P age | 1 | | | | |
BAHAMAS CUSTOMS BROKERAGE
TRAINING EXAM UPDATED EXAM WITH
VERIFIED SOLUTIONS.
The concept of Computed Value. - correct answer -Unlike deductive
| | | | | | | | |
value (which is based on local conditions), is determined on
| | | | | | | | | |
conditions based internationally. It is based on the total cost
| | | | | | | | | |
involved in the manufacturing, and the total completion of the
| | | | | | | | | |
product. This includes, but not limited to, cost of man hours, rent,
| | | | | | | | | | | |
electricity, etc.
| |
Which is the most commonly used principle of the W.T.O. Valuation
| | | | | | | | | |
Agreement? - correct answer -Transactional Value on Price Actually
| | | | | | | | |
Paid or Payable (PAPP)
| | | |
Explain the acronym TRIPS Agreement. - correct answer -Trade
| | | | | | | |
Related Aspects of Intellectual Property Rights
| | | | | |
Every person shall on entering The Bahamas make a declaration on
| | | | | | | | | |
which form? - correct answer -C.17 - Accompanied baggage
| | | | | | | | |
declaration
|
, P age | 2
| | | | |
What is the exemption given to residents entering The Bahamas?
| | | | | | | | |
- correct answer -$500.00 - twice per year
| | | | | | |
If travelers' baggage does not arrive along with them, they must
| | | | | | | | | |
complete which form? - correct answer -C.18 - Unaccompanied
| | | | | | | | |
baggage declaration
| |
Goods imported into the Customs authority can also be entered
| | | | | | | | |
by? - correct answer -The Owner of the goods.
| | | | | | | | |
Name the form of a Customs Brokers Licence. - correct answer -
| | | | | | | | | | |
C.53
|
The Comptroller of Customs may suspend or revoke licences at any
| | | | | | | | | |
time. Give two (2) reasons why. - correct answer -(i) If the Broker
| | | | | | | | | | | | |
ceased to practice Customs Brokerage
| | | | |
(ii) If he/she does not conform to the conditions of the licence.
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, P age | 3
| | | | |
Goods imported for personal use may be exempt from duties based
| | | | | | | | | |
on two (2) conditions. - correct answer -1. Where the goods are of a
| | | | | | | | | | | | | |
non-commercial nature within the limits of the duty free allowances.
| | | | | | | | | |
2. Where they are contained in the personal baggage of passengers
| | | | | | | | | |
or crew of any aircraft or vessel arriving from outside the Customs
| | | | | | | | | | | |
territory.
|
A cruise ship enters the Port of Prince George Dock with 2,500
| | | | | | | | | | |
passengers and 700 crew members. Kindly clear the vessel
| | | | | | | | |
inwards beginning with the name and colour of the flag. Give at least
| | | | | | | | | | | | |
six (6) forms needed. - correct answer -Quarantine Flag - Yellow
| | | | | | | | | | |
C.2 - Report Inwards of Vessels
| | | |
C.2A - Inward Report - Pleasure Vessel
| | | | | |
C.3 - Parcels List | |
C.4 - Vessel Passenger List
| | |
C.5 - Declaration of Consumables Stores on Board the Vessel
| | | | | | | |
C.6 - Declaration of Dutiable Goods in Possession of the Crew
| | | | | | | | |
Aircraft or Vessel
| | |
BAHAMAS CUSTOMS BROKERAGE
TRAINING EXAM UPDATED EXAM WITH
VERIFIED SOLUTIONS.
The concept of Computed Value. - correct answer -Unlike deductive
| | | | | | | | |
value (which is based on local conditions), is determined on
| | | | | | | | | |
conditions based internationally. It is based on the total cost
| | | | | | | | | |
involved in the manufacturing, and the total completion of the
| | | | | | | | | |
product. This includes, but not limited to, cost of man hours, rent,
| | | | | | | | | | | |
electricity, etc.
| |
Which is the most commonly used principle of the W.T.O. Valuation
| | | | | | | | | |
Agreement? - correct answer -Transactional Value on Price Actually
| | | | | | | | |
Paid or Payable (PAPP)
| | | |
Explain the acronym TRIPS Agreement. - correct answer -Trade
| | | | | | | |
Related Aspects of Intellectual Property Rights
| | | | | |
Every person shall on entering The Bahamas make a declaration on
| | | | | | | | | |
which form? - correct answer -C.17 - Accompanied baggage
| | | | | | | | |
declaration
|
, P age | 2
| | | | |
What is the exemption given to residents entering The Bahamas?
| | | | | | | | |
- correct answer -$500.00 - twice per year
| | | | | | |
If travelers' baggage does not arrive along with them, they must
| | | | | | | | | |
complete which form? - correct answer -C.18 - Unaccompanied
| | | | | | | | |
baggage declaration
| |
Goods imported into the Customs authority can also be entered
| | | | | | | | |
by? - correct answer -The Owner of the goods.
| | | | | | | | |
Name the form of a Customs Brokers Licence. - correct answer -
| | | | | | | | | | |
C.53
|
The Comptroller of Customs may suspend or revoke licences at any
| | | | | | | | | |
time. Give two (2) reasons why. - correct answer -(i) If the Broker
| | | | | | | | | | | | |
ceased to practice Customs Brokerage
| | | | |
(ii) If he/she does not conform to the conditions of the licence.
| | | | | | | | | | |
, P age | 3
| | | | |
Goods imported for personal use may be exempt from duties based
| | | | | | | | | |
on two (2) conditions. - correct answer -1. Where the goods are of a
| | | | | | | | | | | | | |
non-commercial nature within the limits of the duty free allowances.
| | | | | | | | | |
2. Where they are contained in the personal baggage of passengers
| | | | | | | | | |
or crew of any aircraft or vessel arriving from outside the Customs
| | | | | | | | | | | |
territory.
|
A cruise ship enters the Port of Prince George Dock with 2,500
| | | | | | | | | | |
passengers and 700 crew members. Kindly clear the vessel
| | | | | | | | |
inwards beginning with the name and colour of the flag. Give at least
| | | | | | | | | | | | |
six (6) forms needed. - correct answer -Quarantine Flag - Yellow
| | | | | | | | | | |
C.2 - Report Inwards of Vessels
| | | |
C.2A - Inward Report - Pleasure Vessel
| | | | | |
C.3 - Parcels List | |
C.4 - Vessel Passenger List
| | |
C.5 - Declaration of Consumables Stores on Board the Vessel
| | | | | | | |
C.6 - Declaration of Dutiable Goods in Possession of the Crew
| | | | | | | | |
Aircraft or Vessel
| | |
