Tuesday, May 18, 2021
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Across Borders

Across Borders

All About the PH Rice Tariffication Act

By March 5, Republic Act No. 11203 (Rice Tariffication Act) should have taken effect. In theory, the new law should reduce the local consumer...

New PH Rules on Customs Audit and Prior Disclosure

IT’s been more than 2 years since the passage of the Customs Modernization and Tariff Act (CMTA) and finally, the new rules on Post...

What Will You Buy? How Will You Source?

In recent years, digital commerce has grown tremendously and this has greatly affected how people conduct their trading transactions. We all have heard of...

The Trade Compliance Profession

Except for a brief stint in government, I have been in the trade compliance profession for more than 15 years. In all those years,...

Preparing for Customs Audit, Ensuring Trade Compliance

Our previous article discussed the expanded powers of the Bureau of Customs Post Clearance Audit Group (PCAG). This article will discuss how importers and...

Warning: Here Comes An Empowered Customs Audit Group

Malacañang has recently issued Executive Order (EO) No. 46 (dated October 20, 2017) entitled “Reviving the Post Clearance Audit Function of the Bureau of...

Import/Export Management: What You Need to Know (Part 2)

This is the last of a two-part column. For the first part, click here.   Study Incoterms 2010. International Commercial Terms (Incoterms) provides the international standard for...

Import/Export Management: What You Need to Know

(First of a two-part series.) The massive growth in international trade and the proliferation of regional and bilateral trading agreements have made international trade and...

5 Common Customs Mistakes of Importers

Unless you are buying a one-off low value item online, buying offshore for regular importers and for high-value goods is a complex affair. Ordering...

Supply Chain Management Series: Ethics in Purchasing and Supply-Part II

For Part 1 of 2-part series, click here.   Instances of Unethical Practices Misconduct or malpractice in the purchasing and supply process will relate to specific processes...