CL
This refers to the power and rights of the Bureau in exercising supervision and police authority over all seas within the jurisdiction of the PH territory and over all coasts, ports, airports, airports, harbors, bays, rivers and inland waters whether navigable or not from the sea.
a. Customs Territory
b. Jurisdictional Control
c. Free Zone
d. Customs Office
b. Jurisdictional Control
The officials of the Tariff Commission shall consist of ?
a. Three (3) Commissioner
b. Commissioner and two (2) assistant commissioners
c. Chairperson and two (2) commissioners
D. Chairperson and six (6) deputy commisioners
c. Chairperson and two (2) commissioners
Which of the Incoterm is not a multi modal?
a. FCA
b. EXW
c. CPT
d. CFR
E. None of the above
d. CFR
When the business of the port requires such facilities, ________ subject to the approval of the Commissioner shall designate and establish customs warehouses for the storage of imported goods or for other special purposes.
a. Customs Officer
b. District Collector
c. Importer
d. Customs Broker
e. None of the above
b. District Collector
It is an act of importing into the country without the complete customs prescribed importation documents, or without being cleared by customs or other regulatory government agencies, for the purpose of evading payment of prescribed duties and taxes.
a. Smuggling
b. Technical Smuggling
c. Outright Smuggling
d. Contraband Smuggling
e. All of the above
c. Outright Smuggling
This refers to any person who is a bonafide holder of a valid Certificate of Registration/Professional Identification Card issued by the PRB/PRC pursuant to R.A. 9280.
a. Freight Forwarder
b. Customs Processor
c. Professional Broker
d. Customs Broker
e. Commissioner
d. Customs Broker
It is an organization that commenced operations on Jan. 1, 1995, pursuant to the 1994 Marrakesh Agreement.
a. World Customs Organization
b. World Trade Organization
c. World Health Organization
d. Customs Economic Cooperation
e. General Agreement on Tariff and Trade
b. World Trade Organization
In Conversion, what is the equivalent of 1 Metric Ton?
a. 1,000 grams
b. 10,000 grams
c. 1,000 kg
d. 10,000 kg
c. 1,000 kg
The acronym " SMRMIR" stands for?
Statement of Monthly Raw Materials Importation Requirements
The General Rules for the Interpretation (GRI) is stated in what section of the CMTA?
a. 1610
b. 1611
c. 1600
d. 1601
a. 1610
Under sec. 102, (u) Flexible Clause — It is to increase, reduce or remove existing protective tariff rates of import duty, but in no case shall be _________ ad valorem;
a.Higher than ten percent (10%)
b. Higher than one hundred percent (100%)
c. Lower than ten percent (10%)
d. Lower than one hundred percent (100%)
b. Higher than one hundred percent (100%)
How many General Rules for the Interpretation of the Harmonized System?
a. 4
b. 5
c. 6
d. 7
e. 8
c. 6
"B" asked "A" to deliver the goods to "C", "B" arranged for the receiving of goods as soon as it arrives in the nominated place of delivery. "A" prepared for the insurance and the airway bill reflected freight pre-paid.
If "A" is in Stratford Cairns, Australia, "B" is in Davao, Philippines, and "C" is in Edge Hill Cairns, Australia. What is the appropriate incoterm for this transaction?
a. FCA, Stratford Cairns, Australia
b. FCA, Edge Hill Cairns, Australia
c. CIP, Edge Hill Cairns, Australia
d. CIP, Davao Philippines
d. CIP, Davao Philippines
Condition on goods that may exempt from duties and taxes within the storage period and withdrawn from warehouse, Except.
a. Manufacture into export products
b. Distribution to foreign markets
c. For local consumption
d. Repacking
e. None of the above
c. For local consumption
Under what Collection District is Port of Subic?
a. 10
b. 11
c. 12
d. 13
e. 14
d. 13
On Treatment of Importation under sec. 115, When the imported goods shall be deemed considered as "entered" in the Philippines for consumption?
When the goods declaration is electronically lodged
What regulatory agency issues the Authority to Release Imported Goods (ATRIG) Permit?
Bureau of Internal Revenue
An importation of chili oil from China has a CFR value of $15,000. The local insurance premium is $500, the freight per invoice is $2,010, and the freight per bill of lading is $2,020.
Find the value of CIF.
CIF = $15,529.60
What document is required for importations entered through a formal entry process?
A Letter of credit or verifiable commercia document
Who is the current Commissioner of Customs?
Ariel F. Nepomuceno
This is the power of the BOC to pursuit a vessel or aircraft becomes subject to seizure it began within territorial waters may continue beyond, and vessel or aircraft may be seized in high seas.
Doctrine of Hot Pursuit
These are specific restrictions or ceilings imposed by an exporting country on the value or volume of certain imports, designed to protect domestic producers and consumers from temporary shortages of the materials or goods affected or to bolster their prices in world market.
Export Quotas
2x40 of plastics cups and containers arrived at Port of Manila. This shipment is covered by Letter of Credit.
CIF = $30,000
FRT = $3,500
INS = $2,000 W/CERT & OR
ME = P20,000
ROD = 30%
ROE = P50.105
Determine the amount of DTOC
DTOC = 690,968
Are importations by the government exempt from duties, taxes, fees, and other charges?
No, they are subject to duties, taxes, fess, and other charges.
What are the reasons why The Board shall not register nor issue a Certificate of Registration to any successful examinee? Provide atleast 2.
1. Moral Turpitude
2. Dishonorable conduct
3. Unsound mind