Customs shipping
June 2020 assignments
1. During a voyage a ship was nearing a port. However, it
started tilting due to some technical issues. Captain has decided to throw some
cargo from the top deck to reach the port safely. Under which clause of Marine
policy, a captain of a ship throws some goods into the sea to reduce the weight
of ship and save the other cargo and how this loss is compensated to the people
who lost the cargo.
Answer:
Ocean shipping is the most important form of international cargo transport
because it forms over 90% of international cargo in terms of volume, frequency
and usage. Bulk shipping is important in international trade because it is one
of the most practical, important and efficient means of transporting petroleum,
industrial raw materials and agricultural commodities over long
2. A cargo ship has arrived in Mumbai Port and completed the
unloading and loading process of cargo. Customs officials got a tip off that
the ship was carrying some contraband goods. Customs rushed to the ship with
the entire team to search the ship. The captain refused to allow them to enter
as they don’t have right to do so. However Indian customs barged into the ship
and broke open various rooms and confiscated the contraband goods. Under which
section of the Customs Act 1962 the customs officers have the power to stop and
search the conveyances?
Answer:
Custom is a tariff or tax which is collected by the custom authority on
exported or imported goods according to current custom laws. In order to enter
or leave a country it is mandatory for the goods to pass through custom’s
procedure. It is the documented permission given by the national customs
authority to imported goods so that they can enter the country or to exported
goods so that they can leave the country.
The persons and institutions that are authorized to perform custom
clearance operation are called custom’s consultants.
There is
3. Your company has imported one consignment by sea. The
seaport is 80 km away from your office. You are heading the import export dept
and has to clear this. You have limited manpower to handle the dept.
a. What would be your proposal to the management to clear
this. i.e. whether to do self clearance through your staff or outsource to a
customs broker (erstwhile customs clearing agent)
b. Support your decision with proper reasons
Answer:
a) There are two popular models for filing your imports: self-file or filing
with a customs broker. Import Self filing is where the importer is responsible
for contacting Customs directly and filing all the required documentation to
enable the goods to cross the border into free circulation. Broker filing
relies on a licensed Customs Brokerage service provider to file the import
documentation. For self-clearance, Importers are expected to be informed about
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