In Heading No. 2917.12.10, what does the figure (2917.12) signify using the principle of structure and numbering system? A. Chapter Number B. Harmonized System Subheading Number C. Heading Number D. AHTN Subheading Number

The AHTN is based on the Harmonized System. Any amendments on the Harmonized System would necessarily be reflected on the AHTN. A. Both statements are true. B. Both statements are false. C. The first statement is true, the second is false. D. The second statement is false, the second is true.

Under CMTA, which of the following type of importation is classified as regulated importation? A. Edible meat offal C. Paracetamol in liquid form found to contain 70% of water B. Opium pipes of whatever material D. Counterfeit Victoria's Secret Garden

The Harmonized System is being managed by the A. World Trade Organization B. World Customs Organization C. Philippine Tariff Commission D. Association of Southeast Asian Nations

Each Member States shall apply the AHTN, up to the 8-digit level, for all trade transactions for tariff, the collection of statistical data and other purposes. No Member States may further sub-divide the AHTN, beyond the 8-digit level, for the collection of statistical data or other non-tariff purposes. A. Both statements are true. B. Both statements are false. C The first statement is true, the second is false. D. The first statement is false, the second is true.Each Member States shall apply the AHTN, up to the 8-digit level, for all trade transactions for tariff, the collection of statistical data and other purposes. No Member States may further sub-divide the AHTN, beyond the 8-digit level, for the collection of statistical data or other non-tariff purposes. A. Both statements are true. B. Both statements are false. C The first statement is true, the second is false. D. The first statement is false, the second is true.

This guiding principle mandating the 10 ASEAN Member States to publish all laws, regulations and administrative guidelines pertaining to the AHTN making them publicly available in a prompt, transparent and readily accessible manner. A. Transparency B. Efficiency C. Consistency D. Appeals

According to Bangko Sentral ng Pilipinas, all merchandise imports are allowed; however, certain commodities are regulated or prohibited. Which of the following is not reason mentioned in the BSP Manual Regulation in foreign exchange transactions for the exception? A. public health and safety C. international security B. international commitment D. development of local industry

Which of the following was known to be a prolific source of revenue? A. Duty B. Schedule C. Rate D. Tariff.

This Chapter of the HS was reserved for possible future use by the CPs. A. Chapter 20 C. Chapter 77 B. Chapter 47 D. Chapter 99

This guiding principle mandates the Member States to ensure that the AHTN is used for the efficient administration and expeditious clearance of goods to facilitate trade A. Transparency C. Consistency B. Efficiency D. Appeals

Under the CMTA, any other items which is the subject of importation or exportation shall specifically refer A. Articles B. Goods C. Merchandise D. Wares

Controlled regulated or qualifiedly prohibited import goods shall, under the CMTA, specifically refer to A. Infringing goods C. Perishable goods B. Restricted importation D. Destructive Importation

It is indicated in the absence of subheadings in a 6-digit or up to the 8-digit level. A. Zero B. One-dash C. Alphanumeric D. Colon

To specifically identify the terms of headings and subheadings and impose the corresponding rates of import duty, imported goods shall undergo A. Examination B. Classification C. Assessment D. Appraisal

When the intent is to offset the subsidy granted by government of exporting country on its exports, the duty imposed is called C. Marking duty. A. Safeguard duty. D. Discriminatory duty B. Countervailing duty

One of the characteristics of the Harmonized System is that it is structured. A structured nomenclature provides a legal and logical structure within which I. The headings are grouped into chapters II. Chapters are arranged into Sections A. Ionly B. Il only C. I and Il D. None of the choices.

In the Philippines, the primary purpose of tariff imposition is to А. protect domestic industries against unfair competition. B.earn revenue. C. promote a favorable balance of trade. D.diminish the power of countries

"Ad valorem" is a Latin word, which literally means A. Dutiable value B. According to value C. Transaction Value D. Market Value

Under the tariff law, this term means placing imported goods under the tariff class, clause, or description to which they respectively belong. A. classification C. grouping B. identification D. tagging

Mandatory for WCO Member countries to adopt the HS up to the 6-digit subheadings. Modifications should be done beyond the 6-digit level. A. Both statements are true. C. The first statement is true, the second is false В. Both statements are false. D. The first statement is false, the second is true.

