A free trade zone is typically a closed facility into which foreign goods can be brought without being subject to the usual customs requirements.
Q. Which of the following is a technique for locating single facilities?
Regression analysisThe centroid method is a technique for locating single facilities that considers the existing facilities, the distances between them, and the volumes of goods to be shipped.
Table of Contents
- Q. Which of the following is a technique for locating single facilities?
- Q. Which of the following is a plant location methodology that is good for locating a single facility within a set of existing facilities based in distances and volumes of goods shipped group of answer choices?
- Q. What transportation mode has very high initial investment costs but gives a very low cost per mile for products that are highly specialized and require no packaging *?
- Q. What mode of transportation is involved in the movement of the greatest number of products?
- Q. Who is an importer as per Customs Act?
- Q. What are the powers of officers of Customs?
- Q. What is basic custom duty?
- Q. Why is it called customs duty?
- Q. How do I check my customs duty?
- Q. What happens if you don’t pay a customs charge?
- Q. Do FedEx charge customs?
- Q. Does DHL pay customs?
Q. Which of the following is a plant location methodology that is good for locating a single facility within a set of existing facilities based in distances and volumes of goods shipped group of answer choices?
Plant Location Methodology: Center of Gravity Method The center of gravity method is used for locating single facilities that considers existing facilities, the distances between them, and the volumes of goods to be shipped between them.
Q. What transportation mode has very high initial investment costs but gives a very low cost per mile for products that are highly specialized and require no packaging *?
ion mode
Q. What mode of transportation is involved in the movement of the greatest number of products?
What mode of transportation is involved in the movement of the greatest number of products? Highway (truck).
Q. Who is an importer as per Customs Act?
In relation to any goods at any time between their importation and the time when they are cleared for home consumption, includes any owner or any person holding himself out to be the importer. With its grammatical variations and cognate expressions, means bringing goods into India from a place outside India.
Q. What are the powers of officers of Customs?
Section 5 in the Customs Act, 1962. (1) Subject to such conditions and limitations as the Board may impose, an officer of customs may exercise the powers and discharge the duties conferred or imposed on him under this Act.
Q. What is basic custom duty?
Basic Duty is a type of duty or tax imposed under the Customs Act (1962). Basic Customs Duty varies for different items from 5% to 40%. Additional duty also known as countervailing duty or C.V.D is equal to excise duty imposed on a like product manufactured or produced in India.
Q. Why is it called customs duty?
Customs duty refers to the tax imposed on goods when they are transported across international borders. In simple terms, it is the tax that is levied on import and export of goods. The government uses this duty to raise its revenues, safeguard domestic industries, and regulate movement of goods.
Q. How do I check my customs duty?
You can go to www.customs.gov.ng, find the Quick Search CET Tariff panel on the left and find the tariff that interests you. You can search the custom duty tariff database by CET code (if you know it) or by a keyword.
Q. What happens if you don’t pay a customs charge?
If you don’t pay the customs charges, your parcel will be returned to sender after the 21-day period.
Q. Do FedEx charge customs?
FedEx pays the Duty and Tax charges on your behalf to ensure we can deliver your shipment as quickly as possible. This incurs an administration fee of 2.5% of the combined Duty and VAT charge or £12.00 (whichever is greater).
Q. Does DHL pay customs?
To ensure the DHL courier can deliver your goods in shortest possible time after entering the UK, DHL pays the any duties and taxes that are due on the goods to HMRC on your behalf. DHL will apply an Advance Payment or Disbursement charge for this service.
