SHEESHABLES #1

When is importation considered terminated for goods subject to duties and taxes?

• When the carrying vessel or aircraft enters Philippine territory.

• When the goods are unloaded from the carrying vessel or aircraft.

• When the duties, taxes, and other charges are paid or secured, and a legal permit for withdrawal is granted.

• When the goods have been inspected and cleared by customs officials.

For goods that are deemed free of duties, taxes, and other charges, when is importation considered terminated?

• When the carrying vessel or aircraft enters Philippine territory.

• When the goods are unloaded from the carrying vessel or aircraft.

• When the goods have legally left the jurisdiction of the Bureau of Customs.

• When the goods have been inspected and cleared by customs officials.

Which of the following importations is NOT generally subject to duties and taxes upon entry?

• Goods that were previously exported from the Philippines.

• Goods intended for admission into a Free Zone.

• Goods imported under a special trade agreement with reduced tariffs.

• Goods classified as luxury items with higher import duties.

De minimis importations, which are exempted from duties and taxes, refer to:

• Goods imported in small quantities and below a specified value threshold.

• Goods imported for personal use and not for commercial purposes.

• Goods imported as samples or prototypes for product development.

• Goods imported for scientific or educational purposes.

What is the PRIMARY method for entering imported goods into the country?

• Submitting a physical goods declaration at a customs office.

• Sending an email notification to the Bureau of Customs (BOC).

• Electronically lodging the goods declaration through the BOC's online system.

• Presenting the goods for inspection at a designated customs warehouse.

When are imported goods considered "entered" into the Philippines for consumption?

• Upon arrival at a Philippine port of entry.

• After physical inspection by customs officials.

• When the electronic goods declaration and supporting documents are lodged in the BOC system.

• When the importer pays all applicable duties and taxes.

Which of the following government importations would generally be exempt from duties, taxes, fees, and other charges?

• Importation of office supplies for a local government unit.

• Importation of medical equipment for a public hospital.

• Importation of military vehicles for the armed forces.

• Importation of goods classified as conditionally tax and/or duty-exempt.

If the government chooses to defer payment on import duties and taxes, which entity's regulations must be followed?

• Bureau of Customs (BOC)

• Department of Finance (DOF)

• Department of Budget and Management (DBM)

• National Economic and Development Authority (NEDA)

Who is PRIMARILY considered the owner of imported goods?

• The consignor who shipped the goods.

• The consignee to whom the goods are addressed.

• The carrier responsible for transporting the goods.

• The customs broker who facilitates the import process.

In which of the following scenarios would someone OTHER THAN the original consignee be considered the owner of imported goods?

• When the goods are damaged during transit and claimed by the insurance company.

• When the goods are delayed and the importer refuses delivery due to missed deadlines.

• When the consignee sells the goods to another party after importation.

• When the goods are part of a shipment containing multiple consignees.