20 Import Quiz Test Q.1. What is Foreign Exchange? Ans: Foreign Exchange: As per the Foreign Exchange Regulation Act. 1947, Section 2(d) “Foreign Exchange”
H S CODE Classification of commodity has been introduced in early nineteenth century in Europe. Internationally accepted coding system was first introduced in
Discrepancies of Letter of Credit Common discrepancies in the export documents Claused/unclean/foul/dirty Bill of Lading. Charter party/stale/third party Bill of Lading (Unless stipulated
Commercial Invoice Feature of Commercial Invoice : In international trade, a commercial invoice is an essential document that facilitates the smooth flow of
Sea Ports list of Bangladesh Seaport refers to the establishment for loading and unloading of goods having anchorage facility for ships and embarkation
Scrutiny of Import documents Scrutiny of Import documents Following points should be carefully checked in respect of the relevant documents: (a) Forwarding schedule
International trade transport documents Models of the main international trade and transport documents ready to use with explanations about what they are and
Import by Letter of Credit Authorisation Form-LCAF Authentication/Registration Of LCAF: When the importer submits LCAF (Letter of Credit Authorisation Form) with other papers