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Posts tagged with "Tariff Commission"

DTI imposes safeguard duty on cement

DTI imposes safeguard duty on cement

Sep. 8 | Image by LEEROY Agency from Pixabay The Department of Trade and Industry (DTI), upon recommended by the Tariff Commission (TC), has ordered a definitive safeguard duty on imported cement for three years. For the initial year of implementation, the definitive...

EO extends to 3 years zero duty on imports of capital equipment, spare parts

EO extends to 3 years zero duty on imports of capital equipment, spare parts

Jul. 28 | Image by LoggaWiggler from Pixabay President Rodrigo Duterte on July 19 signed Executive Order (EO) No. 85, series of 2019, which extended for three years the application of zero-rate duty on importations of Board of Investments (BOI)-registered new...

DOF working on harmonizing commodity codes

DOF working on harmonizing commodity codes

Sep. 12 | Starting this month,the Philippine Department of Finance (DOF) will work with various trade regulatory government agencies (TRGAs) in a series of tariff harmonization and classification workshops to gather the base data needed to run TradeNet.gov.ph,...

PH trade repository seen to improve ease of trading for MSMEs

PH trade repository seen to improve ease of trading for MSMEs

Aug. 6 | The Philippine National Trade Repository (PNTR), a web-based portal that provides a single source of comprehensive, accurate, and updated trade information, was launched on August 1. Its establishment is an important component of the government’s trade...

Customs Modernization and Tariff Act Series 11: Titles XVI (Tariff Administration and Nomenclature)

Customs Modernization and Tariff Act Series 11: Titles XVI (Tariff Administration and Nomenclature)

Mar. 15 | Series 1, click here. Series 2, click here. Series 3, click here. Series 4, click here. Series 5, click here. Series 6, click here. Series 7, click here. Series 8, click here. Series 9, click here. Series 10, click here.   This is the 11th and...

PH Customs order on advance ruling takes effect Nov 15

PH Customs order on advance ruling takes effect Nov 15

Nov. 9 | The customs administrative order (CAO) implementing a new advance ruling system for valuation and rules of origin (RO) in the Philippines will take effect on November 15. CAO 03-2016, which was signed and approved last month, covers the establishment...

PH safeguard duties on steel angle bars extended until 2019

PH safeguard duties on steel angle bars extended until 2019

Aug. 26 | The Bureau of Customs (BOC) will collect additional safeguard duties on imports of steel angle bars, following a four-year extension of the measure granted by the Department of Trade and Industry (DTI). Under Customs Memorandum Order (CMO) No. 26-2015,...

BOC requires fewer hard copies for consumption entries

BOC requires fewer hard copies for consumption entries

Jul. 27 | The Bureau of Customs’ (BOC) paperless drive will gain further traction with a plan to soon reduce the number of hard copies required in the submission of consumption entries, from the current seven copies to three. “By September 1 you only have to...

Tariff Commission to get online copies of BOC entries

Tariff Commission to get online copies of BOC entries

Jul. 17 | The Bureau of Customs (BOC) and the Tariff Commission (TC) have signed a landmark deal allowing electronic information exchange between the two agencies, a move seen to enhance BOC transparency and efficiency while lessening cost for shippers. Customs...

DOF taps tariff classification experts to help Customs

DOF taps tariff classification experts to help Customs

Jan. 8 | CLASSIFICATION experts from the Philippine Tariff Commission will be detailed at the Bureau of Customs (BOC) to help the agency classify dutiable imports as it tries to plug revenue leakages and improve its collections. The secondment of the classification...