Browsing Tag

Customs Modernization and Tariff Act

309 posts

Draft customs order sets new rules for movement of goods in free zones

The Department of Finance (DOF) and the Bureau of Customs (BOC) have issued the draft order that will implement new rules for the admission,…
  • February 27, 2017
  • 2 minute read

BOC introduces easy-to-follow info sheet for OFWs sending balikbayan boxes

The Bureau of Customs (BOC) has issued a revised information sheet with easier to follow instructions for overseas Filipino workers and Filipinos residing abroad…
  • February 27, 2017
  • 3 minute read

Customs Modernization and Tariff Act Series 8: Titles VIII, IX and X (Duty Exemption and Drawback; Post Clearance Audit)

Series 1, click here. Series 2, click here. Series 3, click here. Series 4, click here. Series 5, click here. Series 6, click here. Series 7, click…
  • February 20, 2017
  • 4 minute read

Proposed PH customs order details steps for disposing seized, forfeited goods

The latest draft order that implements provisions of the Philippine Customs Modernization and Tariff Act (CMTA) regarding disposal of certain cargoes has been released…
  • February 20, 2017
  • 2 minute read

Customs Modernization and Tariff Act Series 7: Titles VI and VII (Transit, Transshipment and Valuation)

Series 1, click here. Series 2, click here. Series 3, click here. Series 4, click here. Series 5, click here. Series 6, click here. Title VI of…
  • February 13, 2017
  • 4 minute read

Draft PH order mandates one-stop shop for processing relief goods

The Philippine Department of Finance (DOF) and Bureau of Customs (BOC) have released a draft order creating a one-stop shop (OSS) that will process…
  • February 13, 2017
  • 2 minute read

BOC eyes creation of maritime trading district in Manila

The Bureau of Customs is making a big push for the creation of the Port of Manila Maritime Trading District (PMTD), which the agency…
  • February 12, 2017
  • 2 minute read

Reorganization, modernization of facilities among BOC 2017 plans

The Philippine Bureau of Customs (BOC) has lined up several projects for 2017 designed to beef up workforce, improve systems, and modernize facilities and…
  • February 12, 2017
  • 2 minute read

P20M worth of fake iPhone units intercepted at Manila port

A shipment with P20 million worth of counterfeit iPhones and dry goods was recently uncovered at the Manila International Container Port by agents of…
  • February 7, 2017
  • 2 minute read

Customs Modernization and Tariff Act Series 6: Titles IV and V (Import and Export Clearance)

Series 1, click here. Series 2, click here. Series 3, click here. Series 4, click here. Series 5, click here Title IV of the Customs Modernization and…
  • February 7, 2017
  • 3 minute read

Rule on BOC exercise of police authority drafted

The Philippine Department of Finance (DOF) and Bureau of Customs (BOC) are seeking comments on the draft customs administrative order (CAO) that will implement…
  • February 7, 2017
  • 3 minute read

Proposed PH tax reform bill aims to remove ‘flaws’ in BIR, BOC to achieve revenue targets

The revised comprehensive Philippine tax reform bill proposes applying administrative reforms to revenue-generating agencies to raise more revenues for the government’s ambitious infrastructure program.…
  • January 31, 2017
  • 3 minute read

Customs Modernization and Tariff Act Series 5: Titles II and III (Customs in General)

  For Series 1, click here. For Series 2, click here. For Series 3, click here. For Series 4, click here. Title II of the Customs Modernization…
  • January 30, 2017
  • 3 minute read

Proposed BOC order sets new rules for VASP accreditation

The Philippine Department of Finance (DOF) and Bureau of Customs (BOC) have issued the draft customs administrative order (CAO) that revises the policy on…
  • January 30, 2017
  • 3 minute read

Customs order on tax, duty exemption of returning OFWs now in effect

The customs order implementing tax and duty exemption for importations by returning residents and overseas Filipino workers (OFWs) of their personal and household effects…
  • January 27, 2017
  • 3 minute read

BIR reminds importers, brokers to renew accreditation

The Philippine Bureau of Internal Revenue (BIR) has released the list of 204 importers and customs brokers that must renew their accreditation with the…
  • January 20, 2017
  • 2 minute read

PH trade department to haul steel bar importer to court

The Department of Trade and Industry (DTI) will file criminal and civil charges against the importer of a shipment of 20,000 metric tons (MT)…
  • January 13, 2017
  • 3 minute read

Draft PH customs order on export cargo clearance for public review

The draft customs administrative order (CAO) that implements provisions of the Philippine Customs Modernization and Tariff Act (CMTA) governing export cargo clearance and issuance…
  • January 8, 2017
  • 4 minute read

PH Customs & Trade Outlook for 2017

For this column, we will provide our outlook on 2017 customs and trade developments in the Philippines. Most of these changes will be from…
  • January 8, 2017
  • 3 minute read

BOC’s 2017 performance targets jacked up

The Philippine Bureau of Customs (BOC) has to meet higher performance targets this year amid a 2017 budget that is 45% bigger at P3.82…
  • January 8, 2017
  • 3 minute read