Tariffs and Customs Terms A.1.04

Question 1

a kind of jurisdiction over all legal actions related to events occurring at sea, to transactions on commerce and navigation, to damages and injuries sustained at sea, and all maritime contracts, torts, and injuries.

Answer 1

admiralty and maritime jurisdiction

Question 2

food is “____________”
(1) if any substance has been mixed and packed with it so as to reduce or lower or injuriously affect its quality or strength
(2) if any substance has been substituted wholly or in part for the article
(3) if any valuable constituent of the article has been wholly or in part subtracted
(4) if it be mixed, colored, powered, coated, or stained in a manner whereby damage or inferiority is concealed
(5) if it contains any added poisonous or other added deleterious ingredient which may render such article injurious to health
(6) if it consists in whole or in part of a filthy, decomposed, or putrid animal or vegetable substance, or any portion of an animal unfit for food, whether manufactured or not, or it is the product of a deceased animal, or one that has died otherwise than by slaughter.

Answer 2

adulterated

Question 3

mixing of foreign substances with something pure.

Answer 3

adulteration

Question 4

assessment based on the value of goods. It literally means “according to value.”

Answer 4

ad valorem

Question 5

a tariff assessed as a percentage of the value of imported goods cleared through customs. For ex., 10% ad valorem means the tariff rate is 10% of the dutiable value of the goods. It is a tax based on selling price or other specified value of the article.

Answer 5

ad valorem tax

Question 6

a kind of loan that uses documents, such as bill of lading, as collateral to obtain goods.

Answer 6

advance against documents

Question 7

a bill or invoice presented by the supplier to the buyer before delivery of goods.

Answer 7

advance bill

Question 8

a document issued by the Societe Generale de Surveillance to a Customs office at the port of destination, to indicate that a shipment has been inspected at the port of origin. This does not yet contain the full details of the shipment.

Answer 8

Advance Clean Report

Question 9

a charge paid by the carrier to an agent or to another carrier. It is often used to cover forwarding fees and incidental expenses. The amount is eventually paid by the consignee:

Answer 9

advance charge

Question 10

payment of duties and taxes by an importer to an authorized agent bank.

Answer 10

advance deposit

Question 11

similar to a guaranteed freight, it is the partial payment of cargo freight even before the ship reaches the port of destination.

Answer 11

Advanced freight

Question 12

an interline carrier that picks up cargo from the shipper and delivers it to another carrier for eventual delivery.

Answer 12

Advanced interline

Question 13

a kind of tax paid by importers on articles subject of sale, barter, exchange, or any similar transaction.

Answer 13

Advanced sales tax

Question 14

a list transmitted to a customer stating the items shipped and their expected time of arrival.

Answer 14

advance shipment notice

Question 15

a kind of security given to the buyer/importer if he pays in advance, so the he can reclaim payment if the shipment is not affected.

Answer 15

advance payment guarantee

Question 16

tax paid by importers on goods subject of barter, exchange, or similar transactions.

Answer 16

advance sales tax

Question 17

a condition where imports exceeds exports.

Answer 17

adverse balance of trade

Question 18

refers to the litigant in the case who would be affected by a reversal of the judgement or order appealed from.

Answer 18

adverse party

Question 19

a decision whereby the outcome is unfavorable to the government and is elevated to higher authorities for purposes of review.

Answer 19

adverse to the government

Question 20

publication of goods for auction

Answer 20

advertisement

Question 21

advertising costs incurred by Customs and can be deducted from the proceeds of auction.

Answer 21

advertising expenses

Question 22

communication made by the advising bank to the issuing bank as to issuance of a letter of credit. It establishes the authenticity of credit

Answer 22

advise of credit

Question 23

the bank through which an issuing bank advises its credit. It is usually in the country of the beneficiary.

Answer 23

advising bank

Question 24

a code indicating insurance of third-class ships.

Answer 24

AE

Question 25

accessories like rails on a container’s interior walls, designed to fasten or separate cargoes.

Answer 25

Aeroquip System