Trade and Customs

The importer and exporter must be registered with the DGA prior to importing or exporting?

• YES

• NO

Which of the following statements about a proforma invoice is true?

• A) It is a legally binding document.

• B) It is used for accounting and tax purposes.

• C) It provides a preliminary bill before a final sale.

• D) It serves as a payment receipt.

What information does a packing list show about the cargo?

• A) Payment terms and conditions

• B) Quantity and description of goods

• C) Bank details for payment

• D) Invoice number and total amount

What is a requirement for using the EUR.1 certificate?

• A) It applies to all goods, regardless of value.

• B) It is required for goods valued over 6,000 euros.

• C) It is only used for perishable goods.

• D) It replaces the commercial invoice in trade transactions.

What is the purpose of a Phytosanitary Certificate?

• A) To confirm that goods meet tax regulations.

• B) To certify that the consignment is free from diseases and pests.

• C) To verify the country of origin of the goods.

• D) To replace the need for a customs declaration.

The Harmonized System (HS) is used for:

• A) The transaction value method

• B) The weight-based method.

• C) The estimated cost method.

• D) The lowest declared value method

What is the role of a customs broker?

• A) To collect taxes.

• B) To negotiate trade agreements.

• C) To handle import/export documentation and customs clearance.

• D) To set tariff rates.

Q1: What is a tariff?

• A) A tax on imports or exports.

• B) A shipping document.

• C) A trade agreement

• D) A customs officer.

True or False: The first six digits of an HS code are the same worldwide.

• True

• False

What is the primary method for customs valuation?

• A) The transaction value method

• B) The weight-based method.

• C) The estimated cost method.

• D) The lowest declared value method