Podcast
Questions and Answers
Which government agency is the principal authority on tariff and trade remedy measures in the Philippines?
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?
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?
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?
What is one of the functions of the Philippine Tariff Commission?
What type of measures does the Philippine Tariff Commission study the impact of?
What type of measures does the Philippine Tariff Commission study the impact of?
Which government agency is the Philippine Tariff Commission attached to?
Which government agency is the Philippine Tariff Commission attached to?
How many members are there in the collegial body that administers the Tariff Commission?
How many members are there in the collegial body that administers the Tariff Commission?
Which section of the CMTA grants the Tariff Commission the authority to issue advance rulings on tariff classification of imported goods?
Which section of the CMTA grants the Tariff Commission the authority to issue advance rulings on tariff classification of imported goods?
What is one of the trade remedy measures that the Tariff Commission adjudicates cases on?
What is one of the trade remedy measures that the Tariff Commission adjudicates cases on?
What type of analysis and support does the Tariff Commission provide to the President and Congress?
What type of analysis and support does the Tariff Commission provide to the President and Congress?
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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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