Sunday, September 19, 2021

Monthly Archives: July, 2007

CMO 18-2007: Practical Issues

LAST May, we wrote in our column about the planned Voluntary Disclosure Program (VDP) of the Bureau of Customs (BOC). The Department of Finance...

Customs Demand Letters – Part II

OF late, the Office of the Customs Commissioner (OCOM) has been issuing numerous letters demanding importers to settle deficiencies in taxes and duties for...

First VASP accreditation still awaited

THE accreditation of the first Bureau of Customs (BOC) value-added service provider (VASP) continues to hang with the service level undertaking (SLU) still unsigned...

PCCI seeks restudy of North Harbor privatization

A delay in the North Harbor privatization once again looms after the Philippine Chamber of Commerce and Industry (PCCI) declared it wants to rethink...

AISL airs views on transport cost

(The following was issued by the Association of International Shipping Lines following the release of a World Bank study on transport costs in Asia.) THE...

ICTSI subsidiary bags Subic container terminal

THE Subic Bay Metropolitan Authority (SBMA) will award the contract to manage and operate the Freeport's new container terminal to Subic Bay International Terminal...

BOC recommends 80% cut in container security fee

CUSTOMS Commissioner Napoleon Morales has recommended an 80% reduction in the container security fee (CSF) as proposed by the technical working group (TWG) which...

CMO 12-2007: New Basis for Customs Assessment

THE Bureau of Customs (BOC) recently issued Customs Memorandum Order (CMO) 12-2007 which provides new rules redefining the dutiable value of an imported article...
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