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Customs Warehouses - 2

Total questions: 10

Worksheet time: 8mins

Name
Class
Date
1.

A non-perishable goods stored in a CFW shall have maximum period of storage of -

a)

6 months

b)

3 months

c)

3 months extendible to another 3 months

d)

None of the Choices

2.

Records shall be kept by the operator of the CFW for -

a)

2 years

b)

3 years

c)

4 years

d)

None of the Choices

3.

A storage period for non-perishable goods stored in a CBW can be more than a year if approved by the -

a)

Commissioner of Customs

b)

NEDA

c)

Secretary of Finance

d)

District Collector

4.

Withdrawal of goods in a CBW may be made when withdrawal permit has been filed, and such withdrawal shall be done by the owner of the goods or his representatives.

a)

Only the first statement is correct

b)

Only the second statement is correct

c)

Both statement is correct

d)

Both statement is incorrect

5.

A non-functional CBW operated by the government may be discontinued with a written request to the district collector, the Commissioner of Customs shall be informed of the discontinuance within 15 days.

a)

Only the first statement is correct

b)

Only the second statement is correct

c)

Both statement is correct

d)

Both statement is incorrect

6.

A sufficient security shall be required for the goods declared in warehousing in CFW, a cash bond posted should be 100% of the assessed duties, taxes and other charges.

a)

Only the first statement is correct

b)

Only the second statement is correct

c)

Both statement is correct

d)

Both statement is incorrect

7.

For the goods stored in a CBW, which need more than a year of processing, the commissioner of customs shall seek consultation from the -

a)

Secretary of Agriculture

b)

Secretary of Finance

c)

Secretary of Trade and Industry

d)

NEDA

8.

Who is the commissioner of customs who shall seek consultation from Secretary of Trade and Industry, for the goods stored in a CBW which need more than a year of processing-

a)

Bienvenido Y. Rubio

b)

Carlos G. Dominguez III

c)

Yogi Filemon Ruiz

d)

Marilou P. Mendoza

9.

Who shall be responsible for the payment of duties, taxes and other charges for the goods stored in a CBW were damaged due to the gross negligence of the owner of the goods.

a)

Operator of the CBW

b)

Owner of the Goods

c)

Warehouseman

d)

Customs Officer

10.

When there is still goods left inside a discontinued CBW, the goods shall be transfer/removed at the risk and expense of the -

a)

Operator of the CBW

b)

Owner of the Goods

c)

Warehouseman

d)

Customs Officer