Tariffs and Customs Terms P.1.100 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 marine insurance policy that covers risks to a vessel while calling a port. It is not an insurance of marine peril.
Port policy
the practice of exports and importers in choosing a particular port, not so much due to the quality of facilities and efficiency of the port, but because of favorable treatment of Customs with regards to cargoes.
port shopping
a situation wherein the goods and/or equipment have been positioned on a means of transport.
positioned goods/consignments equipment
the desired speed of discharging cargoes, which are systematically arrange aboard a ship.
port speed
the transport of empty equipment from a depot to the shipper’s premises, or from a consignee’s premises to a depot.
positioning
audit performed at the end of an accounting period after all transactions are recorded.
post-audit
a survey report issued by the Societe Generael de Surveillance on goods that have landed into an importing country.
post-destination Clean Report of Findings
an inquiry to determine whether or not a commodity is being used pursuant to an export authority. This is a common practice with respect to conditionally-free importations.
post-shipment verification
an inspection conducted by the Societe General de Surveillance of goods that have landed into an importing country
post-destination inspection
any vessel propelled by a machine.
power-driven vessel
a Customs post entry audit is a post release (of goods) evaluation of relevant company practices and records to help make a judgement about the integrity of information supplied to customs at the time of entry lodgments in particular, the audit will verify the truthfulness or accuracy of the declared customs value and tariff classification of imports. it will also allow an assessment of the importer’s exercise of due diligence and its anticipated customs compliance level. To ensure transparency, objectivity, and accountability, the audit mode follows a well-defined set to processes and standards, from audit selection to notification, to pre-audit conference, to audit proper, to exit conference, to audit reporting and implementation.
Post entry Audit
formal written instrument authorizing a person to act in behalf of another.
power of attorney
a permission granted by quarantine officials to a vessel or aircraft to get in contact with the port after compliance with port regulations.
pratique
a trade show (held annually in the U.S. and Europe) which brings together American exporters and foreign buyers of travel-related services.
POW WOW
an alert issued against a certain cargo even before it arrives at a port of entry.
Pre-alert
