Tariffs and Customs Terms C.1.26 Flashcards
Terms and meaning from Dictionary of Tariff and Customs Terms with organization and functions of the various Offices of the Bureau of Customs.
a system for collecting and disseminating information on court decisions and arbitration awards based on conventions and model laws emanating from the work of UNCITRAL [United Nations Commission on International Trade Law]
Case Law on UNCITRAL Texts
a mode of payment in which a bank or an intermediary transfers title documents to the buyer upon payment in cash.
cash against documents
a bond in cash filed by an importer with Customs when the declared value of goods is being contested by Customs; or to secure the interest of government prior to release of a shipment
cash bond
check a check drawn by the cashier (manager) of a bank, and drawn against the bank itself.
cashier’s check
full payment made prior to arrival of a shipment. This method is often used in a small purchases or when the goods are built to order, such as specialized machinery.
cash in advance
payments made at the time of delivery of goods.
cash on delivery
a mode of payment wherein the exporter is paid in cash for the shipment.
cash payment
a method of cash payment made at the time of order, and the transaction becomes binding on both buyer and seller
cash with order
an element of dumping that refers to the relationship between an economic injury suffered by a nation’s domestic industry and the dumping of goods threat
casual link
literally means: “Let the buyer beware.” A principle in sales that warns the buyer to be cautious in checking the price and quality of goods
caveat emptor
a place in a vessel where a container can be arranged.
cell
steel bars and rails of a vessel used to steer containers during loading and unloading of cargoes
cell-guide
the location of a cell aboard the vessel.
cell position
a part of U.S. Customs Automated Commercial System that effects accurate and timely collection and submission of entry summary data
Census Interface System
refers to the One-Stop Shop for Tax Credit and Duty Drawback Center (of the Philippine Department of finance) to which claims for tax refunds are being processed
Center