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Worksheetsprimer
Total questions: 165
Worksheet time: 3hrs 45mins
CMTA was signed into law on?
(a)
CMTA was published on?
(a)
CMTA took effect on?
(a)
which requires deposits of duties at the time of opening of letter of credit covering imports and for other purposes?
(a)
is the review/restructuring of the Philippine tariff system that government undertakes on a continuing basis to make the tariff structure responsive to the needs of the economy taking into account changing patters of trade and advancement in technology?
(a)
how many tariff reform programs were undertaken in 1980?
(a)
2 main instruments of structural adjustment pursued by government were ?
(a)
The new package of tariff adjustments under TRP II was promulgated under what executive order signed on July 20 1991 and took effect on August 24 1991
(a)
This issuance on July 18 1994 marked the onset of TRP III?
(a)
contained the tariff modifications on industrial products?
(a)
which set in place the tariff reductions on non-sensitive agricultural products (those not covered by quantitative restrictions)?
(a)
which provided interim tariff protection to sensitive agricultural products as part of the country's commitment being a member of the WTO, and identified a total of 170 tariff lines subjected to tariff quotas
(a)
which imposed 3% duty on imported crude oil and refined petroleum products?
(a)
Tariff Commission adopted this scheme to serve as framework. This scheme provided for a more flexible tariff structure of 3%, 5%, 7%, 10%, 15%, 25%,30% in place of earlier structure of 3%, 10%, 20%, 30% set in place under TRP II and followed in TRP III.
(a)
How many industries identified as "Philippine Winners", were initially targeted for recalibration of tariff rates?
(a)
provided the recalibrated tariffs for the Philippine Winner products?
(a)
provided the recalibrated tariffs for the residual items not covered by Philippine Winners; and reduced the number of tariff lines subject to quotas from 170 under EO 313?
(a)
provided the tariff schedule from 2001 to 2004 for all products (excluding meat products under HS Chapter 2, rice, corn and sugar); and provided the tariff band of 0-5% (except for some sensitive agricultural products at 30%) in 2004?
(a)
provided a dynamic landscape leading to the recalibration of the Philippine tariff structure consistent with the promotion of Philippine industries?
(a)
reduced the existing MFN duty on various imported raw materials, intermediate inputs, machinery and parts thereof?
(a)
provided the tariff schedule from 2002 to 2004 on sensitive agricultural products
(a)
reduced the existing MFN duty on various imported raw materials, intermediate inputs, machinery?
(a)
duty free importation of all types of agriculture and fishery inputs, equipment, provided that the said products are for the exclusive use of the importing enterprise?
(a)
maintained the 2002 levels of the tariff rates on products whose duties were scheduled for reduction in 2003?
(a)
reduced to 1% the MFN tariff rates on critical inputs to the agricultural and fisheries sectors?
(a)
raised the tariffs on certain vegetables products?
(a)
modified the nomenclature and MFN rates on certain finished industrial products?
(a)
temporarily suspended the MFN rates on frequently used spare and replacement parts for jeepney and buses?
(a)
provided the restructuring of the MFN duty for motor vehicles and their raw materials, parts and components to encourage the development of the Philippine motor vehicle industry?
(a)
modified the nomenclature and set the 2004-2005 tariff schedule on products falling under Chapters 1-97 (non included in EO 241)
(a)
modified the nomenclature and MFN/CEPT rates of sugar under HS 17.01?
(a)
Importation of meat of swine up to a maximum of 10,000 MT for year 2004 at 10% MFN tariff, as certified and monitored by the Department of Agriculture?
(a)
duty free importation of poultry feeds?
(a)
Amended EO 244 which granted preferential MFN and CEPT rates on completely built-up vehicle under the Automotive Export Program?
(a)
reduced the MFN rates on capital equipment, spare parts and accessories imported by Board of Investment registered new and expanding enterprise?
(a)
Increased the MFN and CEPT rate on crude petroleum oils and refined petroleum products subject to certification by the Department of Energy?
(a)
Increased the MFN rates on hot rolled coils and cold rolled coils to 7%, subject to determination by the TRM Committee that the domestic producer/industry is in commercial operation?
(a)
Duty exemption to importations of eligible agriculture and fisheries enterprises?
(a)
provide 0% MFN tariffs on Information Technology (IT) products pursuant to the ITA?
(a)
reduced the MFN rates to 0% on composed natural gas motor vehicles and natural gas vehicle industry-related equipment, parts and components, when imported with certification from the Department of Energy?
