CAd 313

Question 1

Formula for DV

Answer 1

DV=FOB+D.FRT+D.INSURANCE+O/C if any

Question 2

FORMULA FOR VAT IN FORMAL ENTRY WITH ET

Answer 2

VAT=DV+CUD+BC+BF+AC+WD+IPF+CDS=LC+ET X .12

Question 2

Formula of TV

Answer 2

TV=PAPP+MA-PD

Question 3

FORMULA FOR VAT IN FORMAL ENTRY WITHOUT ET

Answer 3

VAT=DV+CUD+BC+BF+AC+WD+IPF+CDS=LC X .12

Question 4

FORMULA FOR VAT IN INFORMAL ENTRY WITHOUT ET

Answer 4

VAT=DV+CUD+BF+CDS=LC X .12

Question 5

FORMULA FOR VAT IN INFORMAL ENTRY WITH ET

Answer 5

VAT=DV+CUD+BF+CDS=LC+ET=VB X .12

Question 6

LC=VB IF THERE IS NO ET

Answer 6

TRUE

Question 6

BF FOR FORMAL ENTRY PROCESS IF THE DV OF SHIPMENT IS UP TO 10K

Answer 6

P 1,300

Question 6

BF FOR FORMAL ENTRY PROCESS IF THE DV OF SHIPMENT IS OVER 10K-20K

Answer 6

P 2,000

Question 7

BF FOR FORMAL ENTRY PROCESS IF THE DV OF SHIPMENT IS UP TO OVER 20K-30K

Answer 7

P 2,700

Question 8

BF FOR FORMAL ENTRY PROCESS IF THE DV OF SHIPMENT IS UP TO OVER 30K-40K

Answer 8

P 3,300

Question 8

BF FOR FORMAL ENTRY PROCESS IF THE DV OF SHIPMENT IS UP TO OVER 40K-50K

Answer 8

P 3,600

Question 8

BF FOR FORMAL ENTRY PROCESS IF THE DV OF SHIPMENT IS UP TO OVER 50K-60K

Answer 8

P 4,000

Question 9

BF FOR FORMAL ENTRY PROCESS IF THE DV OF SHIPMENT IS UP TO OVER 60K-100K

Answer 9

P 4,700

Question 10

BF FOR FORMAL ENTRY PROCESS IF THE DV OF SHIPMENT IS UP TO OVER 100K-200K

Answer 10

P 5,300

Question 11

BF FOR FORMAL ENTRY PROCESS IF THE DV OF SHIPMENT IS EXCEED OF 200K

Answer 11

BF= DV x0.00125+P 5,050

Question 11

BF FOR INFORMAL ENTRY PROCESS

Answer 11

P 700

Question 11

BF FOR EXPORT DECLARATION

Answer 11

ONE HALF OF THE IMPORT RATES

Question 12

OTHER SERVICES

Answer 12

1. OBTAINING SHIPSIDE PERMIT- P 1,300
2. OBTAINING TRANSFER PERMIT- P 1,300
3. WITHDRAWAL ENTRY (WAREHOUSING ENTRIES)
   A. COMPLETE WITHDRAWAL- P 2,000
   B. PARTIAL WITHDRAWAL- P 1,500 every withdraw

Question 12

CDS FOR FORMAL ENTRY PROCESS

Answer 12

P 280

Question 12

CDS FOR INFORMAL ENTRY PROCESS

Answer 12

P 30

Question 13

IPF FOR INFORMAL AND FORMAL ENTRY UP TO 250K OF DV

Answer 13

P250

Question 13

IPF FOR INFORMAL AND FORMAL ENTRY OVER 250K- 500K OF DV

Answer 13

P 500

Question 13

IPF FOR INFORMAL AND FORMAL ENTRY OVER 500K-750K OF DV

Answer 13

P 750

Question 14

IPF FOR INFORMAL AND FORMAL ENTRY OVER 750K OF DV

Answer 14

P 1,000

Question 15

HOW MUCH IS THE ET IF THE SHIPMENT IS SUBJECT FOR EXCISE TAX?

Answer 15

20% OF DV

Question 15

BC if the shipmemt is under LC

Answer 15

BC=DV x 0.00125

Question 16

Conversion of RT for Actual Port Charges

Answer 16

1RT= 40 ft3 1cbm= 0.883 RT

Question 16

Conversion for Bd. Ft

Answer 16

Bd. Ft.= in x in x ft/144 Bd. Ft.= cubic feet 0r ft3

Question 17

Conversion of RT for Assessment Purposes

Answer 17

1RT=1MT

Question 17

Conversion of MT

Answer 17

1MT=1,000KGS 1MT=1RT

Question 18

FORMULA FOR CUD

Answer 18

CUD= DV x ROD (ATIGA/MFN)

Question 19

CONVERSION OF LB TO KG

Answer 19

1LB=0.4536KGS

Question 20

CONVERSION OF CBM TO ft3

Answer 20

1CBM=35.31445 ft3

Question 21

Class 1- Explosives

Answer 21

Ammonium Nitrate, Ammunition, DYNAMITE, FIREWORKS, DENOTATING TUSER, GUN POWDER, GRENADES, BOMB, EXPLOSIVES, AND FERTILIZERS

Question 22

Class 2- Gasses

Answer 22

ACETYLENE (DISSOLVE), CARBON MONOXIDES, FIRE ESTINGUISHER, NITROGEN PEROXIDES, AEROSOL DISPENSER'S AND NATURAL GAS

Question 23

Class 3- Inflammable Liquids

Answer 23

ACETONE, INDUSTRIAL ALCOHOL, PAINT, VARNISH, THINNER, INK, ALCOHOL BEVERAGES, NAPTHA CONDENSATE, PARAFFIN WAX, ASHPHALT, TRANSFORMERS OIL, AND HYDRAULIC BRAKE FLUID

Question 24

Class 5- Oxidizing Agents/ Organic Peroxides

Answer 24

CALCIUM PEROXIDES, HYDROGEN PEROXIDES, ZINC PEROXIDES, FERRIC NITRATE, NICKLE NITRATE, AND SODIUM PERMANGANATE

Question 24

Class 4- Inflammable Solids

Answer 24

ANIMAL AND VEG. FIBERS, MOTION PICTURES AND X-RAY FILMS, SCRAP RUBBER, MATCHES, JUTE (DRY), KAPOK (DRY), AND STRAW

Question 25

CLASS 6- Poisonous (toxic) infectious substances

Answer 25

CHLOROFORM, CYANIDES, PESTICIDES, POTASSIUM ACETATE, TEAR GAS GRENADES, LEAD ACETATES AND NICOTIN COMPOUND

Question 26

Class 7- Radioactive substances

Answer 26

COBALT, URANIUM, IRIDIUM, THORIUM, BERYLLIUM, RADIUM, NEODYMIUM, AND TERBIUM

Question 27

Class 8- Corrosives

Answer 27

MURIATIC ACID, NITRIC ACID, SULFURIC ACOD, BATTERIES FILLED WITH ACID AND HYDRAULIC ACID

Question 28

Class 9- Irritants or miscellaneous dangerous substance

Answer 28

BLEACHING POWDER, COAL, SODA ASH, CEMENT, FISH MEAL, SODIUM