true or false Flashcards
traditional image of customs officials is often portrayed as uniformed man and women st the frontier post or airports
false, its uniformed man OR women
physical presense of customs at gateway of the country means checks can be conducted in real time after the decision is made to release a consignment of goods
false,
before the decision is made to release consignment of goods
it can also act as the deterrent to would be gangster
false, fraudster
excessive and time consuming checks at the point of clearance can be productive
false, counterproductive
modern int’l commerce works to tight deadlines. nat’l economic benifits cannot be derived as a result of smooth and timely clearance of goods
true
false, can be derived
majority of large trade involves int’l corporation with global network and complex biz and supply chain
false, majority of int’l trade involves large corp
the limited documentation required to be produced at the time of importation does provide the whole picture and context of a commercial transaction/ which is necessary to determine the INTER ALIA, the correct customs value, classification and entitilement to preparation of origin.
false, does NOT provide the whole picture
false, entitilement of the PREFERENTIAL origin
most of the time it becomes unfeasable for customs to make conclusive decision regardign duty liability in the narrow time frame available.
true, it is CONCLUSIVE decision and duty LIABILITY in narrow time time available
it is not appropriate to delay whilst resolving such inquiries
false, there is an exception. UNLESS FRAUD IS SUSPECTED
many administration concentrates their control on post importation/ exportation environment whilst selecting retained and trageted checks at the frontier
false, whilst RETAINING SELECTED and targeted checks
by application of customs post clearance and risk based approach customs are able to target their resources more effectively and work with partnership with biz community to improve compliance level and facilitate trade
true.
by APPLICATION of POST CLEARANCE and RISK BASED APPROACH
to IMPROVE COMPLIANCE LEVEL and FACILITATE TRADE
PCA process can be defined as structured examination of biz relevant commercial system , sales contract, financial and nonfinancial records, phy. stocks and other assets as a means to measure and improve compliance
true,
structured exam
of
-biz relevant commercial system
-sales contract
-financial and non financial records
-physical stocks
-other assets (means to measure and improve compliance)
a dynamic risks program is indespensable for PCA
true, INDESPENSABLE
PCA is not standalone process.
true. true tlaga yan hehe
PCA is needs to be embedded in wider facilitation context, allowing simplified clearance procedure at the borders, warehousing procedure and other customs regimes
true
customs regime is a is built on a regularly functioning rs between the customs administrations and trader
true, REGULAR FUNCTIONING RS between CA and TRADER
customs control are required to be normally migrated from the border to post importation environment (transaction based control, and adopting compliance based on PCA)
true
transaction based control samples is based on low and high based transaction
false, LOW and MEDIUM based
adopting compliance based on PCA in customs control to be normally migrated is for high risk transaction
True
volume 1 is primarily targeted at management kevel to asssist with the development and administration of PCA PROGRAMME. volume 2 is focuses on sustainable aspects of PCA with practical and checklist for auditing officials.
true
false, volume 2 focuses on OPERATIONAL aspects of PCA
PCA should not be confused by INTERNAL AUDIT because it may be useful for management purpose and part of integrity program BUT quite DISTINCT from the concept of PCA
TRUE
PCA is not one to one with AEO validation/audit but they can complement each other during diff stages of process
true, PCA is NOT ONE TO ONE with AEO.
validation / audit seeks to verify whether the applicant meets. AEO continue to meet, the requirements of its scope of audit based.
true
false, its scope of AUTHORIZATION
PCA invoives examination of teaders systems, accounting adn ither biz records and premises to teamst and measure compliance of information submitted for authorized agent
false, submitted for CUSTOMS DECLARATON
feedbacks result from PCA work conducted in applicant or approved AEO can be used as part of information gathering during AEO validation process and vice versa
true
if company is already an AEO, any PCA should take into account validations in order to avoid dumplication
true, IF AEO, PCA shoukd take inti acc
it is highly recomended that risk based selection criteria are used to determine which customs declarations will be verified
true
to facilitate pca it is necessry to implement legislation which provides customs with legal basis to conduct an audit and also sets out the right ls and obligations of auditee
true
not each customs administration can develop laws and regulation ls based on national requirements or in cases where customs union exists
false, EACH CUSTOMS ADMINISTRATION CAN DEVELOP LAWS AND REGULATIONS
the scope and coverage of pca namely which person may be subj to an audit should not defined in customs laws and regulations
false, it SHOULD be CLEARLY DEFINED
customs law ang regukations should provide members conducting pca with the authority to conduct an audit and at premises of auditee and broker
false
should provide OFFICERS
at premises of auditees and AUDITORS
an obligation should be confidential
true
when the scope of auditees is expanded to persons other than declarants and importers, it will come inti question whether a legal obli for keeping ecord can be imposed on all persons companies designated as COMPLEMENTARY AUDITEES
true
he adequacy of powers available to customs administrations under national law needs ti be kept under review and shoukd be modified where the necessary to respond to new national and international commitments
true
other non customs legislation relevant of conducting pca
- regulations of biz entities and activities ( commercial law, company law, income tax law)
- import /export licensing requirements
- foreign currency control
-obligations deriving from binding UN security council resolutions: chapter VII UN CHAPTER
PCA has an interface with many other areas within customs dept ( risk management, intelligence sharing, enforecement, debt/revenue collection and legal support ).
true
the operational structure should therefore reflect and facilitate close working and effective communication aming these areas and these agencies
false, ORGANIZATIONAL and MANAGEMENT structure
pca program will be driven by a central team responsible for managing audit program
true
administration will or can set up one or more operational pca units
false it can but DEPENDING ON THE SITUATION OF PARTICULAR COUNTRY
read organizational structure pg 13 to see facts
o.o
