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Questions and Answers
What does 'abatement' refer to in the context of this Act?
What does 'abatement' refer to in the context of this Act?
- Act of bringing imported goods into a free zone
- Customs procedure applicable to goods leaving the Philippine territory
- Reduction or diminution of duties and taxes where payment has not been made (correct)
- Transport document for airfreight used by airlines
What does 'actual or outright exportation' refer to in the context of this Act?
What does 'actual or outright exportation' refer to in the context of this Act?
- Customs procedure applicable to goods leaving the Philippine territory (correct)
- Act of bringing imported goods into a free zone
- Transport document for airfreight used by airlines
- Reduction or diminution of duties and taxes where payment has not been made
What does 'admission' refer to in the context of this Act?
What does 'admission' refer to in the context of this Act?
- Act of bringing imported goods into a free zone (correct)
- Reduction or diminution of duties and taxes where payment has not been made
- Transport document for airfreight used by airlines
- Customs procedure applicable to goods leaving the Philippine territory
What is an 'airway bill (AWB)' in the context of this Act?
What is an 'airway bill (AWB)' in the context of this Act?
Which term refers to the act of bringing imported goods directly or through transit into a free zone?
Which term refers to the act of bringing imported goods directly or through transit into a free zone?
What is the Bill of Lading (B/L) used for?
What is the Bill of Lading (B/L) used for?
What does 'clearance' refer to in the context of customs?
What does 'clearance' refer to in the context of customs?
What does 'conditional importation' refer to under the RKC?
What does 'conditional importation' refer to under the RKC?
Who is considered an Authorized Economic Operator (AEO)?
Who is considered an Authorized Economic Operator (AEO)?
Who is considered a 'Carrier' in the context of customs?
Who is considered a 'Carrier' in the context of customs?
What is the primary purpose of an Airway Bill (AWB) in the context of customs?
What is the primary purpose of an Airway Bill (AWB) in the context of customs?
In the context of customs, what does 'actual or outright exportation' refer to?
In the context of customs, what does 'actual or outright exportation' refer to?
What is the primary function of an Abatement in the context of this Act?
What is the primary function of an Abatement in the context of this Act?
What does 'admission' refer to in the context of this Act?
What does 'admission' refer to in the context of this Act?
What is the purpose of an Airway Bill (AWB) in the context of customs?
What is the purpose of an Airway Bill (AWB) in the context of customs?
What is the purpose of a Bill of Lading (B/L) in the context of customs?
What is the purpose of a Bill of Lading (B/L) in the context of customs?
In the context of customs, what does 'Clearance' refer to?
In the context of customs, what does 'Clearance' refer to?
What is an 'Authorized Economic Operator (AEO)' in the context of customs?
What is an 'Authorized Economic Operator (AEO)' in the context of customs?
What does 'Conditional Importation' refer to under the RKC?
What does 'Conditional Importation' refer to under the RKC?
What does 'Carrier' refer to in the context of customs?
What does 'Carrier' refer to in the context of customs?