†CDP Duty Drawback & Abatement, Refund & Tax Credit, PCA & PDP

Under what circumstance can an importer apply for duty drawback on fuel used for propulsion of a sea vessel engaged in coastwise trade?

• When the vessel is temporarily converted to engage in international trade with authorization from MARINA or another government agency.

• When the vessel is owned by a Philippine citizen.

• When the fuel was purchased in a foreign country.

• When the vessel has completed at least one international voyage.

What is the maximum percentage of duty drawback allowed for fuel used in sea vessels engaged in international trade?

• 50%

• 75%

• 90%

• 99%

For petroleum oils imported by non-electric utilities and sold to electric utilities for power generation, what is the maximum duty drawback percentage?

• 25%

• 50%

• 75%

• 99%

Under what condition can duty drawback be claimed on imported materials used in the production of exported goods?

• The imported materials must be in the same condition as when they were imported.

• The exported goods must be sold at a higher price than the imported materials.

• The actual use of the imported materials in the production of exported goods must be established.

• The exporter must have obtained a special permit from the Bureau of Customs.

What is the time limit for exporting goods after the importation of materials used, in order to claim duty drawback?

• Six months

• One year

• Two years

• Three years

Within what period must the claim for duty drawback be filed after the exportation of goods?

• 3 months

• 6 months

• 9 months

• 1 year

If a registered enterprise has already claimed tax credits on imported raw materials under the Investment Incentives Act or Export Incentives Act, can they also claim duty drawback on the same importation if re-exported?

• Yes, they can claim both tax credits and duty drawback.

• No, they cannot claim duty drawback on the same importation.

• It depends on the type of product exported.

• It depends on the amount of tax credits already claimed.

What is the basis for apportionment of duty drawback when multiple products result from the use of the same imported materials?

• The volume of each product produced

• The value of each product produced

• An equitable basis

• The discretion of the Bureau of Customs

What is the deadline for filing a duty drawback claim for fuel used in sea vessels engaged in international trade?

• Six months from the date of export

• One year from the date of importation

• Two years from the date of importation

• Three years from the date of importation

If a duty drawback claim involves multiple importations, the prescriptive period is counted from:

• The date of the last importation

• The date of the first importation

• The average date of all importations

• The date of filing the claim