Home » Posts tagged with "Bureau of Customs (BOC)"

Posts tagged with "Bureau of Customs (BOC)"

BOC seizes dollars inserted in ‘Chinese cookbook recipes’

BOC seizes dollars inserted in ‘Chinese cookbook recipes’

Jun. 15 | ‘Chinese cookbook’ yields more than $50,000. Photo from the Bureau of Customs. The Bureau of Customs (BOC) Port of Clark seized US$54,215 bills (P2.7 million) found inserted between pages of various magazines that came in a shipment from Hong...

BOC to implement online system for payment of customs fees

BOC to implement online system for payment of customs fees

Jun. 14 | Image by Gerd Altmann from Pixabay The Bureau of Customs (BOC) is implementing an online payment system for the collection, transmittal, and remittance of Customs fees and other payments. BOC signed a memorandum of agreement with the Bureau of the Treasury...

BOC revenue target in 2020 cut by 26%

BOC revenue target in 2020 cut by 26%

Jun. 13 | Image courtesy of IceHawk33 at FreeDigitalPhotos.net The Bureau of Customs (BOC) revenue target for 2020 has been reduced by 26% to P541.703 billion from P731 billion, following adjusted government targets in response to the impact of the coronavirus...

Submission of hard copies for online entries until June 3

Submission of hard copies for online entries until June 3

Jun. 3 | Image by Clker-Free-Vector-Images from Pixabay The Bureau of Customs (BOC) will accept until today (June 3) hard copies and supporting documents for entries filed online during the period of enhanced community quarantine (ECQ), assistant commissioner...

BOC order sets process for handling abandoned imported goods

BOC order sets process for handling abandoned imported goods

Jan. 8 | Image by Michael Gaida from Pixabay The Bureau of Customs (BOC) has released the guidelines on the kinds, effects, and treatment of abandoned imported goods, whether the goods are for consumption, warehousing, or admission. Implementing relevant provisions...

BOC orders stringent observance of valuation, proper goods description

BOC orders stringent observance of valuation, proper goods description

Nov. 23 | Image by Michael Gaida from Pixabay Customs commissioner Rey Leonardo Guerrero instructed Bureau of Customs (BOC) officials and employees to comply strictly with the basis for valuation and with the sequential application of valuation methods under the...

Customs chief wants stringent review of certificates of origin

Customs chief wants stringent review of certificates of origin

Nov. 23 | Image by Gorkhs from Pixabay Customs commissioner Rey Leonardo Guerrero has instructed concerned customs officials and personnel to strictly review all certificates of origin (COs) to ensure shipments availing of preferential tariff are qualified. In...

Seized goods hit P13B in first 10 months—BOC

Seized goods hit P13B in first 10 months—BOC

Nov. 22 | The Bureau of Customs apprehended in early October 8 kilograms of methamphetamine hydrochloride with a street value of P54 million. Photo from the BOC. From January to October this year the Bureau of Customs (BOC) has confiscated some P12.92 billion worth...

Duterte suspends rice importation but won’t scrap tariffication

Duterte suspends rice importation but won’t scrap tariffication

Nov. 20 | Philippine President Rodrigo Duterte has ordered the temporary suspension of rice importation during the local harvest season as a way to protect Filipino farmers that have been affected by the Rice Tariffication Law. Duterte, in a press conference on...

BOC: NVVS value a ‘reference’, not replacement for transaction value

BOC: NVVS value a ‘reference’, not replacement for transaction value

Nov. 20 | Image courtesy of IndypendenZ  at FreeDigitalPhotos.net There is no order instructing customs appraisers to favor value in the National Value Verification System (NVVS) over the transaction value, according to an official of the Bureau of Customs (BOC). BOC...