In our column last August 27, 2007, we provided an update on the latest duty concessions under the ASEAN Free Trade Area (AFTA) and…
October 22, 2007
4 minute read
Latest Customs and Trade Updates
IN our previous columns, we have provided some of the latest developments in the customs and international trade front. Below is a summary of…
September 10, 2007
4 minute read
FTAs: Tariff Reduction and Rules of Origin
IN addition to our regular updates on the ASEAN Free Trade Area (AFTA), we have also written several articles since last year on the…
August 27, 2007
4 minute read
CMO 18-2007: Practical Issues
LAST May, we wrote in our column about the planned Voluntary Disclosure Program (VDP) of the Bureau of Customs (BOC). The Department of Finance…
July 30, 2007
4 minute read
Customs Demand Letters – Part II
OF late, the Office of the Customs Commissioner (OCOM) has been issuing numerous letters demanding importers to settle deficiencies in taxes and duties for…
July 16, 2007
4 minute read
CMO 12-2007: New Basis for Customs Assessment
THE Bureau of Customs (BOC) recently issued Customs Memorandum Order (CMO) 12-2007 which provides new rules redefining the dutiable value of an imported article…
July 2, 2007
4 minute read
Temporary Imports and Admissions
PART of international trade and customs practices is the concept of Temporary Imports or Temporary Admissions, which are the general terms used to refer…
June 18, 2007
4 minute read
Conflicting PEZA Rules for Customs Brokers
The proposed amendments to RA 9280 (The Customs Brokers Act of 2004) are still pending in Congress, hopefully to be deliberated and passed by…
May 21, 2007
3 minute read
Customs Voluntary Disclosure Program (VDP)
THE draft rules on the customs Voluntary Disclosure Program (VDP) are reportedly being finalized and should be issued in the coming weeks. The VDP…
May 7, 2007
4 minute read
Customs Demand Letters
IN recent months, many importers have been receiving demand letters from the Liquidation and Billing Division (LBD) of the various ports for payment of…
March 12, 2007
4 minute read
Proposed Changes to RA 9280 and Their Implications
IN the coming months (or by next year), we expect possible amendments to RA 9280 either by way of the approval of the pending…
February 26, 2007
5 minute read
Resumption of Customs Audit
IN our last article, we mentioned that customs has appointed a new head for the Post Entry Audit Group (PEAG) and that, with the…
February 12, 2007
4 minute read
Customs Trends & Developments for 2007
WE have just started the year and a lot of people have been asking me for the latest trends and deve-lopments in the customs…
January 31, 2007
4 minute read
ASEAN & the Transport Industry
AT the opening of the 12th ASEAN summit, the ASEAN heads of states endorsed a proposal for the creation of an ASEAN Charter similar…
January 15, 2007
3 minute read
Procurement of 3PL Services
IN a previous article, we wrote on how companies are changing and how these changes impact on the logistics industry. For one, we observed…
December 4, 2006
3 minute read
Trends in the Logistics Sector
DURING the PortCalls Cargo Economics Conference held last Thursday, we made a brief presentation on Flash Points in the Logistics Industry: What to Watch…
November 20, 2006
4 minute read
Asycuda WORLD
LAST month, the Bureau of Customs (BoC) announced it will soon convert the customs automated system into AsycudaWORLD. The migration to the latest system…
October 23, 2006
3 minute read
Customs issues on AFTA Form
DIMPORTS or exports among member countries of ASEAN avail of special tariff rates under the ASEAN Free Trade Area-Common Effective Preferential Tariff (AFTA-CEPT). To…
September 25, 2006
4 minute read
Risks and Threats to World Trade
IN our article last August 14, 2006 (RP’s Bilateral and Regional Trade Agreements), we provided an update on the current state of play of…
AS written in last week’s article, CAO 3-2006-A seems to have addressed the immediate concerns of the freight forwarding industry even if industry leaders…