400-416 Flashcards
_________ refers to any customs administrative unit that is competent and authorized to perform all or any
of the functions enumerated under customs and tariff laws;
Customs Office
All goods imported into the Philippines shall be entered through a
______ at a port of entry; or
May be admitted to or removed from a free zone as defined in this Act,
as the case may be.
Customs Office
Sec. 400. Goods to be Imported through Customs Office
Unless otherwise provided for in this Act, all imported goods shall be
subject to the lodgement of a goods declaration.
A goods declaration may be for:
consumption,
for customs bonded warehousing,
for admission,
for conditional importation, or
for customs transit.
Sec. 401. Importations Subject to Goods Declaration
refers to the registration, of a goods declaration with the
Bureau.
Lodgement
play a very important role in the goods declaration and clearance
process in the Bureau of Customs
VALUE ADDED SERVICE PROVIDERS (VASPs)
The ________shall file their entry declaration by filling up
the Single Administrative Document (SAD) declaration through a
Value Added Service Provider (VASP). –CMO 19-2007
Importer or broker
(VASPs)
The importer or broker shall file their entry declaration by filling up
the _________ declaration through a ____________ –CMO 19-2007
Single administrative document (SAD); value added service provider (VASPs)
Used when the article imported is for immediate consumption or use.
Except for those exempted by law, customs duty is paid or secured to be paid
at once. (Formal / Informal)
Consumption
Used for placing articles in custom bonded warehouse, constructive
warehousing and immediate transportation to other ports of the Philippines or
exportation.
Warehousing
Used when goods are intended for immediate transportation to other customs
office or free zones.
Customs Transit
GENERAL RULE: All goods declaration for consumption shall be
cleared through a _________
EXCEPT for the following goods which shall be cleared through an
informal entry process:
Formal Entry Process
SEC. 402. Goods Declaration for Consumption. –
GOODS TO BE CLEARED UNDER INFORMAL ENTRY PROCESS:
(A) Goods of a commercial nature with Free on Board (FOB) or Free
Carrier At (FCA) value of less than fifty thousand pesos (P50,000.00)
(B) Personal and household effects or goods
Every ______ after the effectivity of this Act, the Secretary of
Finance shall adjust this amount as provided herein to its present
value, using the Consumer Price Index (CPI) as published by the PSA;
and
3 years
the instrument to measure inflation. It is used to estimate the average variation between two
given periods in the prices of products consumed by households.
consumer price index (CPI)
Personal and household effects or goods
+ not in commercial quantity,
+ imported in a passenger’s baggage or mail.
The _________ may adjust the value of goods of commercial
nature that shall be cleared through an informal entry process without
prejudice to the periodic adjustment period in subparagraph (a) of this
section.
Commissioner
All importations entered through a formal entry process shall be
covered by a _______ or any verifiable commercial document
evidencing payment;
Letter of credit
in cases where there is _________, by any commercial
document indicating the commercial value of the goods.
No sale for export
Current BOC Commissioner
Commissioner Yogi Filemon Ruiz
The current commissioner has been head of the BOC Enforcement and Security
Services since _____
2017
The ______ is in charge of the customs police
ESS
Before joining BOC, Ruiz was _________ of the
Philippine Drug Enforcement Agency Central Visayas
Regional director
Ruiz takes the place of ________
Rey Leonardo Guerrero
CAN YOU LODGE A GOOD DECLARATION
EVEN IF YOU DON’T HAVE A COMPLETE
SUPPORTING DOCUMENTS
YES. IT IS ALLOWED THRU PROVISIONAL
GOOD DECLARATION – SECTION 403
Where the declarant does not have all the information or supporting documents required to
complete the goods declaration, the lodging of a provisional goods declaration may be allowed:
Provided,
That it substantially contains the necessary information required by the Bureau; AND
The declarant undertakes to complete the information or submit the supporting documents
_______days from the filing of the provisional goods declaration, which period may
be extended by the Bureau for another _______ days for valid reasons.
Within/ 45 days
SEC. 403. Provisional Goods Declaration
If the Bureau accepts a provisional goods declaration
- The duty treatment of the goods shall not be different from that of goods with
complete declaration. - Goods under a provisional goods declaration may be released upon posting of
any required security equivalent to the amount ascertained to be the applicable
duties and taxes.
refers to any form of guaranty, such as a surety bond, cash bond, standby letter of credit or
irrevocable letter of credit, which ensures the satisfaction of an obligation to the Bureau;
Security
All goods imported into the Philippines
shall be deemed to be the property of the:
_____& ; or
The ______, airway bill or other equivalent transport
document if
2.1 endorsed by consignee; or
2.2 endorsed by shipper/consignor if consigned to order
3. The _____ of abandoned goods; and
4. The ____ of goods saved from wreck at sea, coast, or in any area of the
Philippines, may be regarded as the consignees..
- Consignee ;
- holder of the bill of lading
- The underwriters
- The salvors
SEC. 404. Owner of Imported Goods
WHEN CONSIGNEE NOT CONSIDERED AS OWNER OF IMPORTED ARTICLES:
- L/C Issuing Bank
- International Freight Forwarder (IFF) as consignees in MAWB/OBL-MBL
(Nominal consignee)
Such as ocean carriers, express carriers, freight forwarders and consolidators, cannot be listed as ultimate consignees unless they own the merchandise
Nominal consignees
The intended recipient if the imported merchandise sold by the shipper
Ultimate consignee
ATTRIBUTTES OF OWNERSHIP
- Right of Use
- Right of disposal
Unless relieved by laws or regulations, the liability for duties, taxes, fees, and
other charges attached to importation constitutes a:
________ and demandable against the importer in favor of the
government; and
Shall be discharged only upon payment of duties, taxes, fees and other charges.
It also constitutes a lien on the imported goods which may be enforced while
such goods are under customs’ custody
Personal debt due
SEC. 405. Liability of Importer for Duties and Taxes.
An official order that allows someone to keep the property of a person who owes them money until it has been
paid.
Lien
ARE GOVERNMENT’S IMPORTATION FREE
OF DUTIES AND TAXES?
NO. GOVERNMENT IMPORTATIONS IS
NOT FREE OF DUTIES AND TAXES
EXCEPT THOSE PROVIDED IN SECTION
800 OF THIS ACT.
Except those provided for in Section 800 of this Act, all importations
by the government for its own use or that of its subordinate branches
or instrumentalities, or corporations, agencies or instrumentalities
owned or controlled by the government, _______ to the duties,
taxes, fees and other charges under this Act.
Shall be subject
SEC. 406. Importations by the Government
All importations by the government for its own use or that of its
subordinate branches or instrumentalities, or corporations, agencies
or instrumentalities owned or controlled by the government.
SUBJECT TO DUTIES AND TAXES UNDER DECTION 406 OF CMTA
The format of the goods declaration shall conform with _________
International standards
The data required in the goods declaration shall be limited to:
such particulars that are deemed necessary for the assessment,
and collection of duties and taxes,
the compilation of statistics and compliance with this Act
The ______ shall require the electronic lodgement of the goods declaration
Bureau
The Bureau shall only require _______ necessary for customs
control to ensure that all requirements of the law have been complied with.
Supporting document
Translation of supporting documents shall be required especially when
necessary
False- not required, except when necessary