Tariffs and Customs Terms P.1.95 Flashcards
Terms and meaning from Dictionary of Tariff and Customs Terms with organization and functions of the various Offices of the Bureau of Customs. (25 cards)
a support and advisory team for the Pan-American Rapporteur.
Pan-American EDIFACT Board
criteria used by Customs in clearing shipments through the green, yellow, and red lane. These include: 1. authenticity of documents, 2. tariff headings, 3. dutiable value against published value, if any, 4. special tariff rates, 5. anti-dumping bond, if any, 6. quantity against weight, 7. other probable violations.
parameters
personal effects entrusted to the officer or crew of the carrying vessel without payment of freight
parcel cargo
Refers to the Paris Convention for the protection of Industrial Property (adopted in 1883) which covers patents, industrial designs, service marks, trade names, indication of source, and unfair competition
Paris Convention
partial loss suffered by a portion of the cargo.
partial average
total loss of part of a cargo, or single damage to all cargoes or part of these
partial loss
a carrier that applies the freight rates, charges, routing, and regulations of an established tariff.
participating carrier
shall mean a letter of credit opened by an importer and accepted by an AAB with either a total or partial remittance of foreign exchange and the subsequent importation and release of imported goods covered by the corresponding Lc, CBRC, and Import entry and revenue declaration.
partially unutilized letter of credit
a kind of average wherein the expenses incurred with respect to cargo damage or loss are borne exclusively by its owner or shipper. It is a partial loss caused by an insured marine peril. Compare with general average.
particular average
a partial loss of an insured property due to a marine peril. This loss concerns only the party interested in the property.
particular average loss
expenses in marine cargo insurance incurred for the safety or preservation of cargo. These, however, do not include those for general average or salvage.
particular charges
Means: a) articles of HDG no. 73.07, 73.12, 73.15, 73.17, 73.18 and similar articles of other base metal; b) Spring and leaves for springs of, base metal, other than clock. or watch springs (hdg. No. 91.14 and; c) Articles of hdg nos.83.01, 83.02, 83.10, and frames and mirrors, of base metal, of heading no. 83.08
parts of general use
is a detailed list of all passenger on board the vessel with the names, sex, ages, residence port of embarkation and destination.
passenger manifest
transshipment of goods to another country to avail of preferential tariff treatment.
pass-through
similar to a trademark, it is a legal recognition to a scientific or technological innovation or discovery.
patent
entered into force in 1978, it aims to simplify the procedures for international patent applications
Patent Cooperation
a party to whom payment is made.
payee
the bank that pays under a documentary credit. It can be the issuing bank or a bank nominated by it, which is usually the advising or confirming bank.
paying bank
payload the load carried by a means of transport.
payload
a system of payment wherein the buyer can only receive cargo upon actual payment of the invoice
payment against documents
a party, who pays, or is legally obliged to pay.
payor
a document that attest to the seaworthiness of the vessel, and to the fact that her equipment conform with standards set by international conventions on maritime safety,
PCC certificate of inspection
charges paid by the ship-owner for loading phosphate in bulk in North African ports.
peage dues
demand the period when demand for a commodity is greatest.
peak
