Definition of Customs clearance

Chap 10

Quiz
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Other
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University
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Easy
Anh Diep
Used 1+ times
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28 questions
Show all answers
1.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Most of countries „do not like“ import goods
the process of selling goods in a local market.
Dictated by customs authorities
complex process that an importer has to
follow after bringing goods into a country
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is tax than an importer must pay in order to bring goods into a country ?
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
How to calculate a duty?
Type of goods
„Harmonized System
Number“ (HS-Code)
Value of goods
„Valuation methods“
(tariff rate or duty rate)
Origin of goods
Comparative method
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is most frequently used duty valuation?
Transaction value of the sale
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is seldom used duty valuation method?
Brussels Definition of Value (price)
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which method is NOT universally adopted for determining the rules of origin?
A) Substantial transformation
B) Change in HS classification
C) Transparent rules
D) Both A and B
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is required from countries regarding their rules of origin?
A) Adopt the U.S. Customs rules
B) Provide a ruling on a country of origin within 100 days
C) Make their rules of origin transparent and unbiased
D) Follow the EU classification strictly
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