Page 187 - COMBINED QUESTIONS AND ANSWERS - EDITION 2019 - PART II_Neat

Q-723: Information on Importer-Export Code (IEC)
A-723: (i) An IEC is a 10-character alphanumeric number allotted to a person is mandatory for
undertaking any export/import activities.
(ii) Application for obtaining IEC may be filed online with applicable fees and
submitted with digital signature.
(iii) Need to register with ICEGATE for the purpose of filing through online to get
Shipping Bill and Bill of Entry number of self submits.
(iv) For modification in IEC, applicants may submit online application through digital
signature (Class-II or Class-III), by paying applicable fees and uploading requisite
documents, corresponding to the changes sought.
Q-724: Mandatory checking of Import General Manifest (IGM)
A-724: Once, after filing Import General Manifest by the Carrier of goods or his agent, the
Importer or his Customs broker files necessary documents for import with Customs under
the said imported goods and to check the details of shipper, consignee, number of packages,
kind of packages, description of goods, airway bill or bill of lading number and date, flight or
vessel details, etc. If any mistakes in filing Import General Manifest, the import Customs
clearance documents cannot be accepted, as the details of such documents has to be
matched with the details in Import General Manifest (IGM).
Q-725: Amendment of IGM after the arrival of vessel or aircraft will not be treated as
A-725: Late filing

INCOTERMS
Q-726: Incoterms cover

(i) Trade in intangibles
(ii) Ownership and transfer rights
(iii) Rights and obligations of parties to contract of sales
(iv) Contracts of carriage
A-726: iii - Rights and obligations of parties to contract of sales

INTELLECTUAL PROPERTY RIGHTS (IPR)
Q-727: Which the act is not covering intellectual Property Rights (IPR)
(i) The Patents Act, 1970
(ii) The Designs Act, 2000
(iii) The Trade Marks Act, 1999

(iv) The Tea Act, 1953
A-727: iv - The Tea Act, 1953
Q-728: Name the different types of IPR?
A-728: There are different types of IPR namely, patents, copyrights, trademarks, industrial
designs, protection of geographical indications(GIs), IC lay-out designs, trade secrets and
new plant varieties.

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