CUSTOMS BROKERAGE STUDY QUESTIONS ANSWERED CORRECTLY LATEST UPDATE 2026

CUSTOMS BROKERAGE STUDY QUESTIONS ANSWERED CORRECTLY LATEST UPDATE 2026 What are the general authority and powers of the Comptroller Of Customs - Answers General management and administration of the Customs Authority Compounding of offenses Prescribe rules for designated Customs controlled areas Exercise powers and perform the duties of the Minister under CMA What does EPA stand for? And what does the EPA do for Bahamian trade? - Answers Economic Partnership Agreement EPA creates a Free Trade Agreement between the EU and the African, Caribbean and Pacific Group of States aka ACP. Name 5 things WCO are responsible for - Answers 1)Data collection 2)Discussion of good practices 3)International Agreement Negotiations 4) Harmonised trade, policy and practices amongst member countries 5) Exchange of information and experience Name 3 things the WTO are responsible for? - Answers 1) Regulation of goods and services and intellectual property 2) Enforces participants to agree to the agreements signed by each participating member government. 3) Frameworks negotiating trade agreements and dispute resolution. Name 6 Customs Areas - Answers (a) places of loading and unloading within ports and airports; (b) boarding stations; (d) transit sheds; (e) sufferance wharves; (f) places for the landing and embarkation of persons; (g) places for the examination of goods (including baggage). Name the powers of a Customs Officer - Answers Powers to patrol and surveillance of property(no private dwelling) Board, search and detain any means of transport Fire on a vessel Question persons within 72 hours of arrival Audit or examination of business records Search warrants given to Officers at Grade 1 level or above Name the goods subjected to Customs Control - Answers (b) all goods under drawback from the time of the claim for drawback until exportation; (c) all goods subject to export duty or to any restriction on exportation from the time when the goods are brought to any port or place for exportation until exportation; (d) all goods which are stored in a customs area pending exportation; (e) all goods on board any aircraft or vessel while within any port or place in The Bahamas. (a) all imported goods, including goods imported through the Post Office, from the time of importation until delivery for home consumption or until exportation whichever first happens; What should happen the means of transport is compelled by accident? - Answers Forthwith report to a Customs Officer or Police Officer Shall not offload any goods without Customs consent Comply with any instructions given by the Customs Officer in relation to crew, passenger, etc. What documents are needed to clear a pleasure vessel? - Answers Maritime Health Declaration Clearance Of Last Port C.2 - Report Inwards of Vessel C.2A - Inward Report of Pleasure Vessel C.3 - Parcels List C.4 - Vessel Passenger List C.5 - Declaration Of Consumable Stores On Board The Vessel C.6 - Declaration Of Dutable Goods In The Possession Of The Crew Of An Aircraft Or Vessel What documents are needed to clear a cargo vessel? - Answers Maritime Health Declaration Clearance Of Last Port C.2 - Inwards Report of Vessel C.3 - Parcels List Cargo Manifest C.5 - Declaration Of Consumable Stores On Board The Vessel C.6 - Declaration Of Dutable Goods In The Possession Of The Crew Of An Aircraft Or Vessel What documents are needed to clear a report of aircraft - Answers C.7 - Inward Report C.7A- Inward Report for Private Aircraft, not carrying cargo, operating for pleasure C.8 - Cargo Manifest C.9 - List of Passengers Disembarkation C.5A - List of Stores on Board C.6 - Declaration of All Dutiable Goods in possession of the crew. What document is used to amend a BOL or manifest? - Answers C-10 What does TRIPS mean? What does the TRIPS agreement do? - Answers The Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) is an international legal agreement between all the member nations of the World Trade Organization (WTO). It sets down minimum regulating standards for intellectual property. What are the rules for Baggage Declaration according to the CMA? - Answers Subject to exemptions, as may prescribed, every person who disembarks from a means of transport shall:- • Make his accompanying baggage ready for Customs examination • Comply with any Customs directions relating to the movement of the baggage within the Customs place. Every person shall on entering The Bahamas make a declaration to the Customs authority of his baggage on Form C.17 All persons shall:- a) Pay to the Customs authority any duty that is due. All baggage unclaimed or unclear after five (5) working days shall:- a) Be removed by the master or his agent and sent to the Customs Warehouse Why was a new CMA introduced to The Bahamas - Answers To meet EPA obligations Align trade rules with the WTO Comply with WCO standards and instruments What is the purpose of Best Customs Practices - Answers Re-enforce the role and capacity of the Bahamas Customs Department to achieve its strategic objectives. What are the 4 ways goods shall be entered? - Answers 1) C-13- Home Consumption Entry 2) C-41- Temporary Importation 3) C-35- Transshipment Entry 4) Warehousing in a Boned Warehouse What reasons would the Comptroller suspend or revoke your license? - Answers a) A term or condition or restriction specified in the licence have been contravened b) The licencee ceases to act as a Customs Broker c) The Comptroller considers that the licencee is no longer a fit and proper person to hold a licence and to operate as a Customs Broker d) A Customs Broker who is dissatisfied with the decision of the Comptroller may, within fifteen (15) working days after the date of which the notice is given, appeal to the Customs Appeal Commission. Name two (2) places the Minister designates as Custom Places. - Answers Customs Ports and Customs Airport Give the name and color of the flag that is flown when ships enter The Bahamas. - Answers Quarantine Flag. Quarantine Flag is Yellow Give the name of the