Tariffs and Customs Terms B.1.20

Question 1

a phrase in a charter contract which means that the conditions (on the rate of cargo loading and unloading, related expenses, appointment of charterer or agents) hold true at both ports of loading and discharge

Answer 1

both ends

Question 2

liquid or other commodities put in a sealed bottle

Answer 2

bottled

Question 3

the lowest part of the ship

Answer 3

bottom

Question 4

special conical devices put between a container and the deck of a vessel to stabilize the container during sea voyage

Answer 4

bottom fittings

Question 5

lifting of a container from underneath its corner fittings

Answer 5

bottom lift

Question 6

tariff rates resulting from the General Agreement on Tariffs and Trade (GATT) negotiations or accession, appended to the GATT in the form of loose-leaf tariff schedule, and enforceable under Article 11 of GATT.

Answer 6

Bound Rates

Question 7

front of a ship

Answer 7

bow

Question 8

a container

Answer 8

box

Question 9

a case with a lid for packing goods

Answer 9

box

Question 10

an enclosed railcar, about 40 to 50 feet long, used for transporting packaged and bulk commodities

Answer 10

boxcar

Question 11

a pallet with at least three removable or collapsible sides

Answer 11

box pallet

Question 12

binding or fastening a shipment to protect it during transport

Answer 12

bracing

Question 13

insignia or symbol that identifies the producer of a commodity

Answer 13

brand

Question 14

as practiced in the Philippines, it is a motor vehicle a) of current or advanced-year model, b) not yet registered or used, c) covered by a certificate of first ownership, d) or manufactured in the immediately preceding year in the country of origin. provided it has a mileage of not more than 50 kms., and has been acquired by the importer from the dealer as first owner. It is not entitled to a straight-line yearly depreciation of 10%.

Answer 14

brand-new motor vehicle

Question 15

Complementation Scheme an agreement signed in 1988 to provide preferential treatment to parts and components of a specific vehicle model produced in the economies of the Association of Southeast Asian Nations. A 50% Margin of preference is given to vehicles under this scheme

Answer 15

Brand-to-Brand

Question 16

infraction of an express or implied agreement as to the title, quality, condition of a thing sold.

Answer 16

breach of warranty

Question 17

a warranty which provides that if the warranty is broken, the ship will be covered by insurance, provided notice is given immediately and extra Premium to be paid has been agreed upon

Answer 17

breach of warranty clause

Question 18

damage to cargo being shipped

Answer 18

breakage

Question 19

breaking down of a consolidated bulk load into smaller shipments for delivery to the consignees. The cargo may be moved intact in the trailer, or maybe interchanged and re-handled to connecting carriers

Answer 19

break-bulk

Question 20

to commence discharge of cargoes from a vessel

Answer 20

break-bulk

Question 21

refers to loose cargo conventionally arranged in the ship’s hold

Answer 21

break-bulk

Question 22

agent of a freight forwarder or consolidator designated in a master bill of lading as the shipper/ consignee of a consolidated shipment. He distributes shipment to consignees named in the cargo manifest

Answer 22

break bulk/consolidation agent

Question 23

a clause in a charter contract which stipulates that if a ship is detained due to engine trouble, dry-docking, insufficiency of stores, which renders her inefficient for more than 48 hours, the charter ceases temporarily until he resumes operations

Answer 23

breakdown clause

Question 24

an elevated platform in a ship where a pilot is stationed to guide her navigation

Answer 24

bridge

Question 25

to release imported goods from a Special Economic Zone upon payment of duties and taxes

Answer 25

bring out