CBW Flashcards by Adrienne Marie Catapang

shall refer to goods which are neither raw materials nor supplies which enhance the finished products to be exported.

Accessories

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shall refer to a responsible official of the CBW named and designated by the operator as the person, other than himself, answerable and liable to the Bureau for all the operational aspects of the warehouse.

ACCOUNTABLE OFFICER

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User shall refer to a natural or juridical person authorized by the Bureau to be a client/end-user of Industry-specific CBW (ICBW).

Accredited Client / End

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shall refer to client-exporters accredited by the Bureau to receive finished goods manufactured by MCBWs to be used in their registered export activities.

Accredited Client-Exporter

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shall refer to an Industry-Specific Customs Bonded Warehouses (ICBW) where supplies, spare parts, in-flight duty-free items, and such other goods necessary for the reasonable requirements of the aircraft, its crew and passengers are stored.

Airlines Customs Bonded Warehouse and Airlines Catering Customs Bonded Warehouse

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shall refer to the authority given by the Bureau allowing persons, natural or juridical, to establish and operate a CBW.

Authority to Operate

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shall refer to the document issued by the District Collector allowing transfer or sale of imported raw materials, semi-finished products, or finished products to another CBW, Client-Exporter, Client/End-User, or Freeport Zone locator for subsequent export. Transfers to sub- contractors or members of CCBW shall be covered by Authority to Transfer only.

Authority to Transfer or Sell (ATS)

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shall refer to the automated system to be adopted by the CBW operator as a tool to determine and monitor the stock inventory of imported raw materials from the time of its entry Into the CBW up to liquidation of the covering warehousing entry.

Automated Inventory Management System (AIMS)

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shall refer to the automated system to be utilized by the Bureau as a tool in the effective monitoring and cancellation of bonds for the liquidation of raw materials/entries.

Automated Bonds Management System (ABMS)

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shall refer to the document signed by the Commissioner of Customs and issued by the Bureau to persons, natural or juridical, duly authorized to operate a CBW, to be an accredited member, accredited subcontractor or accredited client/end-user stating its name, authority (license) number, exact office and warehouse address, date of grant and expiry of authority and type of the approved warehouse, renewable every three (3) years, after proper re- evaluation and favorable recommendation by the CBWC.

Certificate of Authority to Operate

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shall refer to the document issued by the Bureau to an entity registered as importer and recognized to electronically lodge goods declaration in the Bureau’s existing registration system.

Certificate of Importer Accreditation

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shall refer to the document issued by the Bureau certifying the conduct of inspection over the cargo for export and its actual loading on the exporting carrier.

Certificate of Inspection and Loading (CIL)

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shall refer to a natural or juridical person engaged in the manufacture or export of products utilizing goods, raw materials, accessories and packing materials sourced from a CBW and members subject to the condition that finished products shall be exported within the period prescribed by existing laws and regulations.

client-exporter

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shall refer to a procedure to be adopted by the Bureau in assessing the degree of compliance of a warehouse operator with relevant CBW rules and regulations and in taking any action on the CBW’s Authority to Operate or any extension thereof. The CRS shall be developed by the Bureau subject to review by the Department of Finance (DOF) and consultation with concerned stakeholders. CRS may be applied to accredited members of CCBWs and accredited subcontractors.

Compliance Rate System (CRS)

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shall refer to the system of registration provided for Bureau stakeholders adopted under Customs Memorandum Order (CMO) No. 39-2008.

Client Profile Registration System (CPRS)

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shall refer to a warehouse authorized/licensed by the Bureau to import, receive, and store, without payment of duties and taxes and under bond, goods, raw materials, accessories and packing materials either for manufacture into finished products for export or storage for the account of accredited exporter/client.

Customs Bonded Warehouse (CBW)

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shall refer to the committee created to act on applications for the establishment and operation of CBW, renewal of Authority to Operate CBWs, application as member of a CCBW, application as subcontractor of a CBW and other related matters pertaining to the operation of a CBW.

Customs Bonded Warehouse Committee

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shall refer to a natural or juridical person who has a duly approved Authority to Operate a CBW issued by the Bureau. For CCBWs, CBW operator shall refer to the mother warehouse.

Customs Bonded Warehouse Operator

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shall include customs offices, facilities, warehouses, ports, airports, wharves, infrastructure and other premises over which the Bureau shall have exclusive control, ON PY direction, and management for customs purposes.

Customs Premises

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shall refer to an area of a CCBW and ICBW with sufficient space for examination and storage of goods.

Examination and Storage Area

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shall refer to a violation of customs law committed when an imported material entered through the warehousing scheme and destined for transit to a particular CBW, Free Zone locator/enterprise, or from the CBW to the port or airport for exportation, is brought to some place other than its intended destination.

Diversion

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shall refer to a separate warehouse authorized by the Bureau to form part of an already existing CBW to optimize capacity and efficiency in its operations.

Extension Warehouse

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shall refer to the act, documentation, and process of bringing goods out of Philippine Territory.

Exportation

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Shall refer to the government agency attached to the Department of Trade and Industry mandated to assist the Bureau In granting authority to an operator or to be a member or subcontractor of a warehouse involved in the manufacture of garments or textile for export.

