Home » Posts tagged with "Customs Modernization and Tariff Act"

Posts tagged with "Customs Modernization and Tariff Act"

BOC puts in place export cargo clearance rules

BOC puts in place export cargo clearance rules

Jun. 30 | Image by StockSnap from Pixabay  The Bureau of Customs (BOC) has issued a new order providing guidelines on export cargo clearance formalities and issuance of certificate of origin (CO) and proof of origin. Customs Administrative Order (CAO) No. 08-2020...

BOC collects almost P500M from post-clearance audits

BOC collects almost P500M from post-clearance audits

Jun. 20 | Image by mohamed Hassan from Pixabay The Bureau of Customs (BOC) Post Clearance Audit Group (PCAG) generated P487 million from audits of companies from January to June 5, 2020. Of the total, P19.756 million came from audit findings of five companies and...

BOC-Clark seizes marijuana worth P1.1M

BOC-Clark seizes marijuana worth P1.1M

Jun. 19 | The Bureau of Customs (BOC) Port of Clark has seized 966 grams of marijuana with an estimated value of P1.1 million discovered in a shipment from California in the US. The shipment, declared as “art-work fine” and arrived on June 9, 2020, was subjected...

BOC-NAIA seizes P9M worth of ecstasy

BOC-NAIA seizes P9M worth of ecstasy

Jun. 16 | The ecstasy tablets originated from the United Kingdom. Photo from the Bureau of Customs The Bureau of Customs-Port of NAIA seized 5,205 tablets in the DHL warehouse in Pasay City with an estimated street value of P9 million. The tablets were found concealed...

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 orders collection of 10% additional duty on imported fuel

BOC orders collection of 10% additional duty on imported fuel

May. 7 | The Bureau of Customs (BOC) has ordered the temporary modification of import duty rates on crude and refined petroleum products. The order is in keeping with Executive Order 113 series of 2020 signed by President Rodrigo Duterte on May 2 subjecting a...

PH fuel import duty temporarily raised by 10%

PH fuel import duty temporarily raised by 10%

May. 4 | President Rodrigo Duterte ordered a 10% increase in fuel import duty to help finance government programs addressing the coronavirus disease (COVID-19) outbreak. Under Executive Order 113 series of 2020, signed on May 2, a temporary additional 10% import...

Customs order tackles dispute settlement, valuation protest

Customs order tackles dispute settlement, valuation protest

Mar. 12 | The Bureau of Customs (BOC) has issued guidelines for dispute settlement and protest concerning customs issues such as valuation and tariff classification. Customs Administrative Order No. 02-2020, published on March 5 and which takes effect on April...

Consignees of foreign donations told to follow proper steps for swift release, tax exemption

Consignees of foreign donations told to follow proper steps for swift release, tax exemption

Mar. 12 | Infographic from BOC The Bureau of Customs (BOC) has clarified the role of consignees in procedures for the release of humanitarian aid and relief consignments to better facilitate international donations coming into the Philippines. As a rule, all importations...

BOC simplifies rules for disposing seized, abandoned and forfeited goods

BOC simplifies rules for disposing seized, abandoned and forfeited goods

Mar. 10 | The Bureau of Customs (BOC) has released new rules and procedures for all modes of disposition of seized, abandoned, and forfeited goods. Customs Administrative Order (CAO) No. 03-2020 aims to provide simplified and streamlined rules “for the speedy...