(a)
duty free importations on completely knocked down parts and components for the assembly of motor vehicles with low engine displacement (not more than 1000 cc) and hybrid motor vehicles?
(a)
temporarily increasing the MFN rates for high engine displacement completely built up?
(a)
reduced the MFN rates on crude petroleum oils and refined petroleum products?
(a)
provided for 1% rates on bioethanol fuel when imported with certification from the Department of Energy?
(a)
reduced the MFN rates on paper and aerosol industries?
(a)
imposition of additional specific duty of 500,000.00 on the importation of used motor vehicles ?
(a)
reduced the MFN rates on components, parts and accessories for the assembly of hybrid, electric, flexible fuel and compressed natural gas motor vehicles?
(a)
modified the rates of duty on crude petroleum oils and refined petroleum products?
(a)
duty free importation on capital equipment, spare parts and accessories imported by Board of investment-registered new and expanding enterprises?
(a)
provided a recalibrated tariff structure as a result of the 2005 comprehensive tariff review?
(a)
reduced MFN rates on certain agricultural products for the requested 7-year extension of the special treatment on rice ?
(a)
reduced the MFN rates to promote the development of sustainable, prosperous and internationally competitive domestic industries?
(a)
temporarily modified the MFN rates on crude and refined petroleum products based on certain triggers indexed to oil prices in the world market?
(a)
temporarily modified the 5% rates of import duty on food and feed wheat to 0% for 6 months, subject to further review ?
(a)
temporarily modified the 5% MFN duty to 0% on cement and cement clinker for 6 months, subject to further review?
(a)
Levied the 1% MFN rate of duty on certain not locally produced raw material inputs and consumer products; modified the MFN duty on biofuel blend to 3% ad valorem?
(a)
extended the effectivity of the 0% duty rate on milling wheat for another 6 months, subject to further review?
(a)
extended the effectivity of the 0% duty on cement and cement clinker for another 6 months, subject to further review?
(a)
extended the 0% duty on milling (food) wheat for another 6 months, subject to further review?
(a)
restructured the MFN duty for motor vehicle products?
(a)
reduced to 0% the MFN duty on imported educational, technical, scientific and historical or cultural books?
(a)
elimination of the 3% duty on crude oil, petroleum products and asphalts imported from non-ASEAN?
(a)
reduced the MFN duty on not locally produced raw material inputs?
(a)
modified the rates of duty on hot rolled coils and cold-rolled coils?
(a)
reducing the MFN duty on cement and cement clinker to 0%?
(a)
reducing the MFN duty on milling (food) wheat to 0%?
(a)
results of the 2010 comprehensive tariff review?
(a)
reducing the MFN duty on importation of machinery, equipment, spare parts and accessories, subject to Board of Investments' Certificate of Authority?
(a)
modifying the nomenclature and MFN duty in order to implement the Philippine tariff commitments on certain products included in the environmental goods list under APEC?
(a)
reducing the MFN duty on certain agricultural products in order to implement the Philippine tariff commitments under the WTO decision on waiver relating to special treatment for rice?
(a)
any interested party may file a petition for tariff modification under Section 1608 of the CMTA to the?
(a)
is defined as the percentage excess of domestic value added, made possible by the imposition of tariffs and other protective measures on the product and its inputs, over world market value added. Generally, it is used to gain information on the amount of government-provided protection that an industry receives?
(a)
otherwise known as the Jewelry Industry Development Act of 1998, was signed on February 13, 1998 to promote the development of the jewelry manufacturing industry in the country and provide incentives therefor?
(a)
BOI Omnibus Investment Code
(a)
an internationally accepted goods nomenclature, and administers the technical aspects of the WTO Agreements on Customs Valuation and Rules of Origin.
(a)
highest body composed on the Directors-General of Customs from all members and is assisted by the Finance Committee (17 members) and by the policy commission (24 members)
(a)
established to act as a dynamic steering group to the council?
