All once-a-year importations in the Philippines are now subject to 100% physical examination by the Bureau of Customs (BOC).

In a memorandum dated August 15 and signed August 16, Customs Commissioner Isidro Lapeña said the directive is “to protect the integrity of the once-a-year importation scheme,” which is formerly called first and last importation scheme.

The 100% physical examination of once-a-year importations is in addition to provisions set forth in Customs Memorandum Order (CMO) No. 44-2009, which provides the rules for the registration of once-a-year importers to BOC’s Client Profile Registration System (CPRS).

Under CMO 44-2009, a once-a-year importer is an individual, company, corporation, or partnership which has a single shipment covered by one bill of lading and one import entry declaration. The registration of a once-a-year importer is limited to only one importation for the period of 365 days from the date of approval of the district collector.

Once-a-year importations may be processed under formal entry (consumption) or informal entry declaration, whichever is appropriate.

You May Also Like

IPC tapped to operate Indonesia’s New Tanjung Priok port

State-owned port operator Indonesia Port Corporation (IPC) has acquired the concession right to operate the New Tanjung Priok port, which will rise in Kalibaru,…

Joint foreign chambers, SEIPI urge dialogue to resolve traffic issue

Manila’s expanded truck ban policy may cause more serious damage to the economy when the volume of trucks using the city’s ports picks up…

WTO’s TFA to accelerate enhanced PH customs efficiency—DTI 

The ratification of the World Trade Organization’s Trade Facilitation Agreement (WTO TFA) will fast track customs processing in the Philippines, leading to a host…

Hactl announces tonnage throughput for Q3 2012

A strong September 2012 result for Hong Kong Air Cargo Terminals Limited (Hactl) – the major air cargo handler at the world’s largest air…