Tariffs and Customs Terms S.1.113

Question 1

a situation wherein the goods and/or equipment have not been loaded for

Answer 1

short-landed

Question 2

a kind of dumping that exists intermittently over a period

Answer 2

short-run dumping

Question 3

a condition wherein the goods that arrive at the port of destination are less than what the shipping documents indicate.

Answer 3

short-shipment

Question 4

synonymous with American ton, the equivalent or 2,000 pounds.

Answer 4

short ton

Question 4

is an export cargo brought to the customs zone for loading on board the carrying vessel but failed to be loaded.

Answer 4

shut cut cargo

Question 5

a kind of wrapping made by heating a polyethylene sheet or similar blanket, to consolidate articles in a pallet

Answer 5

shrink wrapping

Question 6

an export cargo brought to the customs zone for lading on a vessel, but which loading fails to materialize

Answer 6

shut off cargo

Question 6

are cargoes brought to the port premises, cargo sheds and warehouses of the government, what or bulkhead for export or domestic shipment, which are not loaded on the intended carrying vessel provided that such carrying vessel has actually docked.

Answer 6

shut out cargoes

Question 6

an equipment that resembles a giant fork lift and raises contains through their top lift points. It can stack containers three-or four-high

Answer 6

side loader

Question 6

a draft used when the seller wants to retain title to a shipment until it reaches destination. Before the cargo is released, the original bill of lading or air waybill must be endorsed by the buyer and surrender to the carrier.

Answer 6

sight draft

Question 6

a stipulation added by the ship’s master in the bill of lading if there is reasonable doubt on the correctness of the weight specified in the bill, and yet the charterer does not make any amendment.

Answer 6

signed under protest

Question 7

an article made by a different manufacturer, but of almost the same materials, commercial value, and use with that of another. Such article can be substituted with latter

Answer 7

similar articles

Question 8

an alternative customs value of imported goods when identical goods value cannot be derived. The third method of computation, this involves finding a shipment of similar goods, which transaction value can be, or has been established.

Answer 8

similar goods value

Question 9

a method of reimbursing letter of credit, wherein the amount of payment made to the beneficiary is debited from the account of the opening bank

Answer 9

simple credit

Question 9

reduction of forms to be filled up and the procedures involved in processing export goods.

Answer 9

simplified export procedure

Question 10

a version of SITPRO in France.

Answer 10

simprofrance

Question 10

the entire content of one liquidation, including payment of all customs duties, fees, surcharges or fines incident thereto

Answer 10

single adjustment

Question 11

a set of uniform documents, derived from European Community practice (1998), used to process shipments that pass through customs

Answer 11

single administrative documents

Question 12

a system that impose similar tariff rates on imported goods of the same nature and kind, regardless of country of origin.

Answer 12

single-schedule tariff system

Question 12

a scheme wherein a country’s membership in the World Trade Organization implies absolute acceptance of the agreements and decisions finalized in the Uruguay Round.

Answer 12

single undertaking approach

Question 13

a warranty clause which provides that if the ship collides with, or receives salvage services from, another ship belonging to the same owner, the insured has the same rights under the insurance policy as if the other vessel were owned by strangers

Answer 13

sister ship clause

Question 14

Simpler Trade Procedure Board (to develop electronic date interchange): simplification of International Trade Procedures (predecessor of SITPRO)

Answer 14

SITPRO

Question 15

a version of SITPRO in the Netherlands

Answer 15

sitproneth

Question 16

Trade Facilitation Committee of the Republic of South Africa

Answer 16

SITPROSA

Question 17

a crate with a stable framework for posts, frames, braces, used for imported machinery

Answer 17

skeleton crate