5 Questions
What is the responsibility of operators in case of loss of stored articles in a CBW?
Operators are legally responsible
How long is the validity of a License to Operate an Ordinary Warehouse?
2 years
What is the annual supervision fee for a Duty-Free warehouse?
P250,000
Which type of industry/enterprise pays a supervision fee of P50,000?
Small industry with total assets of P5.0 million
What does a Customs Bonded Manufacturing Warehouse (CBMW) manufacture for?
Exportation
Test your knowledge on Customs Bonded Warehouses including Ordinary Warehouses, Customs Bonded Manufacturing Warehouse, rules, and regulations. Explore the control exercised by the Bureau for customs purposes per the CMTA.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free