CM 6 FINALS LONG QUIZ

Section 1400 of the CMTA talks about what situations particularly committed in Goods Declaration?

If the discrepancy is less than 15%, may the surcharge be implemented?

What shall be the surcharge implemented when the undervaluation is established without the need of formal dispute settlement cases? (it shall be complete answer)

When a discrepancy in duty and tax is more than 30% based on what is found and declared, it shall constitute of what situations?

What is Section 1401 of the CMTA?

If the appraised value does not exceed Php 250,000, what shall be the number of years of imprisonment for the offender committed?

If the appraised value exceeds Php 200 million for those unlawful importation and exportation committed, what is the legal term used by this scenario at is often used as a heinous crime.

What is Section 1404 of the CMTA?

According to the offense made by the offender which is the Obstruction to Boarding Officer, what is fine shall be imposed for those master or pilot in command obstructs or hinders any officer from lawfully going on board?

Who are the following persons may be liable for Failure to Exhibit or Deposit Documents as in accordance with the Act and other laws?