Quiz on Assessment

Which of the following signifies the termination of the importation process?

• When the duties, taxes, and other charges due upon the goods have been paid or secured to be paid

• When the carrying vessel or aircraft leaves the Philippine Territory

• When the goods are moved to the Customs Bonded Warehousing System

• When the documentation is lodged for cargo clearance

In the Formal Entry Process, who checks the completeness of the entry documents?

• The Client

• The assigned Customs Examiner

• EPU Document Processor

• The assigned Customs Appraiser

What purpose was the Customer Care Portal System (CCPS) introduced?

• To ease the payment of duties, taxes, and other charges

• To facilitate electronic submission of goods declaration and supporting documents

• To track the status of imported goods in real-time

• To provide a physical location for customs clearance

What actions can the Bureau take in fraudulent misdeclaration, misclassification, or undervaluation cases?

• Increase the duty and tax due by 500%

• Increase the duty and tax due by 500%

• Seize the goods regardless of the discrepancy amount

• All of the above

What does the Customs Administrative Order (CAO) No. 02-2020 titled “Dispute Settlement and Protest” regulate in the Bureau of Customs?

• It regulates the procedures and mechanisms for settling disputes between stakeholders and customs authorities.

• It regulates the tariff classification of goods.

• It regulates the declaration of goods at customs.

• It regulates the procedures for the import and export of goods.

Which aspect of customs issues does the dispute settlement mechanism not apply to?

• Classification

• Valuation

• Rules of Origin

• Misdeclaration

Which of the following accurately defines Post Modification of SAD (PMS)?

• The process of assessing the shipment after it has been released from Customs.

• The stage where the shipment is already assessed but not yet released from Customs.

• The process of modifying all data in the SAD except for certain fields.

• None of the above.

Defined as discrepancy in duty and tax to be paid between what is legally determined as the correct value against the declared value.

•    Undervaluation

• Misdeclaration

•    Misclassification

• None of the above

What is the consequence of failing to submit the required supporting documents or information within the prescribed period for a PGD release due to the lack of import documents to assess the correct duties, taxes and other charges?

• The importer will be required to submit a new provisional goods declaration

• The importer will be required to pay an additional penalty fee

• Any security posted or undertaking submitted shall be subject to forfeiture

• All of the above

Which division shall closely monitor the compliance to submit the lacking documents of the provisional goods declaration?

• Assessment Division

• Liquidating and Billing Division

• All of the Choices

• None of the Choices