Philippine Tariff Commission
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Questions and Answers

Which government agency is the principal authority on tariff and trade remedy measures in the Philippines?

  • National Economic and Development Authority
  • Bureau of Customs
  • Philippine Tariff Commission (correct)
  • Department of Trade and Industry
  • Who administers the Philippine Tariff Commission?

  • The Department of Finance
  • The National Economic and Development Authority
  • The President of the Philippines
  • A collegial body composed of the Chairman and two Member Commissioners (correct)
  • Which section of the CMTA grants the Philippine Tariff Commission the authority to adjudicate cases on the application of trade remedies?

  • Section 1603 (correct)
  • Section 711
  • Section 712
  • Section 713
  • What is one of the functions of the Philippine Tariff Commission?

    <p>Adjudicating cases on the application of trade remedies</p> Signup and view all the answers

    What type of measures does the Philippine Tariff Commission study the impact of?

    <p>Tariff policies and programs</p> Signup and view all the answers

    Which government agency is the Philippine Tariff Commission attached to?

    <p>National Economic and Development Authority</p> Signup and view all the answers

    How many members are there in the collegial body that administers the Tariff Commission?

    <p>3</p> Signup and view all the answers

    Which section of the CMTA grants the Tariff Commission the authority to issue advance rulings on tariff classification of imported goods?

    <p>Section 1603</p> Signup and view all the answers

    What is one of the trade remedy measures that the Tariff Commission adjudicates cases on?

    <p>All of the above</p> Signup and view all the answers

    What type of analysis and support does the Tariff Commission provide to the President and Congress?

    <p>Independent analysis and technical support</p> Signup and view all the answers

    Study Notes

    Philippine Tariff Commission Overview

    • The Philippine Tariff Commission serves as the principal authority on tariff and trade remedy measures in the Philippines.
    • The Commission administers under the auspices of the Department of Trade and Industry (DTI).

    Authority and Functions

    • Section 131 of the Customs Modernization and Tariff Act (CMTA) empowers the Philippine Tariff Commission to adjudicate cases related to trade remedies.
    • The Tariff Commission's functions include the issuance of advance rulings on the tariff classification of imported goods.

    Trade Remedies and Analysis

    • The Philippine Tariff Commission studies the impact of various trade remedy measures, which may include anti-dumping and countervailing duties.
    • Within the collegial body of the Tariff Commission, there are five members responsible for its administration.

    Support and Collaboration

    • The Tariff Commission provides analytical support and recommendations to both the President of the Philippines and Congress, aiding in trade policy decisions.
    • Section 103 of the CMTA grants the Commission the authority to issue advance rulings on import tariff classification, ensuring clarity for importers.

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    Description

    Test your knowledge on the Philippine Tariff Commission and its functions with this quiz. Learn about its role as the principal authority on tariff and trade remedy measures, and its administration by a collegial body. Challenge yourself with questions on the application of trade remedies and more.

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