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

PH investment coordinating body approves P57.5B infra projects

The Philippine Investment Coordination Committee (ICC)-Cabinet Committee has approved six new big-ticket projects worth a combined P57.494 billion that are meant to, among others,…

PPA contract to draft feasibility studies for regional ports awarded

The Philippine Ports Authority (PPA) has awarded the joint venture of Science and Vision for Technology, Inc. (SVTI) and SyConsult, Inc. the contract for…

BOC collection up 7% in August

The Bureau of Customs (BOC) collected P55.744 billion in August 2019, 7.2% more than the P52.012 billion earned in the same period last year,…

Indonesia mulls new deepwater port in West Kalimantan

Establishing a deepwater port in Kijing in West Kalimantan, Indonesia, will bolster the area’s connectivity with the principal intra-Asia network and propel Kalimantan’s development,…