6 Questions
Under CAO 01-2023, what is the regularization fee for second or subsequent offenses if evidence of re-exportation is not provided?
US$50
According to CAO 01-2023, what is the regularization fee for the first offense if evidence of re-exportation is not provided?
US$25
What organizations should the BOC work closely with for the utilization and implementation of the electronic ATA Carnet system in the Philippines?
National Issuing and Guaranteeing Association (NIGA) and International Chamber of Commerce (ICC)
True or false: CAO 01-2023 imposes a regularization fee if evidence of re-exportation is not provided by the re-exportation counterfoil that is duly completed, signed, stamped, and dated by BOC.
True
True or false: The regularization fee for second or subsequent offenses under CAO 01-2023 is set at a Philippine peso amount equivalent to US$25.
False
True or false: CAO 01-2023 adds a subsection to CAO 02-2022 which states that BOC should work closely with the National Issuing and Guaranteeing Association (NIGA) and the International Chamber of Commerce (ICC) for the utilization and implementation of the electronic ATA Carnet system in the Philippines once the digital carnet system is implemented.
True
Test your knowledge of CAO 01-2023 amendments and the regularization fee imposed in Section 4.11 of CAO 02-202
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