Sunday, January 24, 2021
Tags Customs Modernization and Tariff Act

Tag: Customs Modernization and Tariff Act

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

The Bureau of Customs (BOC) has clarified the role of consignees in procedures for the release of humanitarian aid and relief consignments to better...

BOC simplifies rules for disposing seized, abandoned and forfeited goods

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...

Rules on customs fines for goods declaration errors outlined

The Bureau of Customs (BOC) has issued new fines and surcharges for clerical errors, misdeclaration, misclassification, and undervaluation. Customs Administrative Order (CAO) No. 01-2020 covers...

Convene CMTA oversight body to check issuances, CCBI urges Congress

The Chamber of Customs Brokers, Inc. (CCBI) is requesting Congress to convene the Congressional Customs and Tariff Oversight Committee (COCTOC) to review Bureau of...

Customs brokers seek clarity over confusing goods declaration lodgement period

The Chamber of Customs Brokers, Inc. (CCBI) is asking the Department of Finance (DOF) to clear up conflicting Bureau of Customs (BOC) orders regarding...

BOC-MICP to dispose of ASF-positive food items

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...

7 House bills push for CMTA amendment

Seven bills have been filed in the House of Representatives (HOR), six of which seek to amend certain sections of the Customs Modernization and...

BOC: Foreign donations subject to customs duties

The Bureau of Customs (BOC) clarified that international donations are still subject to payment of customs duties and taxes and required to undergo the...

Draft Customs order on provisional goods declaration out

The Bureau of Customs (BOC) has released the draft customs memorandum order (CMO) providing guidelines for the lodging and processing of provisional goods declaration...

BOC bares rules on compulsory acquisition of undervalued imports

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...

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