transport document. The buyer will usually provide the seller with a list of documents needed to get
Q6.Write short notes on
(a) Per shipment finance
Answer : Pre-shipment is also referred as “packing credit”. It is working capital finance provided by commercial banks to the exporter prior to shipment of goods. The finance required to meet various expenses before shipment of goods is called pre-shipment finance or packing credit.
(b) post shipment finance 5 + 5 = 10 Marks(200 – 250 words each)
Answer : Post Shipment Finance is a kind of loan provided by a financial institution to an exporter or seller against a shipment that has already been made. This type of export finance is granted from the date of extending the credit after shipment of the goods to the realization date of the exporter proceeds. Exporters don’t
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