NEW
Font size
WorksheetsTL DAY 1
Total questions: 37
Worksheet time: 30mins
Which one of the following choices fall within the purview of Section 1608 tariff modification?
A domestic industry filed complaint against surge in importation of a product of foreign counterpart
The Philippines considers importation of medicines at preferential tariff
A producer wants to secure tariff protection for its product
A trader wishes to knows the correct duty applicable to a product intended for importation
To avail of the reduced tariffs on parts and components under the MVDP, the car manufacturer must be registered with what government agency?
Department of Transportation
Board of Investments
National Economic and Development Authority
Tariff Commission
To which of the following government offices is the Tariff Commission an attached agency?
National Economic and Development Authority
The Board of Investment
Department of Trade and Industry
Department of Finance
The activities conducted by the Tariff Commission regarding investigation on industrys’ petition for tariff modification are the following except for one.
Undertakes plant inspection
Serves notices to parties of interest
Does tax auditing on petitioner
Conducts public hearings
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?
Promotion of foreign trade
Advance ruling
Safeguard
Flexible Clause
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?
Countervailing and subsidy
Special safeguard
General Safeguard
Antidumping
Under Section 1100, the tariff classification ruling issued by the Tariff Commission is binding with which one of the following government agencies?
Department of Trade and Industry
Department of Finance
Bureau of Import Services
Bureau of Customs
Which of the following choices is one of the information mentioned in the advance classification ruling?
Value of the product
The date of issue
Whether the product is regulated
Rules of Origin
Which of the following conditions is a requirement in the application for advance tariff classification ruling?
The name of the vessel
The applicable rule of origin
The subject commodity is to arrive after 90 days
Submission of contract of sale
Choose which one of the following is incorrect statement regarding the application for advance classification ruling
Should be filed at least 90 days before the importation
Shall cover only one product
Shall be submitted in the prescribed form
Should be notarized
Aside from the BOC Commissioner, who among the government officials below is furnished with original copy advance classification ruling?
Finance Secretary
NEDA Director General
Secretary of Trade and Industry
Director of the Bureau of Import Services
Which one of the following is not among those who can file a request for advance tariff classification ruling?
Exporter’s authorized representative
Commercial attaché assigned in the country
Importer
Foreign exporter to the Philippines
In which one of the following Tariff Commission publications can you find the AHTN Supplementary Explanatory Notes?
The Classification Compendium
The AHTN Tariff Book
The Correlation Table
Primer on Tariff Development
When can the Tariff Commission revoke an Advance Ruling?
When there is a change in policy
Whenever the Tariff Commission Chairman deemed it necessary
Upon the discovery of false and misleading information
When there is a judicial decision
Identify which one of the following statements is incorrect with regards to the initiation tariff classification dispute.
The applicable duty rate is disadvantageous to the government
Not a subject of pending application for advance ruling
Classification is considered difficult and highly technical by the BOC
BOC has a different classification
Which division in the Tariff Commission responsible for the issuance of advance rulings?
Commodities Studies Division
Economic Division
Financial Studies Division
International Studies Division
Within 30 days after receipt of a properly documented application is the period allowed for the Tariff Commission to issue
Ruling on classification dispute
Advance classification ruling
Decision on the motion for reconsideration on advance classification ruling
Ruling on the motion for reconsideration on disputed classification
Where can an importer file an appeal after the Tariff Commission denied his motion for reconsideration regarding the ruling on classification dispute?
BOC
Department of Finance
Office of the President
Court of Tax Appeal
Which one of the following statements is incorrect with regards to the application for tariff classification dispute ruling?
Importation is to arrive after 90 days
The product is not a subject of a request for advance ruling
Classification is highly technical
The BOC has different classification
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?
Promotion of Foreign Trade
Countervailing
Antidumping
General Safeguard
Increasing importation of non-tariffied agricultural product which is injurious to local industry can be addressed by which one of the following measures?
Special Safeguard
Antidumping
Subsidy
General Safeguard
Which one of the following is not among the functions of the Tariff Commission?
Issues ruling on valuation
Administers the Philippine tariff nomenclature
Adjudicates trade remedy measures
Issues tariff rulings
Under the provisions of Section 1100 of the CMTA, who among the following individuals is authorized to apply for advance classification ruling?
Manufacturer
Broker
Importer
Trader
This Section on Flexible Clause empowers the President the following except for one which is to:
Ban Imports
Reduce Tariffs
Impose an across the board tariff of 20%
Modify the nomenclature
This Section allows the government to enter into trade agreements with other countries including tariff rate reductions.
Advance Ruling
Trade Remedy Measure
Advance Ruling
Promotion of Foreign Trade
Currently, who among the government officials has the authority to overrule the tariff classification ruling issued by the Tariff Commission?
Sec. Benjamin Diokno
PBBM
Sec. Alfredo Pascual
BOC Commissioner Rubio
Which one of the following information is not a requirement in the application for an advance tariff classification ruling?
Sample
Technical Information Sheet
Expected Date of Importation
The Proforma Invoice
Per Commission Order 2017-01, identify which one of the following individuals is not among those qualified to file a request for advance ruling
The Philippine Importer
The Foreign Exporter
Any interested party
The local exporter
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?
5 days
30 days
7 days
10 days
At what instance can the BOC elevate the case of issued advance tariff ruling to the Finance Secretary for review?
When deemed that the ruling adverse to the government
When the article in the ruling is subject of a judicial case
When the product involved included in the list of prohibited importation
When the AHTN code is deemed incorrect
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?
The ruling is revoked
The period for the resolution of the case is extended
The ruling is deemed confirmed
Its implementation will be held in abeyance
Who among the following individuals is not among those authorized to endorse disputed tariff classification to the Tariff Commission for resolution?
Importer
BOC Commissioner
Exporter
Trade Secretary
Which one of the following is not among the grounds for an applicant in an advance ruling to file a motion for reconsideration?
The analyst is incompetent
Mistake of Fact
Newly discovered evidence
Excusable Negligence
Which one of the following choices is not required for submission in the application for advance classification ruling?
Photos
Brochure
BOC SAD
Technical Information Sheet
Should the applicant for advance ruling decided not to pursue his request already filed in the Tariff Commission, when can he withdraw his application?
Within 5 days after submission
Any time prior to the issuance of the ruling
Within 3 days after the ruling was signed
Anytime pending the release of the signed ruling
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
20 days
30 days
15 days
10 days
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?
APEC
AHKFTA
PH-EFTA FTA
RCEP
