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Posts tagged with "Customs Modernization and Tariff Act"

Customs brokers seek clarity over confusing goods declaration lodgement period

Customs brokers seek clarity over confusing goods declaration lodgement period

Feb. 24 | The Chamber of Customs Brokers, Inc. (CCBI) is asking the Department of Finance (DOF) to clear up conflicting Bureau of Customs (BOC) orders regarding the period of lodgement of goods declaration. In a letter to Finance Secretary Carlos Dominguez III...

BOC-MICP to dispose of ASF-positive food items

BOC-MICP to dispose of ASF-positive food items

Jan. 27 | The Bureau of Customs–Manila International Container Port (MICP) will bury contents of a container after it was tested positive for the African Swine Fever (ASF) virus. The container, consigned to Dynamic M Intl Trading Inc arrived at the Manila North...

7 House bills push for CMTA amendment

7 House bills push for CMTA amendment

Jan. 23 | Seven bills have been filed in the House of Representatives (HOR), six of which seek to amend certain sections of the Customs Modernization and Tariff Act (CMTA) to support the improvement and modernization of the Bureau of Customs’ (BOC) processes,...

BOC: Foreign donations subject to customs duties

BOC: Foreign donations subject to customs duties

Dec. 20 | Image from Pixabay. The Bureau of Customs (BOC) clarified that international donations are still subject to payment of customs duties and taxes and required to undergo the normal procedures for processing of imports. BOC, in a statement, advised the public...

Draft Customs order on provisional goods declaration out

Draft Customs order on provisional goods declaration out

Dec. 9 | Image from Pixabay. The Bureau of Customs (BOC) has released the draft customs memorandum order (CMO) providing guidelines for the lodging and processing of provisional goods declaration under its formal entry system. Stakeholders have until December...

BOC bares rules on compulsory acquisition of undervalued imports

BOC bares rules on compulsory acquisition of undervalued imports

Dec. 7 | Image from Pixabay. The Bureau of Customs (BOC) has issued rules on the Philippine government’s right to acquire undervalued imported goods. Customs Administrative Order (CAO) No. 16-2019, signed by Finance Secretary Carlos Dominguez III on October...

BOC launches AEO program for 2020 implementation

BOC launches AEO program for 2020 implementation

Dec. 3 | The Bureau of Customs on Dec 2 launched the Philippine Authorized Economic Operator Program. At the launch and unveiling of the logo were (L to R): Asian Development Bank trade specialist Taro Sekiguchi, Customs commissioner Rey Leonardo Guerrero, Department...

Binondo mall yields P70M smuggled goods

Binondo mall yields P70M smuggled goods

Nov. 29 | Smuggled goods worth more or less P70 million and kept inside the storage units of a shopping mall in Binondo, Manila have been seized by combined government operatives. The goods, likely fake products, were uncovered on November 26, 2019 by joint elements...

BOC orders strict observance of valuation, proper goods description

BOC orders strict observance of valuation, proper goods description

Nov. 25 | Image 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 Modernization...

BOC seizes shabu worth P40.8M at NAIA

BOC seizes shabu worth P40.8M at NAIA

Nov. 8 | Photo from the Bureau of Customs. The Bureau of Customs (BOC) has apprehended a passenger at Ninoy Aquino International Airport (NAIA) for attempting to smuggle into the country six kilograms of methamphetamine hydrochloride, locally known as shabu, with...