Tariffs and Customs Terms D.1.49 Flashcards
Terms and meaning from Dictionary of Tariff and Customs Terms with organization and functions of the various Offices of the Bureau of Customs.
to merge temporary files from a remote computer with the main data base of a computer being operated by a user.
download
refers to refund made by the government for customs duties and taxes previously paid and collected on imported merchandise with have been manufactured or produced into a finished product.
drawback
the system of processing and monitoring claims for duty drawback.
drawback system
the person to whom a draft or a bill of exchange is addressed and is expected to accept and pay the bill.
drawee
the person who issues a draft or a bill of exchange.
drawer
a carrier that provides local cargo pick-up and delivery service
drayage
also known as a connecting road haulage, it refers to cargo hauling by a cart with detachable sides
drayage
road transportation between the nearest railway terminal and the place of loading
drayage
a clause in a charter contract that gives an option to the charterer to load other lawful merchandise in the ship. In such case, all freight for goods are paid by the charterer.
Dreading
a situation in which an equipment operator deposits a trailer or boxcar at a facility for cargo loading and unloading.
drop
a charged levied by a container owned or terminal operator for delivery of a leased or pooled container to a depot
drop of charge
any commodity that is not liquid.
dry cargo
a dock from which water can be removed to effect repair of the ship’s hull or keel
dry dock
a common carrier that may also be hired by a private client.
dual operation
a system wherein a shipper, who is a signatory of an exclusive use agreement with a conference, pays lower rate than does a non-signatory, even if they ship the same kind of cargo.
dual rate system
a promissory note which acknowledges an obligation the maker promises to pay.
due bill
legal procedures that must be complied with to protect the rights and interest of a person or property.
due process of law
a special duty imposed on imported articles, which are priced below their normal value. It is equal to the difference between the export price and the normal value of the same product, in addition to duties, and charges thereon.
dumping duty
a kind of price discrimination wherein a country exports goods valued much lower than those produced in an importing country. There is dumping if such goods threaten to injure, actually injure, or retard a domestic industry that produces those similar to imported articles.
dumping
wood, mats, and like materials put around the cargo as protection, and to facilitate stowage.
Dunnage
the value of all imported articles listed in an import entry, and based on the declared transaction value thereof, multiplied by the applicable exchange rate.
dutiable value
customs tax levied on import and export goods based on their dutiable value. Strictly speaking, duty is different from tax, which refers to the value-added tax imposed on the total landed cost of imported goods
Duty
a fee or charge levied on a certain goods or services.
Duty
refund to the importer of the amount of duties, in whole or in part, originally levied on imported raw materials, which were manufactured into finished products and later exported.
duty drawback
a phrase which means that imported goods may be landed into a country without payment of customs duty.
duty-free
