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The Bureau of Customs generated P80.765 million from the public auction of overstaying containers in the first quarter
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The BOC disposed off a total 304 overstaying containers
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Of the total, 96 overstaying boxes were auctioned off, 38 were donated, and 170 were condemned
A total of 304 overstaying containers were disposed of by the Bureau of Customs, nearly a third via public auctions that produced an income of P80.765 million, the BOC said.
The additional revenue came from the auction of contents of 96 overstaying containers that contained such shipments as rice and galvanized steel, BOC said in a statement.
Thirty-eight overstaying containers of twine, yarn droppings, and cuttings, were donated to various agencies while 170 containers of used clothing, rotten foodstuff, used oil, and used furniture, among other items, were condemned.
BOC said the 304 overstaying containers were accumulated from January to March this year.
Overstaying containers are either seized or abandoned. Cargoes overstaying for more than 30 days from the date of discharge and not withdrawn on time will be tagged abandoned. Once abandonment is decreed final, BOC will determine the proper disposal of cargoes.
Under Section 1141 of Republic Act 10863, or the Customs Modernization and Tariff Act, goods for disposal may be donated, declared for official use by BOC, or sold in a public auction.
Goods suitable for shelter or consisting of foodstuff, clothing materials, or medicines may be donated to the Department of Social Welfare and Development.
BOC said the disposal of overstaying containers is “aimed at efficiently facilitating trade by eliminating port and yard congestion, ensuring the smooth flow of business within the agency.”
In 2021, BOC discarded a total of 2,407 overstaying containers and had collected P555.444 million in additional revenue from their auction.
