Home » Breaking News, Customs & Trade » Administrative order on PH Brokers’ Act out in 3 months

THE Customs Administrative Order (CAO) for Philippine Republic Act 9853 (amended version of RA 9280 or the Customs Brokers’ Act) will undergo review but is expected to be implemented within the first 100 days of office of newly installed Customs commissioner Rozzano Rufino Biazon.

Biazon said he will hold talks with different brokers’ organization on the CAO. But for now “what was approved by the previous administration stays as I have not made any move to recall the CAO,” Biazon said.

“I have not put any specific timeline for implementation of the CAO but I am targeting it will be imposed in my first 100 days in office.”

The CAO streamlines procedures of accreditation for individual brokers, corporations and general professional partnerships. It reduces the number of documentary requirements for accreditation from the earlier 12 to only 5.

Under the CAO, individual brokers are allowed to seek accreditation from the BOC as long as they have continuing professional education units. The financial statement required of brokers in an earlier CAO, has been eliminated.

Corporations and brokerage houses may secure BOC accreditation but will have to engage services of a customs broker to sign entries.

 

Malacanang Photo Bureau 

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