Tariffs and Customs Terms S.1.115 Flashcards
Terms and meaning from Dictionary of Tariff and Customs Terms with organization and functions of the various Offices of the Bureau of Customs.
cargoes that need special stowage, supervision and checking owing to their value. Examples: fancy items, apparels, furs, laces, spirits, precious items. These items are kept in a special cargo locker. Petroleum products and dangerous goods are also considered as such for they require specially-designed containers.
special cargoes
a storage area for special cargoes
special cargo locker
a container designed for special merchandise (e.g., dry bulk container for dry bulk commodities like sugar and grains, tank container for gas, and open-top and platform container for heavy equipment, lumber, etc.)
special container
a common carrier authorized to transport special cargoes, like households’ goods, petroleum products and hazardous materials.
special-commodities carrier
a warehouse for products that require unique facilities, such as grains (through conveyor elevator), liquid (through tank) and tobacco (through barn)
special-commodity warehouse
a region in a country, often in an industrial park, providing privileges to export-oriented enterprises, like duty-free importation, hospitable labor climate and tax incentives. It houses several enterprises (locators) that assemble, process or manufacture raw materials into finished products for export.
Special Economic Zone
a document issued behalf of an underwriter stating the terms and conditions of marine insurance. It is issued when evidence of insurance is being required, for instance, by a bank before granting a letter of credit application.
special policy of insurance
one wherein the opening bank transmits the instrument or draft to the beneficiary through its correspondent bank. As such, payment or negotiation is made by the latter bank in the country of exportation.
specially advised letter of credit
a customs authority for loading of articles (e.g., provisions or bunker fuel) on a ship even without an export entry or export declaration.
special permit to load
a customs authority for the transfer of certain imported shipments from customs custody to other storage area or premises prior to payment of duties and taxes.
Special permit to transfer
a program of the United Nations that encourages more participants in international trade and commerce, especially small and medium-size enterprises.
Special Programme for Trade Efficiency (SPTE) [for the United Nations Conference on Trade and Development]
refers to cement mixer, fire truck, ambulance and/or medical unit, armored military vehicle, luxury/tourist bus with specialized body, etc.
special purpose vehicle
a freight rate not normally imposed
special rate
a label added to the invoice to signify that the pre-shipment inspection has been completed and all inspection requirements have been met
Special Security Label
a safeguard used by a World Trade Organization member to protect is domestic sector from imports not yet put under quota
special traditional safeguard mechanism
imported nonagricultural feeds or food for race horse, fighting cocks, aquarium fish, zoo animals and other pets subject to value-added tax.
specialty feeds
a freight rate applied to a particular article based on revenue ton, under the tariff of certain conference lines (e.g. garments, furniture, canned goods). it is usually lower than the general cargo rate and is published to apply to a particular point of origin to a specified point of supply
specific commodity rate
a kind of duty imposed on luxury items such as tobacco or alcohol, based on quantity, volume, or weight, without regard to an article’s market value or price
specific duty
a principle under the agreement on subsidies and countervailing measures, which encourages subsidy to an export product
specificity
rate a freight rate applied to a particular merchandise, based on a full container load, and under a published tariff of certain conference
specific box rate box
a freight rate nation Confer resolution of the International Air Transport Association Cargo Tariff Coordination Conference.
specified rate
a bill of lading that covers goods already delivered by the carrier without, however, surrender of a signed copy of the document
spent bill of lading
a situation wherein the consignment of goods has been split into two or more consignment.
split
inspection of a minor portion of goods in a shipment.
spot-checking
to move a trailer or boxcar into an area used for loading or unloading of cargoes; a ship that may load immediately after the charter contract has been fixed; cargo ready for loading.
spot
