Topic 1 - CTS

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Cards (12)

Cargo Manifest 
Detailed list of cargo on board a vessel or aircraft. It also refers to both Inward and Outward Foreign Manifests
Carrier 
Juridical entities responsible for the transport of goods
Consolidated Cargo Manifest 
A true and accurate manifest, of all the individual shipments. Submitted as a rider to the IFM.
Freight Forwarder 
A local entity that acts as a cargo intermediary and facilitates transport of goods on behalf of its client
Non-Vessel Operating Common Carrier (NVOCC) 
An entity which does not own or operate a vessel that provides a point-to-point service
Value Added Service Provider (VASP) 
Entities accredited by Bureau to facilitate electronic transactions with Customs ICT system
Master Bill of Lading 
An ocean bill of lading issued by carrier to freight forwarder/NVOCC
House Bill of Lading 
A bill of lading issued by freight forwarder/NVOCC to the shippers
Cargo Targeting System (CTS) 
A cargo manifest risk assessment solution developed by the World Customs Organization (WCO) to enable its members to carry out international best practice on cargo risk assessment to manage risk and facilitate trade
Submission Time of Advance Cargo Manifest
1. Sea Freight Carrier: At least 24 hours before the arrival of the carrier
2. Air Freight Carrier: At least 1 hour before the arrival of the aircraft if the origin is in ASIA and at least 4 hours before the arrival of the aircraft if the origin is OTHER THAN ASIA
Monitoring of Cargo Targeting System 
The Deputy Commissioner, Intelligence Group shall monitor the compliance of this order by the shipping lines, airlines, and forwarders
The CTS is important because it enhances security and efficiency in international trade. By requiring advance submission of detailed cargo information, CTS helps customs authorities assess risks associated with shipments before they arrive. This system facilitates faster clearance of low-risk shipments and better detection and interception of high-risk ones.