THE Philippine Economic Zone Authority (PEZA) and freeport zones are gearing toward the adoption of the automated export declaration system (AEDS) following the latter’s recent implementation in territories under the jurisdiction of the Bureau of Customs (BOC).

Under the AEDS, only exporters, customs brokers and forwarders registered under the BOC’s Client Profile Registration System may electronically lodge export declarations through a value-added service provider (VASP).

The system currently running in customs territories is on parallel manual run although the BOC is looking at fully migrating to the automated version by September 1.

Through VASPs, PEZA will test pilot the new AEDS with some locators and ecozones. Still being worked out are guidelines including those on the PEZA export shipment transfer fee.

You May Also Like

Subic Bay Freeport reports robust revenue growth for Jan-Apr

The Subic Bay Metropolitan Authority (SBMA) continues to generate positive revenue figures this year, the bulk of which was contributed by port operations. The…

PH 2017 Investment Priorities Plan for submission by yearend

Infrastructure and logistics is among the investment areas proposed for inclusion in the 2017 Investment Priorities Plan (IPP), the government’s rolling three-year plan to…

Over half of BIMP-EAGA infra projects located in PH

The Philippines will undertake 52.7% of the US$23 billion worth of priority infrastructure projects detailed in the eight-year master plan on strengthening connectivity within…

NAIA Terminal 3 fully operational by 3Q 2013

THE Ninoy Aquino International Terminal 3 is expected to be fully operational by the third quarter of 2014 after the Philippine government and Takenaka…