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