Export Import Procedures and Documentation

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Course: Export Import Procedures and Documentation

Internal Assignment Applicable for December 2018 Examination

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Assignment Marks: 30

1. You have exported a consignment to a company Brussels International in London by air. The consignment consists of 78 boxes of electronic spare parts. The export was made on FOB basis. Now the customer informs a shortage of 7 packages and asks you to compensate the loss. As an Export Manager what would be your course of

action on this claim. (10 Marks)

2. Your company has imported 10 x 20 containers by sea consisting of umbrellas to sell the same to a trader. However due to a problem in payment terms, your customer has refused to take the consignment. You do not have space to store 10 containers

load and also your company is not in a position to pay customs duty for the entire consignment. What would be your advice to the company to handle this tricky

situation? (10 Marks)

3. You have imported on consignment of 5 x 40 containers consisting of consumer items by sea on CIF basis. Your customer has delayed in sending the documents to you. As a result you have incurred detention charges for the containers. The shipping line asks you to pay the detention charges to get the delivery order. While handling this please explain

a. Who will have to bear the detention charges in this case? (5 Marks)
b. How will you take it up with the exporter who has delayed the documents?
(5 Marks)

Dear students to get solved assignments of NMIMS MBA DECEMBER 2018
GET SOLVED ASSIGNMENTS
Mail us at [email protected]
SWATI 9667476793(WHATSAPP )