ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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When a business imports raw materials into the country, it needs to apply for a document which gives official permission to import the item. Which document is it?
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Patent
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Invoice
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Bill of lading
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Import licence
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Explanation:
Detailed explanation-1: -Import of such specific products may have been being regulated by government time to time. So government insist an import license as one of the documents required for import customs clearance to bring those materials from foreign countries.
Detailed explanation-2: -The most important document used in the import procedure is “Bill of Entry".
Detailed explanation-3: -Proforma Invoice. Commercial Invoice. Packing List. Certificates of Origin. Certificate of Free Sale. Shipper’s Letter of Instruction. Inland Bill of Lading. Ocean Bill of Lading. More items
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