TARIFF-PART 1

When was the effectivity date of RA10863 or known as Customs Modernization and tariff act?

• May 30, 2016

• June 16, 2016

• June 15, 2016

• May 16, 2016

The following are policy of the state on customs and tariff administration, which one exclusive?

• Protect and enhance government revenue

• prevent and curtail any form of customs fraud and illegal acts

• institute low freight and processing fee of import

• modernize customs and tariff administration

Who shall Adjudicate cases on the application of safeguard duty?

• Bureau of Customs

• Commissioner of Customs

• Tariff Comission

• District Collector

One of the functions of Tariff commission is to Analyze the nature and composition, and the classification of goods according to tariff commodity classification and heading number for customs and other related purposes, which information shall be furnished the following government agencies, except;

• BOC

• NEDA

• BSP

• DENR

As part of its mandate to administer the Philippine tariff schedules and tariff nomenclatures under Section 1603(c) of Republic Act No. 10863, or the Customs Modernization and Tariff Act (CMTA), To whome shall the Tariff Commission (TC) submit its Report on the Philippine implementation of the 2022 version of the ASEAN Harmonized Tariff Nomenclature (AHTN 2022)? to the Chairpersons of the Committee on Tariff and Related Matters (CTRM)

• Chairpersons of the committee on Tariff and related matters

• National Economic and Development Authority

• Bureau of Customs

• President of the Philippines

Under Sec. 1608 of CMTA, Who shall recommend the establishment of import quotas or ban imports of any commodity, as may be necessary?

• Commissioner of Customs

• President of The Philippines

• NEDA

• Tariff Commission

The President of the Philippines is empowered by Sec 1608 of RA10863 to Impose an additional duty on all imports, however, increase should not exceed on how many in percentage of AVT?

• 5

• 15

• 10

• 100

The power vested to the President under Sec 1608 shall be exercised only when;

• president is on leave

• Congress is not in session

• recommended by NEDA

• Approved by Tariff comission

Who may terminate and withdraw power delegated under Sec 1608 of CMTA through a joint resolution?

• President of the Philippines

• Congress

• Senate

• Executive branch of the government

This Act shall be known as the "Jewelry Industry Development Act of 1998."

• Republic Act No. 8501

• Republic Act No. 8502  

• Republic Act No. 8503

• Republic Act No. 8504