CDP- Session 7

Which of the following is the specific standard document required by the DOF for securing TEI for the importation of spare parts of vessels of foreign registry?

• Certificate of Foreign Registry

• Charter Party Agreement

• MARINA Certification

• ISPS Vessel Certificate

Which of the following is the prescribed re-exportation period for trailer chassis imported by the trucking companies for their exclusive use in handling containerized cargo?

• 1 year

• No required re-exportation period

• From year to year

• 6 months

If a Qualified Jewelry Enterprise imported silver to be used in the manufacture of various jewelry, what is the extent of exemption from duties and taxes?

• Duty and Excise Tax-exempt only

• Duty and VAT exemption on importation only

• Duty, VAT, and Excise Tax exempt

• Duty exempt only

Which of the following are the duty and tax treatment for the importation of personal and household effects of the wife of the DFA officer assigned abroad?

• Duty and VAT exempt

• Duty exempt only

• Subject to Duties and Taxes

• Conditionally free under bond/security

If the Philippine State College of Aeronautics will bring in aircraft simulator devices to be used on their BS Aeronautical Engineering program, which of the following will be the tax treatment of their importation?

• Duty exempt only

• No exemption, subject to duties and taxes

• VAT exempt only

• Exempted from duties and taxes

Which of the following is the extended period for the re-exportation of commercial samples?

• 3 months from the expiration of the original period

• 6 months from the expiration of the original period

• 9 months from the expiration of the original period

• Not subject for extension

Which of the following is the amount of security required to be posted for the importation of trailer chassis?

• Security not required

• 100% of ascertained duties, taxes and other charges thereon

• 150% of ascertained duties, taxes, and other charges thereon

• 200% of ascertained duties, taxes and other charges thereon

Which of the following government agencies will issue a certification that the importation of animals will be used for economic development purposes?

• DOF

• NEDA

• BOC

• PEZA

Who has the duty to fix supervision fees for the importation of trailer chassis and to be temporarily deposited in the customs territory when not in use?

• District Collector

• Director, Port Operations Service

• Commissioner of Customs

• Deputy Commissioner, AOCG

It is a specific standard document required by the DOF for securing TEI for importation of spare parts of vessels of foreign registry?

• Certificate of foreign Registry

• Charter Party Agreement

• MARINA Certification

• ISPS Vessel Certificate