StudySection gives you an opportunity to judge your knowledge of the documents and procedures to be followed during the import process by launching a Free Online Certification Exam (Foundation). This Certification Exam is suitable for beginners who have basic knowledge of import, export, and international market. The objective of this certification exam is to familiarize you with how the import policies change country-wise and the role of different regulatory authorities in import procedures.
Import management specifies the purchase of goods from foreign countries. Import procedures change from country to country, but all these import policies are regulated by the governments of specific countries. The need for import trade arises because no country is as self-sufficient as to fulfill all its needs. This is also due to the unequal distribution of resources by nature. This exam covers the import procedures and policies followed in India. After taking this exam, you will come to know about the procedures, policies, and roles of different authorities in import trade in India.
This certification exam consists of several multiple-choice questions on the fundamentals of this program. Some questions may have more than one correct option, and you must select all the correct options in order to make your answer right. After you have successfully passed this online Certification Exam (Foundation), you will become eligible to get an e-Certificate and a certification badge that can be used to enhance your career profile and social media profiles.
Topics to be covered in the Import Management Online Certification Exam are the following:
- Introduction to Import Management
- Procedures for Imports
- FEMA provision regarding Imports
- Role of Customs and Regulations
- Indian Customs Act, 1962
- Customs Tariff Act
- Methods for calculation of Custom Duty
- Different types of Imports
- GST and Duty Exemption/Remission Schemes
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