Garments and Textile Industry Development Office (GTIDO)

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shall refer to the formula of conversion issued by the Industrial Technology Development Institute (ITDI) to the CBW operator and members, determining the raw material usage and wastages of a particular finished SION OPY product for export and subsequent liquidation.

Formula of Manufacture

shall refer to the process of accounting the usage of bonded raw materials, including wastages, in the manufacture of finished products for export as against the importation by CBWs of raw materials using the FOM.

Liquidation of Raw Materials

shall refer to an entity accredited to operate under an existing CCBW established for the manufacture of products using imported duty and tax-free raw materials or components subject to the condition that finished products shall be exported within the period prescribed by existing laws and regulations. Members may either be accredited by the Bureau alone or jointly with the GTIDO in case of entities engaged in the manufacture of garments.

Menmber

shall refer to an Industry-Specific CBW authorized by the Board of Investments (BOI) in proper cases, to serve as the supply depot for the storage, deposit, safe-keeping of spare parts components, semi-finished products and raw materials including the packing, covering, putting-up, marking, labelling, cutting or altering to customer's satisfaction, mounting and/or packaging into kits or marketable lots thereof to fill up transactions and sales made by its officers of parent companies and to serving as a storage of goods purchase locally by the home office of the multinational for export abroad under the supervision of the Bureau.

Multinational Regional Bonded Warehouse

shall refer to goods liable to perish such as agricultural products, flavorings, chemicals with maximum shelf life of six (6) months or other similar items.

Perishable Goods

shall refer to a customs single administrative document accomplished by the importer, or his duly licensed broker, under oath and submitted to the Bureau for purposes of declaring and identifying among others the nature of the article/s being imported, its value, volume, weight, and any relevant description thereof, whether entered through consumption or through warehousing which will assist the Bureau in assessing the taxes and duties due on the imported article.

Multi-Purpose Declaration

shall refer to a system to secure and monitor premises, storage and production areas of CBWs including the safety of personnel.

physical secuirty feature

shall refer to an automated system to be adopted and utilized by the Bureau in determining the volume and value of the raw materials exported and subject for liquidation, including the duties and taxes due on the allowable residues/wastages/by-products and other portion of the imported article/s, entered through warehousing, no longer usable for the manufacture of the goods to be exported.

Raw Material Liquidation System (RMLS)

shall refer to imported raw materials or goods that have undergone processing which shall be used in the further manufacture of finished products for export. They are also termed as "intermediate products."

Semi-finished products

shall refer to a person or company accredited by the Bureau, and GTIDO in case of garments, to undertake or perform, for a definite period, certain manufacturing operations or activities incidental to the manufacture of bonded raw materials Into finished products in behalf of a CBW and members in cases where the latter's facilities are insufficient to address its immediate requirements or due to lack of material time to meet export commitments.

Sub-Contractor

shall refer to imported consumable and disposable indirect materials that are needed in the maintenance, operation, and production of the MCBW. Such materials are not included in FOM of the finished products and are not duty/tax-free unless authorized by the BOI or exempted by the DOF.

Supplies

shall refer to a customs document that accompanies the transfer or transit underguard of bonded imported goods to a Free Zone locator/enterprise or to another CBW and serves as proof of delivery or receipt of the goods at its intended destination duly acknowledged on its face by the Collector of Customs or his duly authorized representative. It is also commonly referred to as a "boatnote".

transfer Note

shall refer to the customs procedure under which goods are transported under customs control from one customs office to another or to a Free Zone locator/enterprise.

Transit

shall refer to the act of fraudulent concealment, removal, or repacking merchandise in any CBW; or fraudulent alteration, defacement, or obliteration of any markings or numbers placed upon packages deposited in such warehouse or aiding or abetting any such acts.

Unauthorized Repacking

shall refer to the withdrawal of any material/goods stored in a CBW without the duly processed withdrawal or requisition slip, or the substitution of materials or finished products with local materials or goods. Unauthorized withdrawal shall also include the act of directly transferring the COPY imported materials to an Accredited Member or Subcontractor without passing through the physical facility of the CBW, or the transfer of such materials to a non-accredited member or subcontractor.

Unauthorized Withdrawal

shall refer to a bank of information and reference values which shall be utilized by the Bureau in assessing the taxes and duties due on the allowable residue/wastage/by-products or other portion of the imported article/s which can no longer be used for the manufacture of the goods to be exported.

Wastage Valuation Data Base (WVDB)

special type of CBW which caters to the needs of international air carriers

Airlines CBW

traditional warehouse duly licensed by the Bureau wherein CB Warehouseman, Sr. Storekeeper, CBW Guards may be assigned to supervise its activities

Customs Bonded Warehouse

warehouse facility licensed by BOC alone, jiointly with GTIS for garment industry to import receive and store raw mats .

