Manager Exim Interview Questions and Answers

EXIM formalities include documentation, custom clearance, and paperwork.

• EXIM formalities refer to the procedures and documentation required for importing and exporting goods.

• Custom clearance process involves inspection and verification of goods by customs officials.

• Paperwork includes bills of lading, commercial invoices, packing lists, and certificates of origin.

• Other formalities may include obtaining licenses, permits, and complying with regulations.

• Failure to comply with EX...read more

I have handled over 500 shipments in my previous role as an Exim Manager.

• Handled over 500 shipments in previous role

• Experience in managing various types of shipments including air, sea, and land

• Ensured timely delivery and compliance with regulations

• Coordinated with customs officials and shipping companies

• Implemented cost-saving measures in shipping processes

Advance licences are trade licenses issued by the government that allow importers to import goods without paying duty upfront.

• Advance licences are used to promote exports by allowing importers to bring in raw materials or components duty-free for manufacturing goods that will be exported.

• The duty is paid only when the final product is exported, not when the raw materials are imported.

• Advance licences can be specific to certain products or industries.

• They are typically issued ...read more

Import and export refer to the activities of bringing goods into a country (import) or sending goods out of a country (export).

• Import involves bringing goods or services into a country from another country.

• Export involves sending goods or services out of a country to another country.

• Import and export activities are crucial for international trade and economic growth.

• Examples of imports include electronics, clothing, and machinery.

• Examples of exports include automobiles, agric...read more