Tariffs and Customs Terms TU.1.128

Question 1

a kind of movement of containers indicated in shipping documents, like Ro-Ro, CY/CFS, CFS/CFS, etc.

Answer 1

type of movement

Question 2

a kind of vessel that transports cargo, like Ro-Ro, multi-purpose, etc.

Answer 2

type of vessel

Question 3

last letter of a four-letter registration number that identifies the owner of a container

Answer 3

U

Question 4

a.k.a tires

Answer 4

tyres

Question 5

Latin: utmost good faith.

Answer 5

uberrimae fides

Question 6

a raw material found in all locations.

Answer 6

ubiquity

Question 7

space above liquid in a tank, drum, or container.

Answer 7

ullage

Question 8

the person considered the true party in interest who receives the imported goods.

Answer 8

ultimate consignee

Question 9

a vessel that carries liquid cargo in bulk.

Answer 9

ultra large crude carrier

Question 10

a luggage not accompanied by a passenger.

Answer 10

unaccompanied baggage

Question 11

locally-produced articles in sufficient quantity to meet local demand and offered at competitive prices.

Answer 11

unclassified consumer goods

Question 12

an irrevocable letter of credit that bears the guarantee of the issuing bank alone. The advising bank merely informs for exporter of the terms and conditions without adding its obligation to pay.

Answer 12

unconfirmed letter of credit

Question 13

a situation wherein an article has been found undeclared in the invoice, Clean Report of Findings, entry.

Answer 13

undeclared

Question 14

undercarriage the landing gear of an aircraft.

Answer 14

undercarriage

Question 15

the internal volume of a ship measured up to the tonnage desk the uppermost deck in a single and two-deck vessel), and in other vessels up to the second continuous deck.

Answer 15

underdeck tonnage

Question 16

a situation wherein the importer files a formal protest to contest the decision of the collector of Customs on the assessment or valuation of a shipment.

Answer 16

under protest

Question 17

a violation of Customs laws, rules, and regulations, wherein the declared value of the imported shipment is much lower than the correct transaction value. It may be discovered upon filing of fraudulent invoice or upon post-audit of the entry transaction.

Answer 17

undervaluation

Question 18

a term which means that a vessel is not an anchor, made fast to the shore, or aground.

Answer 18

underway

Question 19

a branch of the UN/ECE Committee on the Development of Trade, it consists of delegates appointed by governments and international organizations with consultative status with the United Nations. They are experts on electronic data interchange, data elements, procedures, and documentation.

Answer 19

UN/ECE/WP.4

Question 20

a person nominated by his government and appointed by UNECEMP 4 to initiate and coordinate EDIFACT development work in his jurisdiction. The nomination must be endorsed by the countries in that area.

Answer 20

UN/EDIFACT Rapporteur

Question 21

dishonest or fraudulent practices resorted to by some businesses in the course of trade and commerce.

Answer 21

unfair competition

Question 22

a refrigerated container which cooling machinery malfunctions.

Answer 22

unfit for use container

Question 23

the comprehensive rules that govern the mechanics of the letter of credit More known as UCP 500, it is published by the international Chamber of Commerce to regulate the L/C industry and make the L/C reliable as payment.

Answer 23

Uniform Customs and Practice for Documentary Credits

Question 24

damage to goods can be either localized, i.e. it is possible to determine on which mode of transport the damage occurred, or non-localized or “concealed” i.e. it is impossible to determine where the damage occurred.

Answer 24

uniform liability system

Question 25

an international code for handling of collections, clean or documentary, published by the International Chamber of Commerce

Answer 25

Uniform Rules for Collections, Publication No. 522 (URC 522)