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Custom Modernization and Tariff Act 2016
Custom Modernization and Tariff Act 2016
Exercise No. 2
Instructions: Answer the following questions on the space provided below each number.
Refer to CMTA Sections 102,115-119.
Entry refers to the act, documentation and process of bringing imported goods into the customs
territory, including goods coming from free zones;
2. What is importation?
The bringing of goods or services into a country from abroad for sale.
Goods which are subject to regulation shall be imported or exported only after securing the
necessary goods declaration or export declaration, clearances, licenses, and any other
requirements, prior to importation or exportation. In case of importation, submission of
requirements after arrival of the goods but prior to release from customs custody shall be allowed
but only in cases provided for by governing laws or regulations.
Treatment of Importation IS an Imported goods shall be deemed “entered” in the Philippines for
consumption when the goods declaration is electronically lodged, together with any required
supporting documents, with the pertinent customs office.
Free Importation and Exportation is unless otherwise provided by law or regulation, all goods may be
freely imported into and exported from the Philippines without need for import and export permits,
clearances or licenses.
Regulated Importation and Exportation.— Goods which are subject to regulation shall be imported or
exported only after securing the necessary goods declaration or export declaration, clearances,
licenses, and any other requirements, prior to importation or exportation. In case of importation,
submission of requirements after arrival of the goods but prior to release from customs custody shall
be allowed but only in cases provided for by governing laws or regulations.
7. Enumerate at least 6 importations/products that are prohibited under the CMTA.