The General Rules for the interpretation of the HS are provided in _ _ of the CMTA. A. Section 1600 C. Section 1611 B. Section 1610 D. Section 1612

Which of the following goods when imported into the Philippines shall be regarded as prohibited? A. Exposed films containing concepts about contraceptives B. Books depicting "The Futility of a Democratic Government". C. Used clothing for donation to duly registered relief organizations D. Milking machines brought in by Board of Investment registered enterprises

It Is an annexed to the International Convention on the Harmonized Commodity Description and Coding System A. ASEAN Harmonized Tariff Nomenclature B. Customs Cooperation Council Nomenclature C. Harmonized Commodity Description and Coding System D. Standard International Trade Classification

The Harmonized System is being managed by the A. World Trade Organization C. Philippine Tariff Commission B. World Customs Organization D. Association of Southeast Asian Nations

The HS product descriptions are presented in headings and subheadings and are arranged in A. 99 Chapters C. 97 Chapters B. 98 Chapters D. 96 Chapters

Harmonized System undergone several changes called revisions. To date, there are already four (4) revisions conducted. A. Both statements are true. C. The first statement is true, the second is false. B. Both statements are false. D. The first statement is false, the second is true.

The ASEAN Tariff Nomenclature was adopted by the 10 member states of ASEAN in A. 2000 C. 2004 В. 2002 D. 2005

The AHN was conceptualized by the ASEAN Member States in order to have a common facilitate trade within the region. A. preferential tariff B. trade statistics C. tariff nomenclature D. statistical nomenclature

In order to indicate more clearly its nature and world-wide status, this organization adopted the informal working name, "World Customs Organization". What is its official name? A. Customs Coordination Council C. Customs Communication Council B. Customs Cooperation Council D. Customs Collaboration Council

It is a form of retaliatory duty imposed by Country x against the products of Country y for the latter's exaction of unreasonable charges on the products of the former. A. Countervailing Duty C. Marking Duty B. Discriminatory Duty D. Safeguard Duty

The AHTN is based on the Harmonized System. Any amendments on the Harmonized System would necessarily be reflected on the AHTN. A. Both statements are true. В.Both statements are false. C. The first statement is true, the second is false. D. The second statement is false, the second is true.

The Harmonized System is an international multipurpose goods nomenclature consisting of all the following except - A. General Rules for the Interpretation C. 8-digit numerical codes B. Section and Chapter legal notes D. 4-digit heading and 6-digit subheading numerical codes

The ASEAN Harmonized Tariff Nomenclature is implemented up to A. A. Six (6) digit level C. Ten (10) digit level B. Eight (8) digit level D. Twelve (12) digit level

Prohibited importation and exportation as defined under the CMTA excludes A. Written or printed goods containing any threat to take the life of or inflict bodily harm upon any person in the Philippines. B. Goods, instruments, drugs and substances designed, intended or adapted for producing unlawful abortion. Any representation of an obscene or immoral character. D, Goods manufactured in whole or in part of gold, silver and other precious metals or alloys when the stamp, brand or mark does indicate the actual fineness of the quality of the metals or alloys.Prohibited importation and exportation as defined under the CMTA excludes A. Written or printed goods containing any threat to take the life of or inflict bodily harm upon any person in the Philippines. B. Goods, instruments, drugs and substances designed, intended or adapted for producing unlawful abortion. C. Any representation of an obscene or immoral character. D. Goods manufactured in whole or in part of gold, silver and other precious metals or alloys when the stamp, brand or mark does indicate the actual fineness of the quality of the metals or alloys.

The intergovernmental commitment of the Contracting Parties to abide by the HS provisions is known as A. nternational Convention on the Harmonized System B. Explanatory Notes to the HS C. Instrument of Accession to the HS D. Convention Compendium of Classification Opinions

Each Member States shall apply the AHTN, up to the 8-digit level, for all trade transactions for tariff, the collection of statistical data and other purposes. No Member States may further sub-divide the AHTN, beyond the 8-digit level, for the collection of statistical data or other non-tariff purposes. A. Both statements are true. B. Both statements are false. C The first statement is true, the second is false. D. The first statement is false, the second is true.

What is modern customs tariff? I. Systematic arrangement of customs duties levied on goods crossing the border of a political unit. II. Official list or schedule of commodities setting forth the several customs duties to be imposed on imports. A. only B. Il only C. I and Il D. None of the choices.

The Harmonized System contains a considerable amount of information. The systematic arrangement of goods in the HS makes it easier to understand, navigate and apply. A. Both statements are true. C. The first statement is true, the second is false. В. Both statements are false. D. The first statement is false, the second is true.

