Category: Customs Shipping and Insurance

Custom Shipping and Insurance – Support your decision with proper reasons

01 May
MBA Assignment Admin 0 Comment Customs Shipping and Insurance

Support your decision with proper reasons.

Support your decision with proper reasons.

Custom Shipping and Insurance

1. During a voyage a ship was nearing a port. However, it started tilting due to some technical issues. Captain has decided to throw some cargo from the top deck to reach the port safely. Under which clause of Marine policy, a captain of a ship throws some goods into the sea to reduce the weight of ship and save the other cargo and how this loss is compensated to the people who lost the cargo.

2. A cargo ship has arrived in Mumbai Port and completed the unloading and loading process of cargo. Customs officials got a tip off that the ship was carrying some contraband goods. Customs rushed to the ship with the entire team to search the ship. The captain refused to allow them to enter as they don’t have right to do so. However Indian customs barged into the ship and broke open various rooms and confiscated the contraband goods. Under which section of the Customs Act 1962 the customs officers have the power to stop and search the conveyances?

3. Your company has imported one consignment by sea. The seaport is 80 km away from your office. You are heading the import export dept and has to clear this. You have limited manpower to handle the dept.

a. What would be your proposal to the management to clear this. i.e. whether to do self clearance through your staff or outsource to a customs broker (erstwhile customs clearing agent).

b. Support your decision with proper reasons.

NMIMS SOLVED ASSIGNMENT JUNE 2020,

NMIMS SOLVED ASSIGNMENT SOLUTION,

NMIMS SOLVED ANSWERSHEET JUNE 2020

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Project Report & Thesis

Contact us: – PRAKASH

Mobile: – +91- 9741410271 / 08722788493

Email: – smu.assignment@gmail.com

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

Custom Shipping and Insurance – What would be your proposal to the management to clear this. i.e. whether to do self clearance through your staff or outsource to a customs broker (erstwhile customs clearing agent).

01 May
MBA Assignment Admin 0 Comment Customs Shipping and Insurance

What would be your proposal to the management to clear this. i.e. whether to do self clearance through your staff or outsource to a customs broker (erstwhile customs clearing agent).

Custom Shipping and Insurance

1. During a voyage a ship was nearing a port. However, it started tilting due to some technical issues. Captain has decided to throw some cargo from the top deck to reach the port safely. Under which clause of Marine policy, a captain of a ship throws some goods into the sea to reduce the weight of ship and save the other cargo and how this loss is compensated to the people who lost the cargo.

2. A cargo ship has arrived in Mumbai Port and completed the unloading and loading process of cargo. Customs officials got a tip off that the ship was carrying some contraband goods. Customs rushed to the ship with the entire team to search the ship. The captain refused to allow them to enter as they don’t have right to do so. However Indian customs barged into the ship and broke open various rooms and confiscated the contraband goods. Under which section of the Customs Act 1962 the customs officers have the power to stop and search the conveyances?

3. Your company has imported one consignment by sea. The seaport is 80 km away from your office. You are heading the import export dept and has to clear this. You have limited manpower to handle the dept.

a. What would be your proposal to the management to clear this. i.e. whether to do self clearance through your staff or outsource to a customs broker (erstwhile customs clearing agent).

b. Support your decision with proper reasons.

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/

Your company has imported one consignment by sea. The seaport is 80 km away from your office. You are heading the import export dept and has to clear this. You have limited manpower to handle the dept.

01 May
MBA Assignment Admin 0 Comment Customs Shipping and Insurance

Your company has imported one consignment by sea. The seaport is 80 km away from your office. You are heading the import export dept and has to clear this. You have limited manpower to handle the dept.

Custom Shipping and Insurance

1. During a voyage a ship was nearing a port. However, it started tilting due to some technical issues. Captain has decided to throw some cargo from the top deck to reach the port safely. Under which clause of Marine policy, a captain of a ship throws some goods into the sea to reduce the weight of ship and save the other cargo and how this loss is compensated to the people who lost the cargo.

2. A cargo ship has arrived in Mumbai Port and completed the unloading and loading process of cargo. Customs officials got a tip off that the ship was carrying some contraband goods. Customs rushed to the ship with the entire team to search the ship. The captain refused to allow them to enter as they don’t have right to do so. However Indian customs barged into the ship and broke open various rooms and confiscated the contraband goods. Under which section of the Customs Act 1962 the customs officers have the power to stop and search the conveyances?

