Rules of Origin Under the Various FTAs

In our column last August 27, 2007, we provided an update on the latest duty concessions under the ASEAN Free Trade Area (AFTA) and…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

CAO 3-2006-A: Implementation and Practical Issues

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…