Questions and Answers
What does Section 27 of Republic Act No. 9280 pertain to?
What is required for a corporation to engage in customs brokerage according to Section 29?
Who must sign the import entry under Section 27?
What does the term 'engaging in the business of customs brokerage' exclude?
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Under the amended law, what is the status of a corporation in customs brokerage?
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What additional requirement is specified for exporters regarding the export declaration?
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What is the main purpose of amending Republic Act No. 9280?
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Which of the following is NOT mentioned as an act constituting the practice of customs broker profession?
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What is the minimum paid-up capital required for corporations to be accredited by the Bureau of Customs?
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What is required for an import entry to be valid according to Section 27?
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Who has the authority to sign the export declaration under the amended law?
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Which of the following statements about the practice of customs brokerage is NOT true?
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What does the term 'engaging in the business of customs brokerage' entail?
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What is NOT included as a necessary provision for sections concerning the customs brokerage profession?
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Which aspect of the customs broker profession was amended under Republic Act No. 9853?
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What is the requirement for a corporation to be registered for customs brokerage?
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Study Notes
Republic Act No. 9853
- Enacted on July 27, 2009, in Metro Manila, Philippines.
- Amends Republic Act No. 9280, known as the "Customs Brokers Act of 2004".
Key Sections Amended
-
Section 27: Defines acts constituting the practice of the customs broker profession.
- Any action within the provisions of Section 6 is considered engaging in customs brokerage.
- Import entries must be signed under oath by a customs broker and consignee/owner.
- Export declarations must be signed by the exporter, who can delegate to a customs broker.
-
Section 29: Details admission to professional practice.
- Customs brokerage is a professional service requiring individual qualifications for admission.
- Corporations may be registered for customs brokerage if they hire at least one licensed customs broker.
- Corporations must have a minimum paid-up capital of One million pesos (Php 1,000,000.00) for Bureau of Customs accreditation.
- Engaging in customs brokerage involves making representations for importer clients to the Bureau of Customs and other agencies.
Repealing Clause
- Repeals or modifies all existing laws and orders inconsistent with the provisions of Republic Act No. 9853.
Republic Act No. 9853
- Enacted on July 27, 2009, in Metro Manila, Philippines.
- Amends Republic Act No. 9280, known as the "Customs Brokers Act of 2004".
Key Sections Amended
-
Section 27: Defines acts constituting the practice of the customs broker profession.
- Any action within the provisions of Section 6 is considered engaging in customs brokerage.
- Import entries must be signed under oath by a customs broker and consignee/owner.
- Export declarations must be signed by the exporter, who can delegate to a customs broker.
-
Section 29: Details admission to professional practice.
- Customs brokerage is a professional service requiring individual qualifications for admission.
- Corporations may be registered for customs brokerage if they hire at least one licensed customs broker.
- Corporations must have a minimum paid-up capital of One million pesos (Php 1,000,000.00) for Bureau of Customs accreditation.
- Engaging in customs brokerage involves making representations for importer clients to the Bureau of Customs and other agencies.
Repealing Clause
- Repeals or modifies all existing laws and orders inconsistent with the provisions of Republic Act No. 9853.
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Description
This quiz covers the provisions and amendments of Republic Act No. 9853, which enhanced the Customs Brokers Act of 2004 in the Philippines. Test your knowledge of key definitions and requirements for customs brokerage as defined in the amended sections. Understand the implications for both individual practitioners and corporations.
