Post Clearance Audit - CAO 1-2019

Under CAO 1-2019, the post Clearance audit of all the records shjall be kept by all __________, beneficial or true owners of imported goods.

• EXPORTER

• IMPORTER

• BOC

• NONE OF THE ABOVE

Shall refer

to the procedure of making the final payment of duties and

taxes and other charges at the port of entry and the legal

permit for withdrawal has been granted.

• Customs Clearance for Warehousing Entries

• Customs Clearance for Consumption Entries

• Customs Clearance for Transit Entries —

• Customs Clearance for Transshipment Entries

Shall refer

to the procedure of filing of goods declaration and the duties

and taxes has been secured to be paid at the point of entry

and the legal permit for withdrawal has been granted

• Customs Clearance for Consumption Entries

• Customs Clearance for Transit Entries

• Customs Clearance for Transshipment Entries —

• NONE OF THE ABOVE

shall

refer to the customs procedure under which goods are given

permit to be transferred under customs control from the

importing means of transport to the exporting means of

transport within the area of one customs office, which is the

office of both importation and exportation.

• Customs Clearance for Transit Entries

• Customs Clearance for Consumption Entries —

• Customs Clearance for Transshipment Entries

• Customs Clearance for Warehousing Entries —

shall refer to the commission or omission of any act resulting

in material false statements such as, but not limited to, the submission

of false or altered documents in connection with any importation

knowingly, voluntarily and intentionally done to reduce the taxes and

duties paid or to avoid compliance with government regulations related

to the entry of Regulated’, Prohibited® or Restricted? goods into

Philippine customs territory

• Misdeclaration,

• Misclassification

• Undervaluation

• Fraud

Free Zones -shall refer to special economic zones registered with the

Philippine Economic Zone Authority (PEZA) under what Republic Act No.

• R.A 9800

• R.A 7916

• R.A 7001

• R.A7915

Inadvertent Error — shall refer to a mechanical, electronic or clerical

error committed intentionally by the Importer and occurred

notwithstanding the maintenance of external controls necessary to

avoid such errors.* Inadvertent Error as used in this CAO amounts to

simple Negligence.

• True

• False

Locators— shall refer to persons authorized to bring imported goods

into Free Zones, such as the special economic zones and free ports.

• true

• false

shall refer to the use of insufficient or wrong

description of the goods or the use of erroneous tariff headings

resulting in deficiency between the duty and tax that should have been

paid and the duty and tax actually paid and/or to avoid compliance

with government regulations related to the entry of Regulated,

Prohibited or Restricted goods into Philippine Customs territory. 17

• Misdeclaration

• Misclassification

• Undervaluation

shall refer to a false, untruthful, erroneous or

inaccurate declaration as to quantity, quality, description, weight or

measurement of the goods resulting in deficiency between the duty

and tax that should have been paid and the duty and tax actually paid

and/or to avoid compliance with government regulations related to the

entry of Regulated, Prohibited or Restricted goods into Philippine

customs territory

• Misdeclaration

• Misclassification

• Undervaluation