3. Your company has imported one consignment by sea. The seaport is 80 km away from your office. You are heading the import export dept and has to clear this. You have limited manpower to handle the dept.

a. What would be your proposal to the management to clear this. i.e. whether to do self clearance through your staff or outsource to a customs broker (erstwhile customs clearing agent).

b. Support your decision with proper reasons.

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/

Custom Shipping and Insurance – A cargo ship has arrived in Mumbai Port and completed the unloading and loading process of cargo

01 May
MBA Assignment Admin 0 Comment Customs Shipping and Insurance

A cargo ship has arrived in Mumbai Port and completed the unloading and loading process of cargo. Customs officials got a tip off that the ship was carrying some contraband goods. Customs rushed to the ship with the entire team to search the ship. The captain refused to allow them to enter as they don’t have right to do so. However Indian customs barged into the ship and broke open various rooms and confiscated the contraband goods. Under which section of the Customs Act 1962 the customs officers have the power to stop and search the conveyances?

Custom Shipping and Insurance

1. During a voyage a ship was nearing a port. However, it started tilting due to some technical issues. Captain has decided to throw some cargo from the top deck to reach the port safely. Under which clause of Marine policy, a captain of a ship throws some goods into the sea to reduce the weight of ship and save the other cargo and how this loss is compensated to the people who lost the cargo.

2. A cargo ship has arrived in Mumbai Port and completed the unloading and loading process of cargo. Customs officials got a tip off that the ship was carrying some contraband goods. Customs rushed to the ship with the entire team to search the ship. The captain refused to allow them to enter as they don’t have right to do so. However Indian customs barged into the ship and broke open various rooms and confiscated the contraband goods. Under which section of the Customs Act 1962 the customs officers have the power to stop and search the conveyances?

3. Your company has imported one consignment by sea. The seaport is 80 km away from your office. You are heading the import export dept and has to clear this. You have limited manpower to handle the dept.

a. What would be your proposal to the management to clear this. i.e. whether to do self clearance through your staff or outsource to a customs broker (erstwhile customs clearing agent).

b. Support your decision with proper reasons.

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/

Custom Shipping and Insurance – During a voyage a ship was nearing a port. However, it started tilting due to some technical issues

01 May
MBA Assignment Admin 0 Comment Customs Shipping and Insurance

During a voyage a ship was nearing a port. However, it started tilting due to some technical issues. Captain has decided to throw some cargo from the top deck to reach the port safely. Under which clause of Marine policy, a captain of a ship throws some goods into the sea to reduce the weight of ship and save the other cargo and how this loss is compensated to the people who lost the cargo.

Custom Shipping and Insurance

1. During a voyage a ship was nearing a port. However, it started tilting due to some technical issues. Captain has decided to throw some cargo from the top deck to reach the port safely. Under which clause of Marine policy, a captain of a ship throws some goods into the sea to reduce the weight of ship and save the other cargo and how this loss is compensated to the people who lost the cargo.

2. A cargo ship has arrived in Mumbai Port and completed the unloading and loading process of cargo. Customs officials got a tip off that the ship was carrying some contraband goods. Customs rushed to the ship with the entire team to search the ship. The captain refused to allow them to enter as they don’t have right to do so. However Indian customs barged into the ship and broke open various rooms and confiscated the contraband goods. Under which section of the Customs Act 1962 the customs officers have the power to stop and search the conveyances?

3. Your company has imported one consignment by sea. The seaport is 80 km away from your office. You are heading the import export dept and has to clear this. You have limited manpower to handle the dept.

a. What would be your proposal to the management to clear this. i.e. whether to do self clearance through your staff or outsource to a customs broker (erstwhile customs clearing agent).

b. Support your decision with proper reasons.

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/

Custom Shipping and Insurance June 2018 Assignment

15 Apr
MBA Assignment Admin 0 Comment Customs Shipping and Insurance ,

Custom Shipping and Insurance

1. You have joined an import export organization wherein there is an internal examination for considering promotion. You have to specify the sections of the following from the Customs Act 1962. Please explain the section of

a. Bill of entry for home consumption

b. Shipping bill

c. Ex bond bill of entry

d. Total number of section in the Customs Act 1962

2. One consignment under FOB was received by air. However your company could not produce freight certificate and also have not insured the consignment. Please explain as to how the customs will arrive at CIF value. What would be the repercussions in case of damage/pilferage in the consignment?

3. You have to export 10 x 40’ containers from Delhi to Dubai. You have to organize a freight forwarder as the containers have to come from Delhi to Mumbai by road and then by sea.

a. How will you select a freight forwarder for this job?

b. What would be your arrangement to bring containers from Delhi to Mumbai?