form that is given to the Customs authority to determine the health conditions of persons on board the vessel. - Answers Maritime Declaration Of Health Give the name and number of the form that confirms the last foreign port the ship arrives from. - Answers C-36 Goods imported for personal use may be exempt from duties based on two (2) conditions. What are those 2 conditions? - Answers 1)They are contained in the personal baggage of the passengers or crew of an aircraft or vessel arriving from a point outside of the Customs territory 2) If they are not of a commercial nature, within duty free allowance Name 3 reasons why the Minister may raise trade taxes - Answers 1)Serious industrial injury to the Bahamas 2) Socioeconomical disturbance 3) Disturbances in the markers of like or directly competitive agriculture products Which Customs Form is responsible for compounding of offences? - Answers C-52 What is the penalty for falsifying declaration/ false entry - Answers General penalty is 5000 dollars Maximum is 10,000 or 3 years in prison or both What time period is given to those who want to appeal after a decision is made? - Answers 15 working days after Customs Authority's decision was made, appeal can be relayed to the Comptroller 15 working days after Comptroller makes a decision that you are dissatisfied with, you can appeal to the Customs Appeal Commission If not satisfied, appeal to the Supreme Court. What are 3 levels of appeal against Customs Rulings and Appeal? - Answers 1) The Comptroller Of Bahamas Customs 2) Customs Appeal Commission 3) Supreme Court What time period can seized goods be sold if not claimed? - Answers 1 month Who designates Free Zones and how? - Answers The Government may designate, by Act of Parliament, parts of the territory of The Bahamas, as Free Zones Which rate is applied when removing goods from a Customs area/territory? - Answers Rate applied should be those at the time of removal of the goods, and not the time it was imported or the time the broker prepared the entry. What is a prohibited good? - Answers These are goods that are unlawful to import into the Customs territory Name examples of a prohibited good? - Answers Illegal drugs Underwater gun that is not a Hawaiian sling Goods infringing Intellectual Property Rights Any article which bear a design of imitation of any currency or bank note or coin in current use in The Bahamas What is a restricted good? - Answers a restricted good is a good that is only allowed to enter or exit Bahamas Customs territory only in certain circumstances or under certain conditions Name examples of a restricted good? - Answers Tobacco Rum Fire Crackers Which agreement protects Bahamas Customs against pirated and counterfeit goods? - Answers Trips Agreement When can Bahamas Customs take action against goods suspected of infringing Intellectual Property Rights? - Answers a)When they are imported into the Customs territory b) When they are exported or re-exported from the Customs territory c) When they are entered into a bonded warehouse d) When they are entered for temporary admission into the Customs territory e) When they are in transit. Name the 3 types of goods that infringe on intellectual property - Answers Counterfeit goods Pirated goods Goods not belonging of Right Holder What is a counterfeit good? - Answers Counterfeit goods are fake items deliberately made to look genuine Give examples of a counterfeit good - Answers Clothing Perfume/Cologne Designer bags Designer Watches What is a pirated good? - Answers Goods which are or contain copies made without the permission of the copyright holder Give an example of pirated goods - Answers Music Software Movies What is the Tariff Schedule? - Answers A printed list of duties and taxes levied upon goods imported in the country What is the Harmonized System - Answers The HS is an international nomenclature of a standardized system of name and numbers used for classification Name 3 reasons what tariff is used for? - Answers Generate revenue for the Government Protect domestic businesses Assist in industrial growth in the country How many sections are in the HS? - Answers 21 How many chapters are in the HS? - Answers 97 Name 3 reasons why the HS was established? - Answers Facilitate international trade Facilitate collection, comparison and analysis of international trade Standardizing of trade documentation and data transmission What does 981A.0010 exempt? - Answers residents who have been absent for a period not less than two consecutive years What are the prerequisites for an importer for their shipment to be applicable under 981A.0010? - Answers Importer/applicant could be retired " " must have had full employment of some sort in the period of absence " " enrolled in tertiary education full time in the course of study What could an applicant of 981A.0010 import under the exemption? - Answers Household effects Books Articles of Personal adornment Clothing articles Toiletries Articles not intended to sell or purpose for any business One vehicle valued up to 30,000 Goods must value under 10,000 What are the General Rules Of Interpretation? - Answers .The rules governs the classification of goods under the Harmonized Commodity Description and Coding System (HS) The two asterisk that appears in the Tariff next to some Tariff codes advises what? - Answers The heading has an Excise tax and is to view the Excise Schedule to apply the proper tax Which organization developed the Harmonized System? - Answers The WCO Which organization The Bahamas only has observatory status with? - Answers WTO Name the 6 WTO Valuation Agreement Steps - Answers Transactional Value of Price Actually Paid/ Payable Identical Value Similar Value Deductive Value Computed Value Fall Back Method What is Coasting Trade? - Answers The carriage of goods by sea or air from one part of Customs territory to another Under which requisites can an importer be applicable for a refund? - Answers If the items have been damaged, destroyed, or lost, or have diminished in value or condition prior to their release from Customs control