WEEK 2 Flashcards
CMTA: CBWs, CFWs, Relief Consignment, Postal Items & Express Shipments
shall designate and establish warehouses for use as public and
private bonded warehouses, yards, or for other special purposes
District Collector, subject to the approval
of the Commissioner
All such warehouses and premises shall be subject to the supervision of the _____________ who shall impose such conditions as may be deemed necessary for the protection of the revenue, and of the goods stored therein.
District Collector
In the exercise of the District Collector’s supervisory functions herein and in
the Bureau’s implementation of this chapter, existing contracts of private operators with
appropriate government agency or regulator, such as, but not limited to, __________________________________________and their respective authorities and powers already granted by law pertinent to such
contracts, shall not be impaired or adversely affected.
the Philippine Ports
Authority (PPA), Subic Bay Metropolitan Authority (SBMA) and Phividec Industrial Authority
(PIA)
Goods manufactured in whole or in part of imported materials, and intended for
exportation, may be made and manufactured in a bonded manufacturing warehouse subject
to the following conditions;
(1) The manufacturer shall file sufficient security for the faithful observance of all laws, rules and regulations applicable thereto;
(2) The application for the establishment of bonded warehouses must be made in
writing and filed with the customs officer, describing the premises, the location, and capacity of the same, and the purpose for which the building is to be used, pursuant to Section 804 of this Act;
(3) From the receipt of the application, the customs officer shall examine the premises,
evaluate its location, construction, and means provided for the safekeeping of the goods;
(4) The customs officer may authorize the establishment of the customs bonded warehouse, and accept a bond for its operation and maintenance if the applicant was compliant with the prescribed requirements; and
(5) The operator of the bonded warehouse shall pay an annual supervision fee in an amount to be fixed by the Commissioner.
Customs bonded
warehouses may be classified as ______________
either manufacturing or nonmanufacturing.
Types of Manufacturing Customs bonded warehouse:
(a) miscellaneous customs bonded warehouse;
(b) customs common bonded warehouse; or
(c) industry-specific bonded warehouse.
Nonmanufacturing customs bonded warehouse include:
(a) public bonded warehouse;
(b) private bonded warehouse; or
(c) other customs facilities.
Types of Customs Facilities and Warehouses (CFWs):
(a) Container yard;
(b) Container freight station;
(c) Seaport warehouses; and
(d) Airport warehouses.
Who create or dissolve certain types of warehouse?
Secretary of Finance may, upon the recommendation of the
Commissioner, Subject to consultation with the NEDA and the DTI, and based on prevailing economic circumstances
Application for the establishment of CBW and CFW shall be filed with the _________ where the CBW or CFW is located, describing the premises, location, capacity and purpose thereof.
District Collector
Upon receipt of such application, the _____________shall examine the premises of such
proposed warehouse, particularly its location, construction and storage facilities.
District Collector
may authorize the establishment of customs warehouses, and accept the required security for its operation and maintenance.
District Collector, with the approval of the Commissioner
who shall pay the annual supervision fee for CBW and CFW as determined by the Commissioner?
operator of such CBW and CFW
Who determined the annual supervision fee for CBW and CFW?
a. Collector of Customs
b. Secretary of Finance, recommended by Commissioner
c. District Collector with Approval of Commissioner
d. Commissioner
e. Operator of CBW or CFW
d. Commissioner
True or false
The operator of a CBW or CFW shall comply with the customs requirements on establishment, security, suitability and management, including stock-keeping and accounting of the goods, of the CBW or CFW.
True
True or False
Upon lawful demand, the operator of a CBW or CFW shall allow authorized representatives of the Bureau access to the premises at a reasonable time, and to all documents, books and records of accounts pertaining to importations and exportation operations.
Upon lawful demand, the operator of a CBW or CFW shall allow authorized representatives of the Bureau access to the premises at a reasonable time, and to all documents, books and records of accounts pertaining to the operations of the CBW or CFW.
