Page 123 - COMBINED QUESTIONS AND ANSWERS - EDITION 2019 - PART II_Neat

Q-439: Which one is correct on an import authorisation expire on the day of expiry?
(i) An Authorisation expires during the month will be deemed to be valid until the last
day of concerned month.
(ii) An Authorisation expires will be valid exact date of the same
(iii) An Authorisation expires during the month will be deemed to be valid until the last

day of concerned week
(iv) None of the above

A-439: i - An Authorisation expires during the month shall be deemed to be valid until the last day
of concerned month.
Q-440: Choose the correct one to apply Letter of Undertaking (LUT) certificate by new shipper
(i) The exporter can do with the GST portal and select to LUT column to fill the details
(ii) The exporter will receive the ARN number on successful submit
(iii) The exporters need not to submit Bank Guarantee against LUT
(iv) All of the above

A-440: iv - All of the above
Q-441: Which one is correct on the basic details informing by importers to their foreign exporters to
incorporate in the bills of lading issued at the time of booking of import consignments?
A-441: (i) Import & export Code (IEC) of importer;
(ii) GST Identification No (GSTIN) of importer;

(iii) Official email id of importer (to be used for correspondence by shipping lines and
Customs).
(iv) All of the above
Q-442: The procedure on mistake is detected after OOC
A-442: (i) Approach Group for approval of amendment
(ii) Approach EDI for cancellation of OOC
(iii) Recall of BE by Group

(iv) Approach Service Centre for amendment
(v) Approval of amendment by Group in the system
(vi) Forwarding Bill of Entry to docks / RMS Facilitation Cell for OOC
Q-443: The import of second hand machinery requires Chartered Engineers certificate as per
(i) Customs Notification
(ii) Customs Circular
(iii) Foreign Trade Policy
(iv) None of the above
A-443: iii - Foreign Trade Policy
Q-444: What are documents to be required for obtaining Certificate of Origin?
A-444: The following documents to be required for obtaining Certificate of Origin are:
(i) Permanent indemnity bond on a non-judicial stamp paper of minimum value duly
signed by the Director/Partner/ Proprietor and notarized.
(ii) Bond should be furnished with attested copies of PAN Card, IEC certificate, Company
Profile & KYC for non-members.
(iii) Copy of invoice stamped & signed by the exporter.
(iv) Copy of Packing List stamped & signed by the exporter.

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