Gen Z Prime 2024 Customs Review
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Questions and Answers

The unauthorized sharing of Gen Z Prime's lectures can lead to criminal prosecution.

True

What is the minimum fine for violating online piracy laws according to Republic Act No. 8792?

  • P200,000.00
  • P50,000.00
  • P100,000.00 (correct)
  • P150,000.00
  • The Department of Finance approved Customs Administrative Order No. ____.

    01-2019

    What is the purpose of the Post Clearance Audit group (PCAG)?

    <p>To conduct audits of importers and related parties.</p> Signup and view all the answers

    Which Republic Act pertains to the Ease of Doing Business?

    <p>RA 11032</p> Signup and view all the answers

    What is the consequence of unauthorized copying and sharing of Gen Z Prime's lectures?

    <p>Fines and possible imprisonment</p> Signup and view all the answers

    The zero-contact policy is part of the Ease of Doing Business Act.

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

    What is the minimum fine provided for online piracy under Republic Act No. 8792?

    <p>P100,000.00</p> Signup and view all the answers

    Which process includes Import Clearance?

    <p>Formal Entry Process</p> Signup and view all the answers

    What is the role of the Post Clearance Audit group?

    <p>To conduct audits of importers and beneficial owners of imported goods</p> Signup and view all the answers

    The Customs Administrative Order No. _____ was signed on 9 January 2019.

    <p>01-2019</p> Signup and view all the answers

    Study Notes

    Gen Z Prime 2024 Customs Documentations, Clearance, and Procedures Review Topics

    • Unauthorized copying, dissemination, uploading, downloading, and storage of Gen Z Prime's lectures and review materials is strictly prohibited and will be prosecuted to the full extent of the law.
    • Unauthorized acts are punishable as online piracy under Republic Act No. 8792, otherwise known as the Electronic Commerce Act, which provides for a minimum fine of P100,000.00 and a maximum commensurate to the damage incurred and mandatory IMPRISONMENT (NO PROBATION) of six (6) months to three (3) years.

    Review Topics

    • Day 1: Establishment of the Bureau of Customs Customer Care Centers (CCCs) and the Zero-Contact Policy implementing Republic Act 11032 or the Ease of Doing Business and Efficient Government Service Delivery Act of 2018
    • Day 2: Import Clearance through Formal Entry Process and Modes of Payment
    • Day 3: Conditionally Tax and/or Duty Exempt Importation
    • Day 4: Relief Consignment, Baggage Clearance, Postal Item, Exports
    • Day 5: Transit and Transshipment; Stores and Service Providers/Third Parties
    • Day 6: Post Clearance Audit, Prior Disclosure Program (CAO 1-2019)
    • Day 7: CBW Establishment, CFW and Free Zone Operations
    • Day 8: Special Procedures
    • Day 9: Drawback, Abatement, Refunds and CMTA Miscellaneous Provisions
    • Day 10: Mockboards

    Post Clearance Audit Group (PCAG)

    • Customs Administrative Order (CAO) No. 01-2019 implements post-clearance audit functions
    • The Department of Finance (DOF) Secretary approved CAO No. 01-2019 in January 2019.
    • The PCAG conducts audits of importers, beneficial or true owners of imported goods, customs brokers, agents, and locators, as well as all other parties.

    Customs Documentations & Procedures

    • The Bureau of Customs (BOC) implements Republic Act 11032, otherwise known as the EASE of Doing Business and Efficient Government Service Delivery Act of 2018.
    • The BOC has implemented a Zero-Contact policy.
    • The BOC has implemented a Post Clearance Audit (PCA) program.
    • The Post Clearance Audit Group (PCAG) is mandated to conduct audits of importers, beneficial owners, customs brokers, agents, and locators.
    • The PCAG is mandated to conduct audits based on Customs Administrative Order 1-2019.

    Import Clearance

    • The BOC utilizes a formal entry process for import clearance.
    • Import clearance can be done through various payment methods.

    Conditional Tax and Duty Exempt Importations & Other Topics

    • The BOC allows for conditional tax and/or duty exempt importations.
    • The BOC processes relief consignments.
    • The BOC handles clearance of baggage.
    • The BOC processes postal items.
    • The BOC manages exports.
    • The BOC manages transit and transshipment.
    • The BOC governs stores and service providers.

    Special Procedures

    • The BOC has specific procedures for drawback, abatement, and refunds.
    • The BOC has procedures for the Centralized Monitoring and Targeting Administration (CMTA).

    Warnings and Notices

    • Unauthorized copying, dissemination, sharing, uploading, downloading, and storage of Gen Z Prime's lectures and other review materials is prohibited.
    • Anyone who engages in unauthorized activities will be prosecuted under applicable laws, including online piracy under Republic Act No. 8792.
    • The Electronic Commerce Act penalizes unauthorized activities with a minimum fine of P100,000.00, a maximum commensurate to the damage incurred, and imprisonment of six (6) months to three (3) years.

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    Description

    This quiz covers essential topics related to customs documentation, clearance, and procedures as outlined in the Gen Z Prime 2024 curriculum. Participants will explore laws like the Ease of Doing Business Act and various entry processes, ensuring a comprehensive understanding of importation protocols.

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