WorksheetsTariff Commission, Flexible Clause, and Promotion of Foreign Tra
Total questions: 34
Worksheet time: 18mins
Under this Act, the Tariff Commission was created as an independent government agency not attached or subsumed, administratively or otherwise, to any other government agency.
Philippine Tariff Act of 1909
Republic Act 911
Republic Act 1937
Republic Act 10863
The Tariff Commission's Foundation Day is celebrated every __________.
17th of April
7th of August
17th of August
7th of April
Under RA 911, the Tariff Commission was under the supervision of _________.
Office of the President
National Economic and Development Authority
Department of Finance
Bureau of Customs
The first tariff legislation of the Philippines was passed by the United States (US) Congress.
(a)
It has the principal authority on tariffs and trade remedy measures.
National Economic and Development Authority
Tariff Commission
Department of Finance
Department of Trade and Industry
The Tariff Commission is an attached agency of the Office of the President. The Philippine Economic Zone Authority is an attached agency of the National Economic and Development Authority.
Neither of the statement is true
Neither of the statement is false
Only the first statement is true.
Only the second statement is true.
Under this Order, the two (2) Services of the Tariff Commission was created.
Executive Order No. 292, s. 1987
Executive Order No. 366, s. 2004
Executive Order No. 143, s. 2000
Executive Order No. 230, s. 1987
RIITAS stands for (a) .
FMAS stands for (a) .
This Act provides the Tariff Commission the power to render rulings on disputes over the tariff classification of goods and in providing the President and Congress with independent analysis, information and technical support on non-tariff measures for policy guidance on Philippine industries and exports.
Presidential Decree No. 1464
Executive Order No. 143
Republic Act No. 10863
General Appropriations Act of 1953
The following are under the Research Investigation and International Trade Analysis Service (RIITAS) except for one.
Economics, Trade and Industry Studies Division
Planning, Management and Information Systems Division
International Trade Studies Division
Financial Studies Division
What is this Act that reorganized the Tariff Commission and became a Division under the Department of Finance?
Philippine Tariff Act of 1909
Presidential Decree No. 01
General Appropriations Act of 1953
Executive Order No. 292
The Tariff Commission shall submit an annual report to the President and Congress ___________.
On or before March 31 of the following year
Before the end of every year
On or before the first Monday of January of each year
On the first Monday of December of each year
Who is the concurrent Chairperson of the Tariff Commission as of date?
Ernesto L. Albano
Marissa Maricosa A. Paderon
Elvira C. Ignacio
Marilou P. Mendoza
The following are the qualifications of the Chief Officials of the Tariff Commission except for one.
Natural-born Filipino citizens
Good moral character and proven integrity
Civil Service Examination
Has expert knowledge of tariff and trade related matters
The Chairperson and the Commissioners shall not engage in the practice of any profession, or intervene directly or indirectly in the management or control of any private enterprise which may, in anyway, be affected by the functions of their office. They shall not be, directly or indirectly, financially interested in any contract with the government, or any subdivision or instrumentality thereof.
Both of the statements are correct
Both of the statements are incorrect
The first statement is false, the latter is true.
The first statement is true, the latter is false.
It depicts the hopes and aspirations of the National Continued Economic Growth
Bundled rice stacks
Wheel of Progress
Factory with smokestack
Dragon
The following are functions of the Tariff Commission under Republic Act 10863, except for one.
Review the trade agreements for negotiation and trade agreements entered into by the Philippines and make recommendations, if necessary, on the consistency of the terms of the agreements with the national policy objectives.
Provide the President and Senate with independent analysis, information and technical support on matters related to tariff and nontariff measures affecting Philippine industries and exports for policy guidance.
Administer the Philippine tariff schedules and tariff nomenclatures.
Study the impact of tariff policies and programs on national competitiveness and consumer welfare in line with the economic objectives of the government.
