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TL DAY 1

Total questions: 37

Worksheet time: 30mins

Name
Class
Date
1.

Which one of the following choices fall within the purview of Section 1608 tariff modification?

a)

A domestic industry filed complaint against surge in importation of a product of foreign counterpart

b)

The Philippines considers importation of medicines at preferential tariff

c)

 A producer wants to secure tariff protection for its product

d)

         A trader wishes to knows the correct duty applicable to a product intended for importation

2.

To avail of the reduced tariffs on parts and components under the MVDP, the car manufacturer must be registered with what government agency?

a)

Department of Transportation

b)

Board of Investments

c)

National Economic and Development Authority

d)

Tariff Commission

3.

To which of the following government offices is the Tariff Commission an attached agency?

a)

National Economic and Development Authority

b)

The Board of Investment

c)

Department of Trade and Industry

d)

Department of Finance

4.

The activities conducted by the Tariff Commission regarding investigation on industrys’ petition for tariff modification are the following except for one.

a)

Undertakes plant inspection

b)

Serves notices to parties of interest

c)

Does tax auditing on petitioner

d)

Conducts public hearings

5.

In order for an importer to be sure on the proper classification of a commodity 3 months prior to his intended importation, what particular mandate of the Tariff Commission can he avail of?

a)

Promotion of foreign trade

b)

Advance ruling

c)

Safeguard

d)

Flexible Clause

6.

When a bounty is given by a foreign country to its exporter, an affected domestic producer can avail of the provisions of which one of the following trade remedy measures?

a)

Countervailing and subsidy

b)

Special safeguard

c)

General Safeguard

d)

Antidumping

7.

Under Section 1100, the tariff classification ruling issued by the Tariff Commission is binding with which one of the following government agencies?

a)

Department of Trade and Industry

b)

Department of Finance

c)

Bureau of Import Services

d)

Bureau of Customs

8.

Which of the following choices is one of the information mentioned in the advance classification ruling?

a)

Value of the product

b)

The date of issue

c)

Whether the product is regulated

d)

Rules of Origin

9.

Which of the following conditions is a requirement in the application for advance tariff classification ruling?

a)

The name of the vessel

b)

The applicable rule of origin

c)

The subject commodity is to arrive after 90 days

d)

Submission of contract of sale

10.

Choose which one of the following is incorrect statement regarding the application for advance classification ruling

a)

Should be filed at least 90 days before the importation

b)

Shall cover only one product

c)

Shall be submitted in the prescribed form

d)

Should be notarized

11.

Aside from the BOC Commissioner, who among the government officials below is furnished with original copy advance classification ruling?

a)

Finance Secretary

b)

NEDA Director General

c)

Secretary of Trade and Industry

d)

Director of the Bureau of Import Services

12.

Which one of the following is not among those who can file a request for advance tariff classification ruling?

a)

Exporter’s authorized representative

b)

Commercial attaché assigned in the country

c)

Importer

d)

Foreign exporter to the Philippines

13.

In which one of the following Tariff Commission publications can you find the AHTN Supplementary Explanatory Notes?

a)

The Classification Compendium

b)

The AHTN Tariff Book

c)

The Correlation Table

d)

Primer on Tariff Development

14.

When can the Tariff Commission revoke an Advance Ruling?

a)

When there is a change in policy

b)

Whenever the Tariff Commission Chairman deemed it necessary

c)

 Upon the discovery of false and misleading information

d)

When there is a judicial decision

15.

Identify which one of the following statements is incorrect with regards to the initiation tariff classification dispute.

a)

 The applicable duty rate is disadvantageous to the government

b)

Not a subject of pending application for advance ruling

c)

Classification is considered difficult and highly technical by the BOC

d)

BOC has a different classification

16.

Which division in the Tariff Commission responsible for the issuance of advance rulings?

a)

Commodities Studies Division

b)

Economic Division

c)

Financial Studies Division

d)

International Studies Division

17.

 Within 30 days after receipt of a properly documented application is the period allowed for the Tariff Commission to issue

a)

Ruling on classification dispute

b)

Advance classification ruling

c)

Decision on the motion for reconsideration on advance classification ruling

d)

Ruling on the motion for reconsideration on disputed classification

18.

Where can an importer file an appeal after the Tariff Commission denied his motion for reconsideration regarding the ruling on classification dispute?

a)

BOC

b)

Department of Finance

c)

Office of the President

d)

Court of Tax Appeal

19.

