Customs Administration Studies

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Questions and Answers

What is the focus of Customs Administration?

E-commerce regulations

International banking practices

Tax collection procedures

Administration of customs operations and brokerages (correct)

Why is the re-engineering of customs administration curriculum necessary?

To decrease export growth

To increase import tariffs

To reduce economic development

To comply with World Trade Organization commitments (correct)

What does a Bachelor of Science in Customs Administration specialize in?

Import and export documentation procedures (correct)

Healthcare administration

Regional agriculture practices

Environmental conservation policies

What does the degree in Customs Administration symbolize?

Expertise in Tariff and Customs Laws Signup and view all the answers

What is the role of graduates from the Bachelor of Science in Customs Administration program?

Handling clearance of goods from customs custody Signup and view all the answers

How was the Customs Administration program recognized by the government?

By virtue of Resolution No. 021, series of 2002 of the Commission en banc Signup and view all the answers

What is the main goal of the reform measure mentioned in the text?

To accelerate export growth and economic development through trade facilitation Signup and view all the answers

What follows the curriculum of the Bachelor of Science in Customs Administration program as mentioned in the text?

CMO number 11 series of 2005 Signup and view all the answers

What is the role of graduates from the Customs Administration program as highlighted in the text?

Experts in tariff and customs matters, particularly clearance of goods from customs custody Signup and view all the answers

What is the requirement for goods intended for transit admitted for storage in a customs bonded warehouse?

Compliance with any conditions and security required by the Bureau Signup and view all the answers

For goods admitted for transshipment, what is the key requirement to avoid the payment of duties and taxes?

Indicating the nature of the goods in the customs declaration Signup and view all the answers

In what scenario are goods for consumption and other goods intended for customs transit subject to duties and taxes?

When they are not covered by specific regulations mentioned in the text Signup and view all the answers

What is required for foreign vessels to transport and co-load foreign cargoes for domestic transshipment according to Republic Act No. 10668?

Compliance with conditions set by the Bureau Signup and view all the answers

Under what condition may the Commissioner allow an extension of the 30-day export period for goods admitted for transshipment?

After providing valid reasons for extension Signup and view all the answers

Study Notes

Customs Transit in the Customs Territory

Customs transit is allowed within the customs territory for goods except those intended for consumption.
Goods can be transported under customs transit in the following ways:
- From port of entry to another port of entry as exit point for outright exportation.
- From port of entry to another port of entry or inland customs office.
- From inland customs office to a port of entry as exit point for outright exportation.
- From one port of entry or inland customs office to another port of entry or inland customs office.

Transit Permit and Customs Seals

A transit permit is required for goods transported under customs transit.

Transfer of Goods

Transfer of goods in customs transit from one means of transport to another is allowed.
However, this is subject to the condition that any customs seal or fastening is not broken or tampered with.

Compliance and Penalties

The party responsible for customs transit must ensure that goods are presented intact and in due course at the customs office of destination.
Failure to comply with customs transit obligations, follow a prescribed itinerary, or deliver goods within the specified period may result in:
- Immediate imposition of corresponding duties, taxes, and other applicable fines, penalties, and surcharges.

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Description

Explore topics related to the administration of customs operations, brokerages, international trade practices, and the re-engineering of customs administration curriculum. Learn about how these areas relate to the Philippines' commitments to the World Trade Organization (WTO) and efforts to accelerate export growth and economic development through trade facilitation.