Tariffs and Customs Terms ST.1.119 Flashcards

Terms and meaning from Dictionary of Tariff and Customs Terms with organization and functions of the various Offices of the Bureau of Customs.

1
Q

a clause in a charter contract which states that if nitrate cargo cannot be loaded due to big waves, the time of delay shall not count as layday. This applies to Chilean ports.

A

surf days

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

monitoring of trade policies, and practices of contracting parties under the General Agreement on Tariffs and Trade

A

surveillance

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

excess goods; used automobile and truck parts in “as-is” condition; excess amount of revenue or money.

A

Surplus

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

a body created by the Uruguay Round Table Negotiating Committee to monitor if the contracting parties implement their standstill and rollback commitments.

A

surveillance body

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

findings made by a surveying firm on cargoes immediately prior to exportation; a report of insures (or survey agents) on discharged cargo at a port of destination or on damaged or lost cargo.

A

survey report

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

one who computes the ship’s load and her position, and verifies her condition upon arrival to, and departure from, a port; a marine specialist (but not an insurance adjuster) who examines damaged property and determines its cause; nature, and extent. He proposes the method of repair or replacement. His actions do not affect the terms and conditions set forth in an insurance policy.

A

surveyor

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

exchange of one type of asset or payment for another.

A

swap

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

remnants of cargoes, like grains, coffee, sugar, rice, due to torn bags, rotting, chafing, inadequate packing, or damage from vermin.

A

sweepings

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

a fraudulent act of taking goods out of customs custody without payment of duties and taxes.

A

swing

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

a countertrade wherein the goods are sold on credit, and then it is transferred to a third party.

A

switch arrangement

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

a fraudulent act of substituting a shipment by another.

A

switching

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

a list of individuals and firms disallowed to ship or receive U.S.-made goods and technology, and published by the U.S. Export Administration Regulations.

A

Table of Denial Orders

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

a ship’s device that consists of pulleys and ropes to lift or lower cargoes.

A

tackle

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

man a person who records all cargoes and their condition during loading and discharge operations.

A

tally man

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

a printed form on which companies record the items they receive or ship out.

A

tally sheet

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

a truck with two-drives axles, or trailer with two axles.

A

tandem

12
Q

railcars designed to carry liquid or gas in bulk.

A

tank cars

13
Q

a cylindrical tank mounted on a rectangular steel 20 or 28 it. long, used for liquid or bulk goods.

A

tank container

14
Q

a vessel designed for carriage of liquid cargo in bulk.

A

tanker

14
Q

the weight of a container and/or packing material, less the weight of the goods it contains.

A

tare

15
Q

a systematic arrangement of commodities with corresponding rates of duty, a publication that contains a carrier’s freight rates, accessorial charges, and rules; rate of duty

A

tariff

16
Q

the provisions of the TCCP, the regulations pursuant thereto, and all laws, rules and regulations subject to enforcement by Customs, or otherwise within its jurisdiction

A

Tariff and Customs Code of the Philippines

17
Q

includes not only the provisions of the tariff and customs code of the Philippines and regulations pursuant thereto but all other laws, rules and regulations which are subject to enforcement by the BOC or otherwise within its jurisdiction.

A

tariff and customs laws

18
Q

a condition wherein the tariff duty on raw materials or semi-manufactured goods is higher than the tariff on the finished product.

A

tariff anomaly

19
Q

imposition of high rates of duty to discourage the inflow of imported goods and protect the domestic industry

A

tariff barriers