(a)
acts under the overall direction of the WCO council with administrative support provided by the WCO Secretariat
(a)
administers the International Convention on the HS to ensure that the HS keeps abreast of technical progress and international trade developments; resolve specific classification problems; and acts as an arbitrator in customs disputes between countries and makes decisions regarding the tariff code applicable to goods
(a)
acts under the overall direction of the HS Committee on the review and amendments of the HS having regard to the needs of the users and to changes in technology or in patterns of international trade, and on the preparation of consequential amendments to the Explanatory notes and Compendium of Classification Opinions
(a)
assists the HS Committee and the Review Sub-Committee in their technical work particularly on the draft HS legal texts and Explanatory Notes involving scientific issues, and with regard to questions involving the classification of chemical products and those involving scientific issues
(a)
under the overall direction of the HS Committee, drafts the texts of possible amendments to the HS nomenclature, Explanatory notes and Compendium of Classification Opinions before their final adoption by the HS Committee
(a)
together with the WTO Committee on Rules of Origin, is charged with the implementation of the work program on the harmonization of rules of origin; examines specific technical problems arising in the day to day administration of the rules of origin of Members and give advisory opinions on appropriate solutions based upon the facts presented; and furnishes information and advice on any matter concerning the origin determination of goods as may be requested by any Member
(a)
is responsible for matters pertaining to customs valuation; and prepares opinions, commentaries, explanatory notes, case studies and surveys?
(a)
is a multipurpose product nomenclature designed to serve as an integrated internationally standardized and accepted coding system of classifying traded products in order to facilitate international trade. It was developed and is being maintained by the WCO. It is also the amalgamation of the Customs Cooperation Council and the Standard International Trade Classification (SITC) Revision 2.
(a)
provides 6 rules that establish classification throughout the HS to ensure uniform classification of goods in one and the same heading (and subheading). They should be applied in hierarchical order
(a)
form an integral part of the HS and have the same legal force as the GIR. It provides definitions of the terms used in the nomenclature, criteria for classification within each chapter, heading or subheadings, and enumeration of products that are classifiable or excluded within the chapters, headings or subheadings?
(a)
is the intergovernmental commitment of the contracting parties to abide by its provisions, one of which is to agree to use HS up to the 6-digit level as the basis for their national customs tariff and statistics nomenclature?
(a)
The Philippine Instrument of Accession to the HS Convention was signed on?
(a)
When did the Philippines formally adopted the HS?
(a)
When did the Philippines implement the HS?
(a)
How many sets of amendments are in the 2017 HS?
(a)
do not form an integral part of the HS Convention but they constitute the official interpretation of the HS at international level. They must always be read in strict conformity with the texts of the system itself, from which they cannot be dissociated, and in particular with the Interpretative Rules and the Section, Chapter and Subheading Notes. Together with the HS nomenclature, amendments are also necessary.
(a)
an alphabetical list of the articles mentioned in the HS and the Explanatory Notes. It facilitates the location of references in the HS Nomenclature or in the Explanatory Notes to any of the products or articles mentioned therein?
(a)
consists of the classification opinions adopted by the WCO on the advice of the HS Committee on opinions arranged in order of the headings of the HS Nomenclature.
(a)
is an 8-digit commodity nomenclature that is based on the HS of the WCO. It was conceptualized by the ASEAN Member States in order to have a common tariff nomenclature to facilitate trade within the region.
(a)
defines the legal framework governing the implementation of the AHTN and its implementing rules and explanatory notes?
(a)
responsible for monitoring, reviewing, supervising all aspects relating to the implementation of the AHTN protocol?
(a)
is the forum for all decisions relating to the implementation of the AHTN protocol
(a)
provide the necessary support for supervising, coordinating and reviewing the implementation of the AHTN Protocol and assist the ASEAN Directors General of Customs on matters relating thereto; and responsible for assisting the experts’ panel and AMS in monitoring and reviewing the AHTN?
(a)
a compilation of the official interpretation of the ASEAN subheadings?
(a)
is a trade remedy measure adopted by the government to protect the domestic industry against unfair trade practice caused by dumping?
(a)
occurs when foreign producers sell their products to an importer in the domestic market at prices lower than in their own national markets, or at prices below cost of production, the sale or importation of which injures or threatens to injure a domestic industry producing like or comparable products or retards the establishment of a potential industry?
(a)
is a form of price discrimination between two national markets?
(a)
is the country from where the allegedly dumped product was shipped to the Philippines, regardless of the location of the seller?
(a)
is the country where the allegedly dumped product either was wholly obtained or where the last substantial transformation took place.
(a)
refers to the country of export or origin where the government (i) has a monopoly, or substantial monopoly, of trade; and (ii) determines, or substantially influences, the domestic prices of the products in that country.
(a)
refers to a transaction where the price is not affected by any relationship between the buyer and the seller, or if there is no compensation, reimbursement, benefit, or other consideration given in respect of the price?
(a)
means the domestic price of the product in the exporting country at the same level of trade which is sold or offered for sale at wholesale on the date of exportation to the Philippines?
