PART 1

Question 1

REPORT GENERATION

monthly report on LCL individual shipments that are not withdrawn after?

Answer 1

after 30 days from the date of container

Question 2

fees payable to the IMS service provider

Answer 2

Php 225 inclusive of VAT

Question 3

IMS service provider service pay the Bureau a monitoring and supervision fee equivalent to?

Answer 3

10% exclusive of VAT not later than 5th day of the following month

Question 4

-storage period of bonded goods

-for perishable goods?

Answer 4

-maximum period of 1 year from the time of arrival at the warehouse

• 3 months from the date of arrival

Question 5

responsible for the liquidation of all raw materials

Answer 5

CCBW Operator

Question 6

shall be known as the mother warehouse

Answer 6

CCBW

Question 7

written approval by the former CCBW to the transfer or reason for objecting within?

Answer 7

within 5 working days from receipt of letter of intent

Question 8

application for renewal of authority to operate a CBW

Answer 8

not later than 120 days but shall not be later than 91 days before the expiration of the authority

Question 9

ICCBWs, ICBWs and MCBWs with more than 10 members or client end user may file the application for renewal jointly within ?

Answer 9

within 150 days but shall not later than 91 days before the expiration of the authority

Question 10

REJECTION OF THE APPLICATION BY THE DISTRICT COLLECTOR

-the applicant may seek for reconsideration of the rejection of his application by filing motion for reconsideration with the
district collector within

• the district collector resolve the motion for reconsideration within

Answer 10

-within 15 day from the receipt of the notice of rejection

-within 7 days from the receipt thereof

Question 11

-when the applicant renewal was denied by the commissioner through the legal service within

-

Answer 11

• within 15 days from receipt the notice

-

Question 12

validity of authority to operate shall be valid for–

Answer 12

valid for 3 years counted from the date of its approval

Question 12

renewal of authority to operate

Answer 12

not later than 90 days but not earlier than 120 days before the expiration

Question 13

period of liquidate of CBW

Answer 13

within a non extendible period of 60 days

Question 14

the maximum period within which to submit complete liquidation documents is

Answer 14

30 days from the expiration of the storage

Question 15

CAO 1 2019

the PCAG is mandated to conduct within

Answer 15

within 3 years from the date of payment

Question 16

CAO 11 2020

Appeal from the denial of the application by the district collector within–

Answer 16

within 15 days from receipt of the denial

Question 17

CAO 11 2020

The district collector shall recommend approval of the application within

Answer 17

within 5 working days from completion of document

Question 18

CAO 11 2020

the commissioner shall act on the recommendation of the district collector within

Answer 18

within 5 working days from receipt

Question 19

CAO 1 2022

shall refer to a responsible official of the CBW named and designated by the operator as the person

Answer 19

accountable officer

Question 20

CAO 1 2022

shall refer to the automated system to be adopted by the CBW operator

Answer 20

automated inventory management system (AIMS)

Question 21

CAO 1 2022

shall refer to the automated system to be utilized by the Bureau

Answer 21

automated bonds management system (ABMS)

Question 22

CAO 1 2022

shall refer to a warehouse authorized/licensed by the bureau to import, receive and store without payment of duties and taxes

Answer 22

CBW

Question 23

CAO 1 2022

refer to the committee created to act on application for the establishment and operation of CBW

Answer 23

customs bonded warehouse committee (CBWC)