Which one of the following statements is incorrect with regards to the application for tariff classification dispute ruling?

a)

Importation is to arrive after 90 days

b)

The product is not a subject of a request for advance ruling

c)

Classification is highly technical

d)

The BOC has different classification

20.

A local manufacturer suffering from the continuous importation of competing product at price below its normal value may seek assistance through which of the following measures?

a)

Promotion of Foreign Trade

b)

Countervailing

c)

Antidumping

d)

General Safeguard

21.

Increasing importation of non-tariffied agricultural product which is injurious to local industry can be addressed by which one of the following measures?

a)

Special Safeguard

b)

Antidumping

c)

Subsidy

d)

General Safeguard

22.

Which one of the following is not among the functions of the Tariff Commission?

a)

Issues ruling on valuation

b)

Administers the Philippine tariff nomenclature

c)

Adjudicates trade remedy measures

d)

Issues tariff rulings

23.

Under the provisions of Section 1100 of the CMTA, who among the following individuals is authorized to apply for advance classification ruling?

a)

Manufacturer

b)

Broker

c)

Importer

d)

Trader

24.

This Section on Flexible Clause empowers the President the following except for one which is to:

a)

Ban Imports

b)

Reduce Tariffs

c)

Impose an across the board tariff of 20%

d)

Modify the nomenclature

25.

This Section allows the government to enter into trade agreements with other countries including tariff rate reductions.

a)

Advance Ruling

b)

Trade Remedy Measure

c)

Advance Ruling

d)

Promotion of Foreign Trade

26.

Currently, who among the government officials has the authority to overrule the tariff classification ruling issued by the Tariff Commission?

a)

Sec. Benjamin Diokno

b)

PBBM

c)

Sec. Alfredo Pascual

d)

BOC Commissioner Rubio

27.

Which one of the following information is not a requirement in the application for an advance tariff classification ruling?

a)

Sample

b)

Technical Information Sheet

c)

Expected Date of Importation

d)

The Proforma Invoice

28.

Per Commission Order 2017-01, identify which one of the following individuals is not among those qualified to file a request for advance ruling

a)

The Philippine Importer

b)

The Foreign Exporter

c)

Any interested party

d)

The local exporter

29.

With regards to the pending request for advance ruling, within how many days after notification is the applicant required to submit the additional information and/or allow on-site verification should the Commission deemed it necessary?

a)

5 days

b)

30 days

c)

7 days

d)

10 days

30.

At what instance can the BOC elevate the case of issued advance tariff ruling to the Finance Secretary for review?

a)

When deemed that the ruling adverse to the government

b)

When the article in the ruling is subject of a judicial case

c)

         When the product involved included in the list of prohibited importation

d)

When the AHTN code is deemed incorrect

31.

If the Secretary does not issue a decision within 15 days after the BOC submitted the advance ruling for review, what will happen to this ruling?

a)

The ruling is revoked

b)

The period for the resolution of the case is extended

c)

The ruling is deemed confirmed

d)

Its implementation will be held in abeyance

32.

Who among the following individuals is not among those authorized to endorse disputed tariff classification to the Tariff Commission for resolution?

a)

Importer

b)

BOC Commissioner

c)

Exporter

d)

Trade Secretary

33.

Which one of the following is not among the grounds for an applicant in an advance ruling to file a motion for reconsideration?

a)

The analyst is incompetent

b)

Mistake of Fact

c)

Newly discovered evidence

d)

Excusable Negligence

34.

Which one of the following choices is not required for submission in the application for advance classification ruling?

a)

Photos

b)

Brochure

c)

BOC SAD

d)

Technical Information Sheet

35.

Should the applicant for advance ruling decided not to pursue his request already filed in the Tariff Commission, when can he withdraw his application?

a)

Within 5 days after submission

b)

Any time prior to the issuance of the ruling

c)

Within 3 days after the ruling was signed

d)

Anytime pending the release of the signed ruling

36.

The Tariff Commission is required to issue a ruling on classification dispute within 20 days after the termination of the hearing. For complex cases said period can be extended for another

a)

20 days

b)

30 days

c)

15 days

d)

10 days

37.

Which one of the following choices is the recently implemented Free Trade Agreement wherein the Philippines is a party together with the rest of the ASEAN member states and five dialogue partners?

a)

APEC

b)

AHKFTA

c)

PH-EFTA FTA

d)

RCEP