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UNIT3

CUSTOMS PROCEDURES

CHECK WORK

Exercise 16. Look through text 2 again and underline the words essential for general understanding.

Exercise 17. Read the text and answer the questions.

  1. What are the advantages of placing goods temporarily in Customs warehouses?

  2. What operations are permitted in a Customs warehouse?

  3. Are operations intended to keep the goods in the same state permitted in a Customs warehouse?

  4. Who is interested in entrepot trade operations?

  5. What are exporters permitted to use the warehousing facility for?

  6. What is the inward processing procedure?

  7. Are exporters permitted to use the warehousing facility to combine domestic goods with imported goods?

  8. Can warehousing procedure be used to promote transshipment operations?

  9. What privileges do traders who specialize in wholesale trade enjoy?

10. How does the Customs warehousing procedure help exporters?

Exercise 18. Sum up in 5-7 sentences the main functions of the Customs warehousing procedure.

DID YOU KNOW?

AUDIT

The earliest examining of accounts was done orally

the bookkeeper was given a hearing (Latin,audire,-to hear).

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