A contracting party to the Harmonized System is obligated to follow up to what digit level? A. 4th digit level C.6th digit level B. 5th digit level D. 8th digit level

If importation of goods into the Philippines neither requires the clearance or approval of any government agency nor are forbidden by law, such goods are classified under the CMTA as C. Prohibited importation A Free importation D. Restricted importation B. Regulated importation

The Philippines formally adopted the HS on A. January 1, 1980 B. July 1, 1988 C. September 23, 1988 D. September 18, 2012

As the only international organization dealing exclusively with customs matters, how does the WCO operate? I. Provides for a forum where delegates representing a large variety of members could tackle customs issues on equal footing Il. Each member has one representative and is entitled to one vote A. Ionly C.I and Il B. Il only D. None of the choices.

Goods evolve; trade changes, hence, the Harmonized System nomenclature must be A. Harmonized C. Structured B. Multipurpose D. Flexible

The ASEAN Harmonized Tariff Nomenclature is an eight-digit HS-based commodity nomenasuas common among the 10 ASEAN Member States. Beyond the 8-digit AHTN level, the Philippines assigns three-digit-numeric codes to provide for its national tariff lines. A. Both statements are true. C. The first statement is true, the second is false. B. Both statements are false. D. The first statement is false, the second is true.

What keeps the Harmonized System harmonized? I. Countries that have adopted the Harmonized System are not permitted to alter in any way the descriptions associated to a heading or a subheading. II. Countries that have adopted the Harmonized System are not allowed to alter the numerical codes at the four- or six-digit levels. A. I only C I and Il B. Il only D. None of the choices.

The ASEAN Harmonized Tariff Nomenclature was adopted by the ASEAN Member States up to the level. A. 4-digit C. 8-digit B. 6-digit D. 10-digit

What is the descriptive title of Tariff Management 2? A. Customs Commodity Classification B. Tariff Classification System C. Customs Tariff Classification D. Commodity Classification System

This Chapter of the HS was reserved for possible future use in the HS. A. Chapter 20 C. Chapter 47 B. Chapter 77 D. Chapter 99

The complete description of Harmonized System (HS) A. Harmonized Commodity and Coding System B. Harmonized Commodity Description and Coding System C. Harmonized Convention and Classification System D. Harmonized Cargo Classification and Coding System

The Philippine Instrument of Accession to the HS Convention was formally deposited to the WCO on A. September 23, 1998 C. June 25, 2001 B. February 5. 2001 D. September 18, 2012

A modest tariff is usually imposed to products not produced locally. A high tariff is imposed when the intent is to restrict the entrant of foreign goods in the domestic market. A. Both statements are true. C. The first statement is true, the second is false B. Both statements are false. D. The first statement is false, the second is true.

This term is used to describe the systematic naming of things. A. Descriptor C. Classification B. Nomenclature D. Examination

Following are the legal texts comprising the Harmonized System, except A. General Interpretative Rules B. List of Headings arranged in systematic order C. Tariff Reduction Programme D. Section and Chapter Notes with Subheading Notes

The Harmonized System (HS) allows participating countries to classify traded goods on a common basis for customs purposes. At the international level, the HS for classifying goods Is a A. four-digit code system C. six-digit code system B. eight-digit code system D. ten-digit code system

The authority with regards to the distribution of ASEAN Harmonized Tariff Nomenclature in the Philippines. A. World Trade Organization C. Philippine Tariff Commission B. World Customs Organization D.Association of Southeast Asian Nations

Restricted importation and exportation as defined under the CMTA excludes A. Lottery and sweepstakes tickets advertisements and list of drawings. B. Dynamite, gunpowder, ammunition and other explosives, firearms weapons of war and parts thereof. C. Opium pipes or parts thereof of whatever material. D. Marijuana, opium, poppies, coca leaves, heroin or other narcotics or synthetic drugs declared by the President as habit forming

Imported goods shall be deemed "entered" in the Philippines for consumption when the goods declaration is with the pertinent customs office. A. Electronically lodged C. sent via electronic mail B. Personally submitted d. sent through registered mail

The General Rules for the Interpretation provides six (6) rules that established classification principles throughout the HS to ensure uniform classification of goods in one and the same headings to the exclusion of any others which appear to merit consideration. The six (6) rules shall be applied in A. Hierarchical order C. Bilateral order B. Alphabetical order D. Numerical Order

The provision of the law CMTA) relative to importation of goods requiring clearance or permits is under A. Section 115, CMTA C. Section 117, CMTA B. Section 116, CMTA D. Section 118, CMTA

This subheading is provided at the national level to incorporate tariff requirements unique only to the Philippines. A. 10-digit AHTN Subheading B. Alpha-omega subheading C. Alphanumeric Subheading D. 8-digit numerical subheading