Tariffs and Customs Terms P.1.99 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)
risk of cargo damage or loss due to adverse government action, prevention of entry of goods, war, confiscation, expropriation, failure to convert currency, etc.
political risk
Port of Manila.
POM
a vessel with a flat deck and shallow draft.
pontoon
part of a vessel where the steering engine lies.
poop
an agreement among common carriers to share in the transport of cargo or to share in the profits
pooling
the words inscribed in an aval, together with the signature of the maker of an obligation and an authorized signature of the bank
Por aval
a place with permanent facilities where vessels or aircrafts can load or discharge cargo and/or passengers
port
the left side of a ship or aircraft looking forward,
port
a place where export and import goods are cleared through Customs.
port
a crane with tall, wide legs to allow vehicles to pass under it.
portal crane
a government agency that owns, operates, or provides wharf and other terminal service facilities at ports.
port authority
refer to port dues, dockage at berth and dockage at anchorage, usage and lay-up fees, wharfage, and storage fees assessed on the vessel/cargo.
Port charges
under this term, the ship-owner has taken the position that a vessel is an “arrived ship”
port charter
a surcharge that covers the cost of port of delays, due to congestion of ships
Port congestion surcharge
the expenses incurred when a ship calls a port. These include port charges, standing costs for time spent in port, and banker costs.
port costs
is the amount assessed against a vessel engaged in foreign trade based on its total based GRT or part thereof, including those engaged in barter for each entrance into the departure from a port of entry in the Philippines
port dues
one who carries passengers’ baggage or cargoes for a fee.
porter
a document that states that the time of ship’s arrival or departure, use of tugs, her draft and deadweight, quantity of cargo loaded or discharged, etc.
port log
a port where a ship drops anchor or moors during ocean voyage.
port of call
the port of final destination where the goods will be entered for Customs clearance.
port of destination
the port where cargo is unloaded from an ocean-going ship.
port of discharge
a domestic port open to both foreign and coastwise trade. It includes principal ports of entry, airports, and sub-ports of entry. The principal port in the permanent Station of a Custom collector.
port of entry
The port where cargo is loaded on ocean-going ship.
Port of loading
the very last port from which cargo-laden ship sails
port of exportation