It advises the President in the promulgation of executive orders, regulations and
decrees relative to tariff and international trade matters falling within the
Commission’s area of responsibility
Office of the Chairperson and Commissioners (OCC)
RIITAS
FMAS
Tariff Commission
It authorizes the conduct of studies and/or formulation of policy recommendations, rules and regulations concerning aspects of tariff and trade falling within the Commission’s mandate
RIITAS
FMAS
OCC
NEDA
It develops, plans and administers human resource development programs that
include hiring and placement, position classification and compensation,
performance evaluation, employee relations and welfare services.
Research, Investigation and International Trade Analysis Service
Financial, Management and Administration Services
Finance, Management and Administrative Service
Research, Intelligence and Investigative Trade Analysis Service
The Commission shall place at the disposal of the NEDA and any Member of the Congress of the Philippines all information at its command. It shall likewise report to the President and Congress on the first Monday of December of each year and hereafter, a statement of methods adopted and a summary of all reports made during the year.
Only the first statement is incorrect.
Only the second statement is incorrect.
Both statements are correct.
Both statements are incorrect.
The Commission may order the taking of sworn statements at any stage of any proceeding or investigation before it. The Commission is not authorized to require any importer, grower, producer, manufacturer or seller to file with the Commission a statement, under oath, giving the selling prices in the Philippines of goods imported, grown, produced, fabricated or manufacture d by such person.
Only the first statement is correct.
Only the first statement is not correct.
Either of the statement is correct.
Neither of the statement is correct.
What is the timetable of Section 1609 investigation on withdrawal or suspension of Tariff Classification?
Within sixty (60) days from receipt of a properly documented petition.
Within thirty (30) days from receipt of a properly documented petition.
Within thirty (30) days after the termination of the public consultation.
Within sixty (60) days after the termination of the public consultation.
What shall be accomplished when filing for a petition of tariff modification pursuant to Section 1608 of the CMTA?
TC Form 4
TC Form 5
TC Form 2
TC Form 3
To whom shall the Tariff Commission submit its findings and recommendations?
National Economic and Development Authority
Tariff and Related Matters Technical and Cabinet Members
President
Department of Finance
How much is the filing fee to be paid by the petitioners for requesting for tariff modification?
Php 5,050.00 per petitioner, per tariff heading
Php 5,000.00 per tariff heading only
Php 5,000.00 per petitioner only
Php 5,000.00 per petitioner, per tariff heading
Before any trade agreement is concluded with any foreign government or instrumentality thereof, reasonable public notice of the intention to negotiate an agreement with such government or instrumentality shall be given in order that interested persons may have an opportunity to present their views to the Commission. The Commission shall seek information and advice from the DTI, DA, DOF, PSA, DFA and BSP, and from such other sources as it may deem appropriate.
Only the first statement is correct.
Only the first statement is not correct.
Both statements are correct.
Both statements are not correct.
What is the total processing time for tariff modification?
76 days, 2 hours, 30 minutes
72 days, 2 hours, 30 minutes
64 days, 1 hours, 20 minutes
67 days, 2 hours, 20 minutes
How many sets of TC Form 4 does the petitioner submit in withdrawal or suspension of tariff concessions?
2 sets
1 set
3 sets
4 sets
Which of the following is not belong to the checklist requirements for withdrawal/suspension of tariff concessions?
Income Financial Statement
Brochures and technical specifications of subject article
Petition Letter
Product description, specifications, sample,
use, and manufacturing process
The following are the responsible persons for assessing the completeness of the form and sufficiency of supporting documents in tariff modification, except for one.
Economics, Trade and Industry Studies Division
Commodities Studies Division
Financial Studies Division
Investigation, Trade and Industry Studies Division
The Commission shall submit its report of findings and recommendation within 30 days after the termination of the public consultation to the National Economic and Development Authority (NEDA) for consideration of the ___________.
Department of Finance
Office of the President
Committee on Tariff and Related Matters (CTRM)
Department of Trade and Industry
Section 1608 is the legal basis that provides the following to the President except for one.
Change the level and form
of import duties
Impose an import quota or ban imports
Change tariff classification
Levy an additional duty on all
imports
