Abatement - refers to the reduction or diminution, in whole or in part, of duties and taxes where payment has not been made., Clearance - refers to the completion of customs and other government formalities necessary to allow goods to enter for consumption, warehousing, transit or transshipment, or to be exported or placed under another customs procedure., Customs Territory - refers to areas in the Philippines where customs and tariff laws may be enforced., Exportation - refers to the act, documentation, and process of bringing goods out of Philippine territory, Customs Office - refers to any customs administrative unit that is competent and authorized to perform all or any of the functions enumerated under customs and tariff laws., Assessment - refers to the process of determining the amount of duties and taxes and other charges due on imported and exported goods;, Bill of lading - refers to a transport document issued by shipping lines, carriers and international freight forwarders or non-vessel operating common carrier for water-borne freigh, Bureau - refers to the Bureau of Customs, Carrier - refers to the person transporting goods or in charge of or responsible for the operation of the means of transport such as airlines, shipping lines, freight forwarders, cargo consolidators, non-vessel operating common carriers and other international transport operators., Entry - refers to the act, documentation, and process of bringing imported goods into the customs territory, including goods coming from free zones,

CM9 Activity 2 (week1)

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