In case of loss of the goods stored in a CBW or CFW due to operator’s gross negligence
or willful misconduct, who shall be liable for the payment of duties and taxes due
thereof?
a. operator
b. consignee
c. customs officer
d. district collector
a. operator
True or False
The government assumes the legal responsibility over the safekeeping of goods
stored in any customs warehouse, yard or premises, In case of loss of the goods stored in a CBW or CFW due to operator’s gross negligence or willful misconduct.
False
The government assumes NO legal responsibility over the safekeeping of goods
stored in any customs warehouse, yard or premises, in case of loss of the goods stored in a CBW or CFW due to operator’s gross negligence or willful misconduct
The ___________shall, for customs
purposes, exercise control over, direct and manage CBWs and CFWs pursuant to Section
303 of this Act and likewise over the goods thereat pursuant to Section 301 of this
Act: Provided, That the Bureau shall not be liable for any loss or damage of the goods
stored for safekeeping in any CBW, CFW, yard or premises.
a. Department of Finance
b. Bureau
c. Commissioner
d. District Collector
Bureau
Who may discontinued the use of any CBW and CFW when conditions so warrant, or upon receipt of a written request from the operator thereof?
District Collector
Where dutiable goods are stored
in such premises (CFW and CBW), the same must be removed at the risk and expense of the
__________
operator
Discontinuance of the use of any warehouse shall be effective upon approval thereof by the __________ who shall, within ten (10) days, inform the Commissioner of such action in writing.
District Collector
True or False
Notice of discontinuance made by the operator shall result in the discharge from any duties, taxes, fees and other charges imposed on dutiable goods in said warehouse.
False
Notice of discontinuance made by the operator shall NOT result in the discharge from any duties, taxes, fees and other charges imposed on dutiable goods in said warehouse.
For goods declared in
the entry for warehousing in CBWs, the _______________ shall require the importer to post a sufficient security equivalent to the computed duties, taxes and other charges, conditioned upon the withdrawal of the goods within the period prescribed by Section 811 of this Act or the payment of duties, taxes and other charges and compliance with all importation requirements.
District Collector
When shall imported goods be withdrawn from the CBWs ?
when necessary withdrawal permit has been filed, together with any related document
Goods entered under sufficient security as provided in Section 1507 of this Act may be withdrawn from CBWs at any time for consumption, transit, or exportation. The withdrawal must be made by the ___________ or its duly authorized representative.
CBW operator
True or False
All goods entered into the CFWs shall be subject to the filing of a goods declaration within the period specified under Section 407 of this Act.
True
Period storage in CBWs
maximum period of 1 year from the time of arrival
for perishable: 3 months from the date of arrival, extendable for another 3 months.
True or False
Goods not withdrawn in CBWs after the expiration of the prescribed period shall be deemed as abandoned, as provided under Section 1129 of this Act
True
who shall establish a reasonable storage period limit beyond one (1) year for bonded goods for
manufacturing and intended for export, the processing into finished products of which
requires a longer period based on industry standard and practice.
Commissioner in consultation with the Secretary of Trade and Industry subject to the approval of Secretary of Finance
Goods duly entered for warehousing in CBWs shall be exempt from duty and tax within the allowed period for storage unless withdrawn for __________________, in which case, such withdrawal will be subject to the applicable rules and regulations on the liquidation of the warehousing entry.
consumption, exportation or transit to a free zone or another CBW
Who shall kept an account of all goods delivered to a CBW?
Bureau
Who made a report containing ta detailed statement of all imported goods entered and withdrawn from the CBW?
CBW Operator
A report shall be made by the CBW operator containing a detailed statement of all imported goods entered and withdrawn from the CBW.
Who specify the format of the report and may require electronic submission?
a. Bureau
b. District Collector
c. Commissioner
d. Secretary of Finance
a. Bureau
All documents, books, and records of accounts concerning the operation of any CBW
shall, upon demand, be made available to the ____________ or the representative of the
District Collector for examination or audit. For record purposes, all documents shall be kept
for three (3) years.
District Collector
Goods such as food, medicine, equipment and materials for shelter, donated or leased to government institutions and accredited private entities for free distribution to or use of victims of calamities shall be treated and entered as _______________.
relief consignment
Upon declaration of a state of calamity, clearance of relief consignment shall be a matter
of priority and subject to a ________________.
simplified customs procedure
Readings!!!!!!