(a)
is an exporter who did not export the allegedly dumped product during the investigation period?
(a)
refers to a foreign exporter or producer who has not been initially selected for the purpose of computing the individual margins of dumping?
(a)
otherwise known as the Anti-Dumping Act of 1999 was signed on August 12, 1999 and took effect on September 4, 1999?
(a)
receives properly documented application; determines whether a prima facie case exists to warrant initiation of investigation; and conducts preliminary investigation to determine whether or not provisional measures may be imposed?
(a)
The Secretary of the DTI-BIS or DA is responsible for the issuance of what on the results of investigation of whether provisional measures may be imposed?
(a)
conducts the formal investigation and makes the final determination for purposes of the imposition of the definitive anti-dumping duty?
(a)
takes charge in the imposition of the anti-dumping measures?
(a)
an applicant of anti-dumping protest is required to answer for any damages which the importer/protestee may sustain by reason of the filing frivolous petition, to be released only upon affirmative preliminary determination by posting a ?
(a)
refers to the domestic producers of like products as a whole or to those whose collective output of the products constitutes a major proportion of the total domestic production of those products in the industry concerned?
(a)
may initiate on its own motion an anti dumping investigation without having received a written application by or on behalf of a domestic industry provided that they should have sufficient evidence of dumping, injury and causal link to justify the initiation of the investigation?
(a)
The DTI-BIS or DA, upon acceptance of the properly documented protest/application, has how many working days to decide whether the facts would constitute a dumping case?
(a)
DTI-BIS or DA initiates the investigation which includes notification to the government of the country of export or origin and all known interested parties, and distribution of questionnaire to all concerned parties, DTI or DA has how many working days from receipt of the answer to the questionnaire to make its preliminary determination of the need for the imposition of a provisional anti-dumping duty
(a)
The Commission has how many working days from receipt of the advice from either Secretary of DTI or DA to complete its investigation and submit its report of findings to the Secretary?
(a)
The Secretary of DTI or DA shall issue a Department Order for the imposition of an anti-dumping measure within how many days from receipt of the affirmative final determination by the Commission?
(a)
In case of negative determination, either Secretary shall issue after the lapse of the period for the petitioner to appeal to the CTA, an Order for the Commissioner of Customs to immediately release the anti-dumping bond to the importer through the?
(a)
before making the final determination, who is required to disclose to the interested parties the essential facts on which the decision to apply the duty is made?
(a)
the parties are given how many days from receipt of the essential facts from the Tariff Commission to defend their interests in writing?
(a)
amount by which the normal value (the price prevailing in the exporting country) exceeds the export price (selling price to an importer in the Philippines)?
(a)
refers to a finding that the material injury suffered by the domestic industry is the direct result of the importation of the dumped product. It must be clear that the injury suffered is directly attributable to the alleged dumping.
(a)
4 elements of dumping?
(a)
is the foreign producer's domestic selling price of the article. It is the comparable price in the ordinary course of trade for the like product when destined for consumption in the country of export or origin?
(a)
is the price at which such product has been purchased or agreed to be purchased, at arm's length transaction, by the person by whom or for whose account the product is imported, excluding any post-exportation charges such as ocean freight and oversees insurance. It is the ex-factory price at the point of sale for export or the price assessed at the free-on-board level (at the point of shipment) of the allegedly dumped product?
(a)
refers to the extent by which the domestic producer reduces its selling price in order to compete with the allegedly dumped product
(a)
refers to the extent by which the allegedly dumped product prevents the domestic producer from increasing the selling price of its own like product to a level that will allow full recovery of its cost of production?
(a)
is the extent by which the allegedly dumped product is consistently sold at a price below the domestic selling price of the like product?
(a)
It is applied only after the DTI-BIS or DA has made a preliminary affirmative determination no sooner than 60 days from the initiation of the case.
(a)
final anti-dumping duty imposed, in addition to the regular duty and other charges, on a protested product imported from a specific country following an affirmative final determination
(a)
is a voluntary commitment by the exporter to increase his price or to cease exporting to the Philippines at a dumped price, thereby eliminating the material injury to the domestic industry.
(a)
it is effective for a period of 5 years unless the foreign exporter proves to the satisfaction of the authorities that it is no longer necessary
(a)
is the imposition of anti-dumping duty in amounts lower than the calculated margin of dumping, if such duty is adequate to remove injury to the domestic industry?
