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Vocabulary Exercises. Reading Comprehension Questions




Reading Comprehension Questions

1. What authorities supervise warehousing?

2. What procedures should be followed if you want to store goods in a warehouse, or you want to remove goods from storage?

3. What is the first step of the placement procedure?

4. What does the type of declaration when removing goods from storage depend on?

5. What forms are required for the regular procedure?

6. Which simplified procedures do you know?

7. When is an incomplete declaration submitted?

8. When is a simplified declaration submitted?

9. Is it necessary to submit a declaration or take the goods to Customs when going through the home-clearance procedure?

10 The home-clearance procedure allows you to make declarations by updating your own records, doesn't it?

Find an appropriate word for each blank space in the text

1. P… exist in the Regulations for simplified procedures for declaration and presentation of goods at import, export, entry for free circulation, processing in warehouse and on transfer of goods between warehouses.

2. A d… is required for all goods intended to be placed under the customs warehousing procedure.

3. The goods must be entered in the stock records as soon as they are brought into the customs w….

4. All c… warehouse transactions are subject to Customs audit.

5. When a warehouse keeper intends to r… goods regularly on a temporary basis, the warehouse authorization may indicate approval for temporary removal of the goods.

6. Transfer of g… between warehouses is allowed subject to prior approval of the local Collector.

7. A bond is required to cover the risk associated with the s… of the goods.

8. Goods placed under the customs warehousing procedure may undergo the usual forms of h… necessary to ensure preservation, marketable quality, or to prepare them for distribution or resale.

9. A written a…, in duplicate, must be made by the warehouse keeper to the local Collector for authorization to remove the goods.

10. There are many documents involved in international trade, such as c… documents, financial documents, transport documents, insurance documents and other international trade related documents.

 

Complete each sentence using an appropriate form of the word in the italics

1. Where a liability to customs duty arise, the customs value is determine under the provisions of Council Regulation and Commission Regulation.

2. Where a deferred payment arrangement has been enter into, a periodic entry may be lodge not later than the last working day of the month in which the goods are deliver for free circulation

3. A declaration must be present in respect of goods being re-exported.

5. Evidence that the goods have leave the customs territory of the Community is to be keep at the disposal of Customs by the warehousekeeper.

7. Where an economic need exist and the operation can be supervise, Customs may allow processing to take place in a warehouse in accordance with the rules apply to the inward processing regime or to the processing under customs control regime.

8. Where the customs value is base on a price actually pay or payable which include the cost of the warehousing and of preserving goods while they remain in the warehouse, such costs need not be include in the customs value if they are show separately from the price actually pay or payable for the goods.

9. You may store goods there under customs procedures for an indefinite period.

10. The relief apply to goods import from non-EU countries which have been produce from previously export EU goods.

Match the terms and their meanings

1. customs warehouse (a) an essential part of a country's balance of payments account and are regarded as an important economic indicator of a country's performance.
2. Outward Processing Relief (b) an agreement providing a mutual system for Customs transportation between the EU Community and the EFTA countries (Norway, Switzerland, Liechtenstein, and Iceland)
3. trade statistics (c) a building, part of a building or site for which Customs has granted a warehouse authorization
4. Intrastat (d) a European wide system, based upon electronic declarations and processing. It is designed to provide better management and control of Community and Common Transit
5. The New Computerised Transit System (NCTS) (e) the system for collecting statistics on the trade in goods between the countries of the EU
6. transit (f) a method of obtaining relief from Customs duty. The relief applies to goods imported from non-EU countries which have been produced from previously exported EU goods
7. customs warehouse (g) submitting a declaration in the form of a commercial or administrative document when the normal procedure for declaring goods takes too much time
8. incomplete declaration (h) the country in which the article was manufactured or produced
9. simplified declaration (i) submitting an incomplete declaration if you do not have all the information required when you wish to submit the declaration
10. country of origin (j) any place approved by and under the supervision of the Customs authorities where goods may be stored under the prescribed conditions

 

Translate the text into English in writing

Статья 155. Виды таможенных режимов

1. В целях таможенного регулирования в отношении товаров устанавливаются следующие виды таможенных режимов:

1) основные таможенные режимы: выпуск для внутреннего потребления; экспорт; международный таможенный транзит;

2) экономические таможенные режимы: переработка на таможенной территории; переработка для внутреннего потребления; переработка вне таможенной территории; временный ввоз; таможенный склад; свободная таможенная зона (свободный склад);

3) завершающие таможенные режимы: реимпорт; реэкспорт; уничтожение; отказ в пользу государства;

4) специальные таможенные режимы: временный вывоз; беспошлинная торговля; перемещение припасов; иные специальные таможенные режимы.

2. Таможенные режимы устанавливаются Таможенным Кодексом. Таможенный режим свободной таможенной зоны (свободного склада) устанавливается в соответствии с законодательством Российской Федерации, регулирующим правоотношения по установлению и применению таможенного режима свободной таможенной зоны (свободного склада).

 

 





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