Customs Common Bonded Warehouse

government agency attached to the DTI mandated to assist the BOC in granting license to be an operator or to be a member of warehouse facility involved in the manufacture of graments

Garments and Textile Imports Services

warehouse facility jointly licensed by the bOC and GTIS through accreditation committee to import receive and store garment textikes acccessories and packaging materials for manufacturing to finished products

Garments and Textile Manufacturing Bonded Warehouse

every building, stucture, or other protected inclosure which is duly licensed in accordance with law beig rented out to the public in genereal for storage at an agreed upon fee

General Bonded Warehouse

warehouse facility duly licensed by BOC to import under bond and under its name and account raw materials

Industry- Specific CBW

is a natural or juridical person licensed by the BOC to be a dientend-user of CB.

Licensed client/end-user

is a person or company licensed by the BOC and the GTIS in case of garments, to undertake or perform, for a definite period, certain manufacturing operations or activities incidental to the manufacture of bonded raw materials into finished products in behalf of a licensed CBW due to the latter's insufficiency of operational facilities or the lack of materia time to meet export commitments.

Licensed Sub-contractor

is a warehouse facility licensed by the BOC to import, receive and store raw materials, accessories and packaging materials, except garments and textile, for manufacture into finished products for export.

Miscellaneous Manufacturing Bonded Warehouse (MMBW)

is a warehouse facility licensed by the BOl in proper cases, to serve as a supply depot for the storage, deposit, safekeeping of spare parts components, semi-finished products and raw materials including the packing, covering, putting up, marking. labelling, cutting or altering to customer's satisfaction, mounting and/or packaging into kits or marketable lois thereof to fill up transactions and sales made by its officer or parent companies and to serving as a storage of goods purchased locally by the home office of the multinational

Multinational Regional Bonded Warehouse (MRBW)

The operation of a duly licensed CBW wherein the tracking, monitoring and accounting of imported goods entered conditionally free under the CBW Scheme is done by means of computer linkage, without the need of assigning any customs personnel at the warehouse.

Open Bonded System

is the traditional warehouse wherein a Customs Bonded Warehouseman, A Storekeeper and CBW Guards, among others, may be assigned to supervise its activities

Ordinary Customs Bonded Warehouse (CBW)

is a warehouse facility licensed by the BOC to import, receive and store articles for its production intended for domestic consumption, withdrawal of which shall be made only upon payment of duties and taxes and other charges due thereon.

Private Bonded Warehouse (PrBW)

is a warehouse facility licensed by the BOC to receive and store general cargoes for exportation, transfer to another customs bonded warehouse, PEZA or Freeport-registered enterprise, or for local consumption, in the same state when the cargoes were imported. Articles for local consumption shall only be withdrawn upon payment of the assessed duties, taxes and other charges due thereon.

Public Bonded Warehouse (PuBW)

Any enclosed structure used for storage

Warehouse

Duty Free Philippines (DFP) a government entity created under E.O. No. 46 s.1986 has been reorganized to become Duty-Free Philippines Corporation

Warehouses operated by the Duty Free Philippines Corporation (DFPC).

Imported articles may be withdrawn from the warehouse either for manufacture into export products; for repacking for distribution to foreign markets; for sale to manufacturing bonded warehouses for transfer to subcontractors or members of common bonded manufacturing warehouses, or for domestic consumption. Those articles withdrawn for domestic consumption shall be subject to payment of duties and taxes.

True

Items that are brought into warehouses that are taxable and the exception. The privilege of exemption from payment of duties and taxes, however, shall not apply to implements, machineries, spare parts and apparatuses, supplies and tools to be used to construct, repair or operate any bonded manufacturing warehouse unless these supplies and spare parts are indispensably needed in the production of finished products for exports subject to presentation of a Certificate of Qualification from BOl and the corresponding exemption from the DOF.

true

When warehouses are designated and established?

When the business of the port requires such facilities

Authority of Bureau of Customs for designating and establishing warehouses.

District Collector subject to the approval of the Commissioner shall designate and establish warehouses for use as public and private bonded warehouses, yards, or for other special purposes

Supervision by the Bureau of Customs of warehouses

All such warehouses and premises shall be subject to the supervision of the District Collector, who shall impose such conditions as may be deemed necessary for the protection of the revenue and of the goods stored therein.

Conditions for entering goods into bonded manufacturing warehouses.

"Goods manufactured in whole or in part of imported materials, and intended for exportation, may be made and manufactured in a bonded manufacturing warehouse subject to the following conditions: (1) the manufacturer shall file sufficient security for the faithful observance of all laws, rules and regulations applicable thereto; (2) the application for the establishment of bonded warehouses must be made in writing and filed with the customs officer, describing the premises, the location, and capacity of the same, and the purpose for which the building is to be used, pursuant to Section 804 of this Act. from the receipt of the application, the customs officer shall examine the premises, evaluate its location, construction, and means provided for the safekeeping of the goods; the customs officer may authorize the establishment of the customs bonded warehouse, and accept a bond for its operation and maintenance if the applicant was compliant with the prescribed requirements; and, (5) the operator of the bonded warehouse shall pay an annual supervision fee in an amount to be fixed by the Commissioner.

types of CBW

- Manufacturing - miscellaneous - customs common - industry specific -Non Manufacturing - public and private and other facilities

types of CFacilities and Warehouse

container yard container freight station aireporte warehouses seaport warehouses