Tariffs and Customs Terms A.1.12

Question 1

verification of the accounts of an importer or consignee against what they declared before Customs (especially concerning value of goods)

Answer 1

auditing

Question 2

analysis and verification of warehousing operations

Answer 2

auditing

Question 3

determination of transportation charges to be paid to the carrier. It involves checking of freight bills for errors, correct rate and cargo weight

Answer 3

auditing

Question 4

verification of transaction accounts

Answer 4

auditing

Question 5

a record of transactions checked by an auditor to ensure that stated summaries correspond to actual activity

Answer 5

audit trail

Question 6

a regional trade arrangement, specifically a free trade area, between Australia and New Zealand, formed in 1965, and signed in 1983

Answer 6

Australia-New Zealand Closer Economic Relations Trade Agreement

Question 7

a conference for Australia, New Zealand, and Papa New Guinea.

Answer 7

Australia, New Zealand Eastern Shipping Conference

Question 8

the process by which a signature or a document (with its origin) is attested to as genuine

Answer 8

authentication

Question 9

in public law, authority refers to a person or persons, or a body of persons exercising power of command; it refers to those upon whom the people have conferred authority. In a, governmental sense, “authority” is a person or body exercising power of command

Answer 9

authority

Question 10

a government permit or license for the importation of certain goods like sugar, rice, prohibited and regulated items, etc.

Answer 10

authority to import

Question 11

the permission granted by Customs for the loading of goods on board carrier, which is specified in the export declaration

Answer 11

authority to load

Question 12

an authority from the Philippine Bureau of Internal Revenue, to release imported goods from Customs without payment of Value-Added Tax.

Answer 12

Authority to Release imported Goods

Question 13

the grant of authority from one party to another

Answer 13

authorization

Question 14

a person who represents an aircraft operator or airline for all formalities relative to the entry or departure of an aircraft, crew, passengers, cargo, baggage, mail or. stores.

Answer 14

authorized agent

Question 15

banks delegated by the Central Bank of the Philippines to register foreign sales report and issue export declaration. They are designated by Customs to accept tax and duty payments prior to processing of import documents

Answer 15

Authorized Agent Banks

Question 16

a trader authorized by a principal to act as his agent

Answer 16

authorized dealer

Question 17

refers to a shipyard operator owner or ship repair facility which has been given recognition / accreditation / permit and has registered with the Philippine Ports Authority / Maritime Industry Authority

Answer 17

Authorized Shipyard/Repair Operator

Question 18

a container equipped for transportation of vehicles

Answer 18

auto container

Question 19

part of the U.S. Customs Automated commercial system that facilitates electronic filing of entry, transmission of import trade data, and clearance of shipment. Qualified participants include brokers, importers, carriers, port authorities, and independent users

Answer 19

Automated Broker interface

Question 20

an American clearing house for electronic transactions among depository institutions. It is a feature of the Automated Broker Interface of the U.S. Customs Automated Commercial System, where import duties can be paid electronically.

Answer 20

Automated Clearing House

Question 21

an American computerized system that links importers and government agencies with U.S. Customs

Answer 21

Automated Commercial System

Question 22

automated confirmation service

Answer 22

Automated Commercial System

Question 23

a computerized Customs system that facilitates electronic filing of entry, transmission of trade data, and clearance of shipment. At the heart of ACOS, however, is the principle of selectivity, which allows computers to classify shipments according to their risk profile. See also Automated Broker Interface; Automated Commercial System; computerization; selectivity

Answer 23

Automated Customs Operation System

Question 24

a U.S. system electronic submission of the shipper’s export declaration

Answer 24

Automated Export Reporting Program

Question 25

a computerized system that controls the movements of carts along a guide way

Answer 25

automated guided vehicle system