Question 13 of 18
Q.The exporters appoint the ________ agent to fulfill the customs formalities.
(a) Clearing Agent
(b) Forwarding Agent
(c) Commission Agent
(d) Factor
Tamil Nadu DgeTamil Nadu HSC First Year (DGE) Commerce Board 2020MCQ· 1mImportance★★★★★
72% · 13/18 Questions
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Start your 14-day free trial to unlock the full solution →The correct answer is (a) Clearing Agent. Exporters appoint a clearing (and forwarding) agent to complete customs formalities.
In the Tamil Nadu HSC Commerce syllabus on export procedure, customs clearance is a crucial and complex stage:
- The Clearing Agent (also called Clearing and Forwarding, or C&F, agent) is a specialist who, on behalf of the exporter, prepares the shipping documents, files the shipping bill, pays the necessary charges and gets the goods cleared through customs for shipment. Hence (a) is correct. …
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