Overview 2025
, 6 Principles of WTO Valuation Agreement - CORRECT ANSWER 1. Transactional Value
on Price Actually Paid or Payable (PAPP)
2. Identical Goods
3. Similar Goods
4. Deductive Value
5. Computed Value
6. Fall Back Method
Alloted Times for Goods - CORRECT ANSWER Goods can remain in
Transit Sheds for 5 days excluding Sundays and Holidays
Customs Warehouses for 90 days
Bonded Warehouses -2 years
Amendment to Report - CORRECT ANSWER C.10 - Inward Report - Outward Manifest
The Customs authority shall not grant an application to amend a report, unless he/she is
satisfied that the goods:-
Were not shipped
Were discharged and loaded at a previous port
Were over-carried and landed at a subsequent port
Baggage Declaration - CORRECT ANSWER C.17 - Form must be completed for
accompanied Baggage
C-18- Form must be completed for Unaccompamied baggage
After 5 days all baggage unclaimed or uncleared are removed and sent to the Customs
Warehouse
BESW Bahamas Electronic Single Window - CORRECT ANSWER This is the System used
to complete clearance in or out for any individual or company within The Bahamas
C.1 Form Name - CORRECT ANSWER Attendance Request - An application for the
attendance of Customs Officers at any place where Customs Officers do not normally attend.
C.10 Form Name - CORRECT ANSWER Application to Amend* Inward Report - Outward
Report