HomeCustoms & Trade

Customs & Trade

News on customs and international trade

Customs & Trade

P4.5M smuggled ukay-ukay shipment confiscated in Cebu

July 23, 2021

A shipment of used clothing from Thailand worth an estimated P4.5 million was seized by the Bureau of Customs on July 15 in...

New rules on customs treatment of vessel stores take effect in Aug

July 22, 2021

The Bureau of Customs is set to implement an order which provides rules on the customs treatment of different types of stores for...

Ex-BOC staff facing jail time for falsifying public documents

July 22, 2021

A former Bureau of Customs employee was found guilty of 11 counts of falsifying public documents The case stemmed from false declarations and...

BIR defers 12% VAT on exporters’ local purchases

July 22, 2021

The Department of Finance is reviewing Bureau of Internal Revenue Revenue Regulations No. 9-2021, which imposes a 12% VAT on previously zero-rated indirect...

Book consolidates customs seizure, forfeiture rulings

July 21, 2021

The Bureau of Customs on July 19 launched its first comprehensive book on customs seizure and forfeiture proceedings The “Compendium on Customs Seizure...

P10M Chinese red onions seized at MICP

July 21, 2021

Red onions from China worth P10 million were seized by the Bureau of Customs at the Manila International Container Port on July 17 ...

PH cargo transport sector suffers from lack of competition—PCC study

July 19, 2021

The Philippine transport and logistics sector is highly concentrated with the cargo services sector lacking competition, a study found A Philippine Competition Commission...

BOC blocks smuggling of over P33M in foreign monies since 2020

July 19, 2021

The Bureau of Customs foiled attempts to smuggle into the Philippines P33.129 million worth of local and foreign currencies and other monetary instruments...