BOC starts pilot run of raw materials liquidation system

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  • BOC starts pilot run of raw materials liquidation system
  • The Bureau of Customs’ raw materials liquidation system pilot implementation gets under way today (May 2) at the Port of Manila
  • All goods declarations for warehousing or warehousing single administrative documents lodged in BOC’s Electronic-to-Mobile System will go through the RMLS
  • RMLS is an automated system that determines the volume and value of raw materials exported and subject for liquidation

The Bureau of Customs (BOC) on May 2 began pilot implementation of the raw materials liquidation system (RMLS) at the Port of Manila.

The RMLS will be applied to all goods declarations for warehousing or warehousing single administrative documents (WSAD) lodged in BOC’s Electronic-to-Mobile (E2M) System, according to Office of the Commissioner Memo No. 56-2022 dated April 19.

Embodied under Customs Memorandum Order No. 34-2021, the RMLS is an automated system that determines the volume and value of raw materials exported and subject for liquidation. These include duties and taxes due on allowable residues/wastages/by-products and other portions of imported articles entered through warehousing but no longer usable for manufacturing articles to be exported.

The RMLS has been integrated with the Automated Inventory Management System (AIMS), also an automated system that customs bonded warehouse (CBW) operators should adopt as a tool to determine and monitor the stock inventory of bonded goods from the time these enter the CBW until the goods declaration covered by the warehousing single administrative document is liquidated.

READ: BOC issues rules on raw materials liquidation process

CMO 34-2021 applies to all WSADs lodged through the E2M system and processed using the Automated Bonds Management System (ABMS), which processes bond transactions and allows BOC to monitor and manage bond balances and flag those that have matured.

The RMLS will be implemented for all bonded goods where the general warehousing bond was processed under the ABMS with “Approved” status, and where the imported raw materials were cleared using goods declaration for warehousing with “Arrived” status in the E2M system.

To fully implement the RMLS, the AIMS will electronically transmit to the RMLS module the raw materials report (RMR) and the raw materials usage report (RMUR).

The RMR should include the entry report (WSAD); the withdrawal report that includes either withdrawal for production or withdrawal for consumption; and the finished product report.

The RMUR is commonly known as the statement of liquidation.

The RMLS, ABMS, and AIMS are part of BOC’s additions to the features of its E2M system as it further computerizes customs processes. – Roumina Pablo

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