2024 Tariff Laws Review - Day 1
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Questions and Answers

What is the principal authority on tariffs and trade remedy measures in the Philippines?

  • Philippine Tariff Commission (correct)
  • National Economic and Development Authority
  • Department of Trade and Industry
  • Bureau of Customs
  • Who is the first contact person mentioned in the content?

    Eng'r Ramon G. Lucero, Jr.

    The Tariff Commission is an attached agency of the National Economic and Development Authority.

    True

    Which of the following is NOT one of the Tariff Commission's functions?

    <p>Issue business licenses</p> Signup and view all the answers

    The Tariff Commission has the authority to conduct public consultations.

    <p>True</p> Signup and view all the answers

    What is CMTA an abbreviation for?

    <p>Customs Modernization and Tariff Act</p> Signup and view all the answers

    The Tariff Commission issues advance rulings on tariff classification of imported goods and renders rulings on disputes over tariff classification of _____ goods.

    <p>goods</p> Signup and view all the answers

    Match the following Tariff Commission functions with their descriptions:

    <p>Adjudicate trade remedies = Handle disputes relating to imports Study tariff policies = Evaluate impact on competitiveness Administer tariff schedules = Manage the classification of tariffs Provide technical support = Assist President and Congress in tariff matters</p> Signup and view all the answers

    Study Notes

    CLAP Customs Review Overview

    • Coordinated by CLAP Customs Review & Center for Professional Development, Inc. along with Pedreza Customs and Tariff Webinars.
    • Venue: Room 209, 2nd Floor, Manuel F. Tiaoqui Bldg., Plaza Sta. Cruz, Manila.
    • Contact details include Globe mobile numbers 09063811016 / 09068172757 and email [email protected], with a Facebook page at www.facebook.com/clap.stacruz/.

    2024 Tariff Laws Review - Day 1

    • Led by Eng’r Ramon G. Lucero, Jr. from the Tariff Commission.
    • Focus on Tariff Commission functions and CMTA Section 1100 related to advance ruling and classification disputes.

    Tariff Commission Structure

    • Functions under Executive Order 366, s. 2008.
    • Established authority on tariffs and trade remedies; operates as a collegial body with a Chairman and two Member Commissioners.
    • Attached to the National Economic and Development Authority (NEDA).

    Key Divisions Within the Tariff Commission

    • Research, Investigation and International Trade Analysis Service (RIITAS)
    • Finance Management and Administrative Service (FMAS)
      • Financial Management Division (FMD)
      • Administrative Division (AD)
    • Economics, Trade and Industry Studies Division (ETISD)
    • International Trade Studies Division (ITSD)
    • Commodities Studies Division (CSD)
    • Financial Studies Division (FSD)

    Functions of the Tariff Commission (CMTA Section 1603)

    • Adjudicates cases on trade remedies against imports.
    • Studies tariff policies' impact on national competitiveness and consumer welfare.
    • Manages Philippine tariff schedules and nomenclatures.
    • Issues advance rulings on tariff classifications and resolves disputes.
    • Provides independent analysis for the President and Congress on tariffs and non-tariff measures.
    • Analyzes goods for tariff classification and provides data to various government departments.
    • Reviews and makes recommendations on trade agreements negotiated by the Philippines.
    • Conducts public consultations and hearings related to its functions.
    • Can delegate tasks for ruling on tariff classification disputes to appropriate government agencies.

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    Description

    Join us for Day 1 of the 2024 Tariff Laws Review, led by Eng’r Ramon G. Lucero, Jr. from the Tariff Commission. This session will cover the functions of the Tariff Commission and relevant sections of the CMTA, particularly focusing on advance ruling and classification disputes. Delve into the structure and key divisions within the Tariff Commission to enhance your understanding of tariff laws.

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