Upon declaration of a state of calamity, clearance of relief consignment shall be a matter of priority and subject to a simplified customs procedure. The Bureau shall provide for:
(a) Lodging of a simplified goods declaration or of a provisional or incomplete goods declaration subject to completion of the declaration within a specified period;
(b) Lodging, registering and checking of the goods declaration and supporting documents prior to the arrival of the goods, and their release upon arrival;
(c) Clearance beyond the designated hours of business or away from customs offices and waiver of any corresponding charges; and
(d) Examination and/or sampling of goods only in exceptional circumstances.
Who shall joint forces to issue the rules and regulations for the implementation of Section 120. Relief Consignment
DOF and DSWD
True or False
Relief consignment, as defined in Section 120, imported during a state of calamity and intended for a specific calamity area for the use of the calamity victims therein, shall be exempt from duties and taxes.
True
The Bureau shall provide __________ customs procedure for traveler and baggage processing based on international agreements and customs best practices.
simplified
True or false
Travelers shall be permitted to export goods for commercial purposes, subject to compliance with the necessary export formalities and payment of export duties, taxes and charges, if any.
True
Postal item or mail shall include ____________and_______, as described in international practices and agreements, such as the Acts of the Universal Postal Union (AUPU), currently in force.
letter-post and parcels
True or False
A modified procedure shall be used in the clearance of postal item or mail, including the
collection of the applicable duties and taxes on such items or goods.
False
A simplified procedure shall be used in the clearance of postal item or mail, including the
collection of the applicable duties and taxes on such items or goods.
Postal item or mail shall include letter-post and parcels, as described in international practices and agreements, such as the ____________ , currently in -force.
Acts of the Universal Postal Union (AUPU)
When all the information required by the customs are available in the special declaration form for postal items as provided in the AUPU or similar international agreements, the special declaration form and supporting documents shall be the ___________.
goods declaration
The special declaration form and supporting documents shall be the goods declaration. Except:
a separate goods declaration shall be required for the ff:
a) Goods whose value fall within the level that the Commissioner has determined to be taxable and thus must be covered by a goods declaration;
(b) Prohibited and regulated goods;
(c) Goods, the exportation of which must be certified; and
(d) Imported goods under a customs procedure other than for consumption.
The Bureau shall provide simplified customs procedures based on international standards and customs best practices for air shipments considered as ________and __________.
time-sensitive and requiring pre-arrival clearance.
True or False
Express shipments of accredited air express cargo operators may be released prior to the payment of the duty, tax and other charges upon posting of a sufficient security.
True
When may Express shipments of
accredited air express cargo operators be released prior to the payment of the duty, tax and other charges.
upon posting of a sufficient security
True or False
The Bureau may establish and implement a voluntary program on advance customs clearance and control on containerized cargoes. The details of the voluntary advance customs clearance shall be subject to the rules and regulations to be issued by the Bureau after conducting the necessary public hearings and consultations with the concerned sectors.
True
Public Bonded Warehouse in Airports are re-classified as _____________________
a. Industry Specific Customs Bonded Warehouse (ICBW)
b. Manufacturing Bonded Warehouse (MBW)
c. Public Bonded warehouse
d. Customs Facilities and Warehouse (CFW)
d. Customs Facilities and Warehouse (CFW)
True or False
Authority to operate a CBW is personal to the warehouse operator and shall not be transferred or assigned for whatever reason.
True
Importer shall, within a non-extendible period of ___________ from the date of complete and full exportation, submit the complete docs required for the liquidation of the entry.
60 days
Who shall assign a warehouse number for all CBWs including accredited members of CCBWs for all authority to operate granted?
Warehousing Coordinating Division (WCD) under the Office of the Deputy Commissioner, AOCG
Authority to operate a CBW shall b valid for ____________ counted from the date of the approval of the application for establishment.
3 years
The application for renewal of authority to operate a CBW shall be filed ______________________.
Not later than 90 days but not earlier than 120 days before its expiration.