What precautions should have been taken to avoid such damages

13 Sep
MBA Assignment Admin 0 Comment Customs Shipping and Insurance ,

Custom Shipping and Insurance

1. You have joined a company as an Imports Executive (Operations) in Mumbai. You have been sent to the sea port to do the customs clearance of an imported consignment. The consignment is on CIF basis. What would be your sequence of operations to clear this.

2. Your company proposes to import one Live Horse. You have been asked to check the foreign trade policy for its importability and the customs duty. You need to give the following details to the management:

a. Which chapter this Live Horse is classified in the customs?

b. Is it freely importable? If not what is the category of this import and how to import?

c. What is the rate of customs duty only.

3. One consignment in a 20 feet container was imported to Mumbai in July in FOB terms. The freight and insurance is to be borne by your company. After customs clearance, your customs broker transferred the consignment from the container to a truck to transfer to your factory. The entire consignment got wet in transit due to heavy rain.

a. How will you claim the insurance for this damage and what type of insurance policy will cover this type of damages?

b. What precautions should have been taken to avoid such damages?

How will you claim the insurance for this damage and what type of insurance policy will cover this type of damages

13 Sep
MBA Assignment Admin 0 Comment Customs Shipping and Insurance ,

Custom Shipping and Insurance

1. You have joined a company as an Imports Executive (Operations) in Mumbai. You have been sent to the sea port to do the customs clearance of an imported consignment. The consignment is on CIF basis. What would be your sequence of operations to clear this.

2. Your company proposes to import one Live Horse. You have been asked to check the foreign trade policy for its importability and the customs duty. You need to give the following details to the management:

a. Which chapter this Live Horse is classified in the customs?

b. Is it freely importable? If not what is the category of this import and how to import?

c. What is the rate of customs duty only.

3. One consignment in a 20 feet container was imported to Mumbai in July in FOB terms. The freight and insurance is to be borne by your company. After customs clearance, your customs broker transferred the consignment from the container to a truck to transfer to your factory. The entire consignment got wet in transit due to heavy rain.

a. How will you claim the insurance for this damage and what type of insurance policy will cover this type of damages?

b. What precautions should have been taken to avoid such damages?

One consignment in a 20 feet container was imported to Mumbai in July in FOB terms

13 Sep
MBA Assignment Admin 0 Comment Customs Shipping and Insurance ,

Custom Shipping and Insurance

1. You have joined a company as an Imports Executive (Operations) in Mumbai. You have been sent to the sea port to do the customs clearance of an imported consignment. The consignment is on CIF basis. What would be your sequence of operations to clear this.

2. Your company proposes to import one Live Horse. You have been asked to check the foreign trade policy for its importability and the customs duty. You need to give the following details to the management:

a. Which chapter this Live Horse is classified in the customs?

b. Is it freely importable? If not what is the category of this import and how to import?

c. What is the rate of customs duty only.

3. One consignment in a 20 feet container was imported to Mumbai in July in FOB terms. The freight and insurance is to be borne by your company. After customs clearance, your customs broker transferred the consignment from the container to a truck to transfer to your factory. The entire consignment got wet in transit due to heavy rain.

a. How will you claim the insurance for this damage and what type of insurance policy will cover this type of damages?

b. What precautions should have been taken to avoid such damages?

Your company proposes to import one Live Horse. You have been asked to check the foreign trade policy

13 Sep
MBA Assignment Admin 0 Comment Customs Shipping and Insurance ,

Custom Shipping and Insurance

1. You have joined a company as an Imports Executive (Operations) in Mumbai. You have been sent to the sea port to do the customs clearance of an imported consignment. The consignment is on CIF basis. What would be your sequence of operations to clear this.

2. Your company proposes to import one Live Horse. You have been asked to check the foreign trade policy for its importability and the customs duty. You need to give the following details to the management:

a. Which chapter this Live Horse is classified in the customs?

b. Is it freely importable? If not what is the category of this import and how to import?

c. What is the rate of customs duty only.

3. One consignment in a 20 feet container was imported to Mumbai in July in FOB terms. The freight and insurance is to be borne by your company. After customs clearance, your customs broker transferred the consignment from the container to a truck to transfer to your factory. The entire consignment got wet in transit due to heavy rain.

a. How will you claim the insurance for this damage and what type of insurance policy will cover this type of damages?

b. What precautions should have been taken to avoid such damages?