In what year was the Tariff and Customs Code of the Philippines enacted?

Study for the Tariff Law 2 – Tariff Commission Exam. Utilize flashcards and multiple choice questions, enhanced with hints and explanations. Prepare efficiently for your test!

Multiple Choice

In what year was the Tariff and Customs Code of the Philippines enacted?

Explanation:
This question tests your recall of when the Tariff and Customs Code was formally established. The Tariff and Customs Code of the Philippines was enacted in 1937, during the Commonwealth era, to unify and codify all tariff and customs laws into a single framework. It set out duties, classifications, and procedures for import and export and centralized administration under the Bureau of Customs, providing a consistent rule set that guided tariff policy for years. The other years reflect earlier statutes or later reforms, but they are not the year the code was enacted.

This question tests your recall of when the Tariff and Customs Code was formally established. The Tariff and Customs Code of the Philippines was enacted in 1937, during the Commonwealth era, to unify and codify all tariff and customs laws into a single framework. It set out duties, classifications, and procedures for import and export and centralized administration under the Bureau of Customs, providing a consistent rule set that guided tariff policy for years. The other years reflect earlier statutes or later reforms, but they are not the year the code was enacted.

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