PHILIPPINE exporters can now use the green lane to expedite their export transactions under the selectivity system of the Bureau of Customs (BOC).
The activation of the green lane was announced by Nomie Gonzales, chief of Management Information System and Technology Group of the BOC, in a letter to the Export Development Council (EDC).

EDC had earlier requested the BOC to activate the green lane selectivity for exports, to eliminate the need to submit the printed export declaration-single administrative document (ED-SAD) along with other required documents to the export division or unit concerned, Senen Perlada, executive director of EDC, said in a letter.
The selectivity system will automatically instruct the exporter to pay the documentary stamp through an authorized agent bank then proceed to the loading of his cargoes, while those passing through the yellow lane will be subject to documentary check by customs.
Thorough examination and documentary check by the BOC will be implemented in the red lane channel, where shipments are subject to rigid processing procedures.
The green lane export selectivity measure was started as an initial step to the automation of the export procedure and its integration into the BOC electronic-to-mobile system in 2011.
Christopher Bolastig, chief of the BOC’s Risk Management Office, said that 70% of the total export entries were classified under green lane, 20% yellow lane and 10% red lane.
The classification of export entries on these lanes is based on the BOC’s risk management system, a combination of data elements in the single administrative document including risk factor, compliance rate and random selection. –– PHILEXPORT News and Features

Image courtesy of Stuart Miles /FreeDigitalPhotos.net

You May Also Like

PH exporters see bullish 2012 prospects

Notwithstanding the negative growth until November last year, Philippine exporters see a rosier 2012 as they start to penetrate emerging markets and as signs…

Customs revises stuffing inspection policy for PH exports

The Bureau of Customs (BOC) has issued an order that identifies export shipments where stuffing inspection must still be conducted. Customs Memorandum Order (CMO)…

PH intl’l air forwarders see 25% uptick in 2013 volume

Nippon Express tops the list once again International air freight forwarders operating in the Philippines saw volume of air cargo handled grow 25.06% to…

BOC surpasses Nov daily revenue goal by 7.6%

Revenues collected as of mid-November show that the Philippine Bureau of Customs (BOC) has exceeded by 7.6% its average daily target. Preliminary data from…