BIR adopts same-day release for foreign transport carriers’ certificates

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ID-10060370Foreign air and sea carriers in the Philippines can now get their International Carrier’s Special Certificate (ICSC) and International General Carrier’s Certificate (IGCC) within the same day of filing, the Bureau of Internal Revenue (BIR) said.

In a statement, BIR announced that applications for the ICSC and IGCC should be submitted with all the required documents directly to the Office of the Commissioner of Internal Revenue (OCIR) on or before 2:00 p.m. to ensure their release on the same day.

“However, release on the same day will depend on the volume of applications received for that day. These applications are guaranteed to be released no later than the first hour of the following day,” BIR said.

Applications received after 2:00 p.m. will still be processed during the day.

BIR Commissioner Caesar R. Dulay on July 21 issued Revenue Memorandum Order (RMO) No. 43-2016, which amends Item II of RMO 29-94 dated April 14, 1994 that had delineated the revenue agency’s responsibility and provided guidelines for the issuance of the ICSC and the ICGC.

The amendment states that the OCIR “shall undertake the issuance of the ICSC (BIR Form No. ICC-3) and the ICGC (BIR Form No. ICC-4) after the clarification of payments of the two and one-half percent (2 l/2%) income tax on gross Philippine billings and the three percent (3%) carrier’s tax prior to the departure of the international carriers (shipping and airline).”

“The Commissioner or his duly authorized representative shall sign the above certificates to be submitted by international carriers to the Bureau of Customs,” RMO 43-2016 added.

Dulay said his administration is coming up with more issuances in the following days to cut red tape in line with the President Rodrigo Duterte’s call to fast track transactions in government service.

Earlier, BIR also issued two issuances that streamlines the requirements and process for issuing  tax clearance certificates and certificates authorizing registration covering the sale of real property, transfer or assignment of stocks not traded in the stock exchange, and transfer subject to donor’s tax, estate tax, and other taxes, including documentary stamp tax, related to the sale or transfer of properties. – Roumina Pablo

Image courtesy of Becris at FreeDigitalPhotos.net