Brief Background. The customs valuation system presently being implemented at the Bureau of Customs is the Transaction Value (TV) System, which is principally based…
WTO Agreement on Customs Valuation: An Introduction
The Latest
New safeguard investigations against Glass Imports
Preliminary Investigations on Glass Imports. Last month, the Department of Trade and Industry (DTI) initiated safeguard preliminary investigations against importations of Glass Mirrors and…
Customs brokerage: An integral part of International Logistics
Logistics and the Supply Chain. In the last decade, we have witnessed the growing impact of globalization on how companies conduct their business across…
New tariff classification system to be implemented by July 2003
New Development. The Philippine government has recently announced that it will finally adopt the ASEAN Harmonized Tariff Nomenclature (AHTN) by July of this year.…
International sales contracts: What importers, exporters should know
Risks in the Supply Chain. For companies engaged in domestic or international trade, a major concern is how to protect the company’s business interests…
Trading in the future: Zero Tariffs under AFTA
Just recently, the Philippines has been reported to express opposition on further plans for liberalization and regional integration under the ASEAN Free Trade Agreement…
RA 8752: Rule on Dumping of Imports
Dumping in General. In general, there is “dumping” when a company is importing goods at a price lower than the domestic price at the…
Risk Assessment of Customs Brokerage Operations
LAST February 21, 2003, we made a presentation at the Century Park Hotel before the National Assembly of the Chamber of Customs Brokers, Inc.…
Did You Know?
that the port of Valencia is the most important in Spain. The port authority has moved over 28 million tons in the year 2001…