(a)
may be initiated by an interested party or upon own motion of the Commission before the sunset date to determine whether the expiry of anti-dumping duty would likely lead to a continuation or recurrence of dumping and injury
(a)
conducted by the Commission motu propio, or upon the direction of the Secretary or upon petition of any interested party to determine whether (i) the need for the continued imposition of the anti-dumping is no longer necessary to offset dumping taking into consideration the need to protect the existing domestic industry or (ii) the existing duty is not sufficient to counteract the dumping which is causing injury. At least 1 year should have elapsed since the imposition of the anti-dumping duty before this review can be made
(a)
carried out on accelerated basis for the purpose of determining individual margins of dumping for new exporters in the exporting country in question which have not exported the product during the period of investigation on which the measures were based. The new foreign exporters requesting for such review must not be related to any foreign exporter who is subject to the anti-dumping duty.
(a)
is a trade counter measure adopted by government to offset any bounty or subsidy given to exporters which is not generally available to other producers of the exporting country?
(a)
refers to any specific assistance (e.g., financial contribution, income or price support schemes) directly or indirectly provided by the government of the country of export or origin with respect to the product imported into the Philippines.
(a)
which are neither non-actionable nor prohibited subsidies
(a)
are those which are permitted as they are of general nature, i.e., applied across the board to all industries and not limited to a specific industry or enterprise or group of enterprises or industries.
(a)
those that are contingent on export performance, and subsidies that are contingent on the use of domestic over imported goods. An importing country alleging this kind of subsidy can avail of this remedy measures by bringing the matter before the WTO dispute settlement body for redress?
(a)
DTI-BIS or DA has how many days from receipt of the properly documented petition to examine the accuracy and adequacy of the petition and determine whether there is sufficient evidence to justify the initiation of an investigation?
(a)
Once a prima facie case has been established, DTI or DA initiates the investigation and makes a preliminary determination on whether or not a provisional measure may be imposed within how many days from receipt of the answers of the questionnaire from respondents and other interested parties?
(a)
In the conduct of formal investigation, the Commission notifies all interested parties; receives representation and/or other submissions; holds preliminary conference and public consultations; and conducts on-site investigation/data verification both foreign and domestic. The Commission has how many days from receipt of the advice from either Secretary to complete its investigation and submit its report of findings to the Secretary?
(a)
The Secretary of DTI or DA issues a Department Order for the imposition of a definitive countervailing duty within how many days from receipt of the affirmative final determination by the Commission?
(a)
A petition for countervailing measure may be rejected and investigation terminated in case of product originating from a developed country when the amount of subsidy is de minimis?
(a)
price undertaking is effective for a period of ?
(a)
are trade remedy measures adopted by the government to provide affected domestic industries relief against imports. Its purpose is to give the affected domestic industry time to prepare itself for and adjust to increased competition resulting from the reduction of tariffs or the lifting of quantitative restrictions agreed upon in multilateral trade negotiations ?
(a)
imposed against imports if the products at issue are being imported in such increased quantities, either absolute or relative to the domestic production, and under such conditions as to cause or threaten to cause serious injury to the domestic industry?
(a)
imposed against importations of agricultural products whose quantitative import restrictions were converted (tariffied) into ordinary customs duties and agricultural products designated with the symbol "SSG" in the GATT Schedule of Concessions. It may be invoked if the volume of imports exceeds a trigger level but not concurrently the or the price of imports falls below a trigger price?
(a)
otherwise known ass the Safeguard Measures Act?
(a)
The DTI-BIS or DA has how many days upon acceptance of the properly documented petition to decide whether a prima facie case of exists to merit the initiation of a preliminary investigation for safeguard measure?
(a)
DTI or DA has how many days from receipt of the response to questionnaire to make its preliminary determination whether or not to impose a provisional safeguard measure?
(a)
The Commission has how many days from receipt of the endorsement from the Secretary to conclude its formal investigation and submit its report of findings and recommendations to the Secretary on whether or not to impose a definitive safeguard measure?
(a)
The Secretary has how many days from receipt of the Commission's report to make a decision?
(a)
refers to the overall assessment that the serious injury suffered by the domestic industry is the direct result of increased imports of the product under consideration?
(a)
takes the form of a tariff increase either ad valorem or specific or both to be paid through a cash bond at a level sufficient to redress or prevent serious injury to the domestic industry?
(a)
is the action plan indicating a set of qualified goals, specific programs and timetables that a concerned industry commits to undertake in order to facilitate the industry's positive adjustment to import competition?
(a)
the domestic industry submit its adjustment plan within 45 calendar days upon receipt of the notice of submission to?
(a)
