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WorksheetsCDP- Session 7
Total questions: 14
Worksheet time: 14mins
Which of the following is the specific standard document required by the DOF for securing TEI for the importation of spare parts of vessels of foreign registry?
Certificate of Foreign Registry
Charter Party Agreement
MARINA Certification
ISPS Vessel Certificate
Which of the following is the prescribed re-exportation period for trailer chassis imported by the trucking companies for their exclusive use in handling containerized cargo?
1 year
No required re-exportation period
From year to year
6 months
If a Qualified Jewelry Enterprise imported silver to be used in the manufacture of various jewelry, what is the extent of exemption from duties and taxes?
Duty and Excise Tax-exempt only
Duty and VAT exemption on importation only
Duty, VAT, and Excise Tax exempt
Duty exempt only
Which of the following are the duty and tax treatment for the importation of personal and household effects of the wife of the DFA officer assigned abroad?
Duty and VAT exempt
Duty exempt only
Subject to Duties and Taxes
Conditionally free under bond/security
If the Philippine State College of Aeronautics will bring in aircraft simulator devices to be used on their BS Aeronautical Engineering program, which of the following will be the tax treatment of their importation?
Duty exempt only
No exemption, subject to duties and taxes
VAT exempt only
Exempted from duties and taxes
Which of the following is the extended period for the re-exportation of commercial samples?
3 months from the expiration of the original period
6 months from the expiration of the original period
9 months from the expiration of the original period
Not subject for extension
Which of the following is the amount of security required to be posted for the importation of trailer chassis?
Security not required
100% of ascertained duties, taxes and other charges thereon
150% of ascertained duties, taxes, and other charges thereon
200% of ascertained duties, taxes and other charges thereon
Which of the following government agencies will issue a certification that the importation of animals will be used for economic development purposes?
DOF
NEDA
BOC
PEZA
Who has the duty to fix supervision fees for the importation of trailer chassis and to be temporarily deposited in the customs territory when not in use?
District Collector
Director, Port Operations Service
Commissioner of Customs
Deputy Commissioner, AOCG
It is a specific standard document required by the DOF for securing TEI for importation of spare parts of vessels of foreign registry?
Certificate of foreign Registry
Charter Party Agreement
MARINA Certification
ISPS Vessel Certificate
Which of the following is the prescribed re-exportation period for trailer chassis imported by trucking company for their exclusive use in handling containerized cargo?
1 year
No required re-exportation period
From year to year
6 months
Under the CMTA, plants for scientific, experimental, botanical and national defense purposes shall be exempted from duty. In case of importation of raw bamboo, which of the following government agency will order its authorization to bring it in the Philippines?
BPI
FNRI
FDA
EMB
Which of the following goods imported by a mining company undertaking mining operations in the Philippines cannot be granted duty free?
Jaw crusher
Assorted Refreshments
Dynamite
Right Hand Drive Mining Truck
Which of the following is the tax treatment for surplus of vessels supplies arriving from foreign ports?
Subject to forfeiture
Subject to surcharge
Subject to payment of duties and taxes
Subject to re-exportation
