Podcast
Questions and Answers
Who is deemed to be the owner of imported goods into the Philippines?
Who is deemed to be the owner of imported goods into the Philippines?
- The Bureau of Customs
- The consignee or the holder of the bill of lading, airway bill, or other equivalent transport document (correct)
- The importer's bank
- The customs office where the goods are cleared
When is a provisional goods declaration allowed to be lodged?
When is a provisional goods declaration allowed to be lodged?
- When the goods have not yet arrived in the Philippines
- When the declarant has all the necessary information or supporting documents
- When the goods have a commercial value of less than P50,000.00
- When the declarant does not have all the necessary information or supporting documents (correct)
Under what circumstances can a goods declaration be lodged and amended?
Under what circumstances can a goods declaration be lodged and amended?
- If the goods have not yet arrived at the customs office
- If there is a change in government regulations
- If it has already been lodged (correct)
- If there is a change in the commercial value of the goods
What constitutes a personal debt due against the importer according to the text?
What constitutes a personal debt due against the importer according to the text?
What is the period within which the goods declaration must be lodged from the date of discharge of the last package from the vessel or aircraft?
What is the period within which the goods declaration must be lodged from the date of discharge of the last package from the vessel or aircraft?
Who can be a declarant according to Sec. 106?
Who can be a declarant according to Sec. 106?
Which statement is true about the licensed customs broker?
Which statement is true about the licensed customs broker?
Under what conditions will the Bureau not impose substantial penalties for errors in goods declaration?
Under what conditions will the Bureau not impose substantial penalties for errors in goods declaration?
According to Sec. 400, where should all goods imported into the Philippines be entered?
According to Sec. 400, where should all goods imported into the Philippines be entered?
Who can authorize a responsible officer of the company to sign the goods declaration if the consignee is a juridical person?
Who can authorize a responsible officer of the company to sign the goods declaration if the consignee is a juridical person?
Study Notes
Ownership of Imported Goods
- The consignee is deemed to be the owner of imported goods in the Philippines.
Provisional Goods Declaration
- A provisional goods declaration can be lodged when the importer's actual goods description is not readily available.
Goods Declaration Lodgment and Amendment
- Goods declarations can be lodged and amended under circumstances such as inaccuracies in the original declaration or changes in the goods being imported.
Personal Debt of Importer
- A personal debt due against the importer consists of any outstanding duties, taxes, and other charges owed to the Bureau of Customs.
Declaration Lodgment Period
- The goods declaration must be lodged within 15 days from the date of discharge of the last package from the vessel or aircraft.
Declarant Eligibility
- A declarant, as per Sec. 106, may be any person or entity authorized by the Bureau of Customs to file a goods declaration.
Licensed Customs Broker Truth
- A licensed customs broker is required to be registered and must have a valid license to operate, ensuring compliance with customs regulations.
Penalty Avoidance Conditions
- The Bureau will not impose substantial penalties for errors in goods declarations if the errors are deemed minor and unintentional, and prompt correction is made.
Import Goods Entry Requirement
- According to Sec. 400, all goods imported into the Philippines must be entered at the port of discharge.
Responsible Officer Signing Authorization
- If the consignee is a juridical person, the company's by-laws or a board resolution can authorize a responsible officer to sign the goods declaration.
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Description
Test your knowledge on customs declarations and declarants with this quiz. Explore the roles and responsibilities of declarants, including importers, exporters, customs brokers, and authorized agents. Understand the process of goods declaration submission to the Bureau.
