CDP (POST CLEARANCE AUDIT)

The following are the records to be kept by the Bureau, except one;

• Audit results

• Importation privileges enjoyed

• The company structure, which shall

  include but not limited to incorporators

  and board of directors, key officers, and

  organizational structure

• all of the choices shall be kept by the bureau

the offender who is charged

for committing FRAUD and is found guilty

thereof, shall be penalized with a fine

equivalent to?

• four (4) times of the revenue

  loss and/or imprisonment of not more

  than two (2) years, but not less than

  six (6) years.

• four (4) times of the revenue

  loss and/or imprisonment of not less

  than two (2) years, but not more than

  six (6) years.

• six (6) times of the revenue

  loss and/or imprisonment of not more

  than two (2) years, but not less than

  eight (8) years.

• six (6) times of the revenue

  loss and/or imprisonment of not less

  than two (2) years, but not more than

  eight (8) years.

the offender shall be charged for committing NEGLIGENCE, and, if found

guilty shall be penalized with a fine equivalent

to?

• 110% of the revenue loss

• 115% of the revenue loss

• 120% of the revenue loss

• 125% of the revenue loss

Who shall verify the completeness of the PDP

application form including payment of duties and taxes

and other supporting documents?

• Customs Officer

• Audit Team

• Bureau of Customs

• PCAG

Who shall then verify the accuracy of the

deficiency duties and taxes computation and

determines if all errors are fully disclosed?

• Customs Officer

• PCAG

• Bureau of Customs

• Audit Team

The verification and approval of the PDP application shall

be completed within the period of how many days from the

submission of the complete PDP documents.

• 30 DAYS

• 30 DAYS, EXTENDIBLE TO ANOTHER 30 DAYS

• 60 DAYS

• 90 DAYS

The following are the exclusions from PDP (Prior Disclosure Program), except one;

• Goods declarations which are the subject of

  pending cases with any other customs

  office;

• Goods declaration which are covered by

  cases already filed and pending in courts;

• Goods declarations involving fraud.

• Goods declarations involving negligence.

Commissioner cannot inquire into bank

deposits of importers.

• TRUE

• FALSE

Where a document in a foreign language

is presented to a customs officer said

document must be accompanied with a

translation in what language?

• Filipino

• Chinese

• Filipino/English

• English

Whom may an importer and customs broker give his/her full and free access to the premises where the records the are kept to conduct audit examination, inspection, verification, and investigation of those records relevant to such investigation inquiry?

• Commissioner

• Bureau

• COO III

• any authorized officer of the Bureau