Draft PH customs order hikes tax exemption for balikbayan boxes
A draft customs administrative order (CAO) governing the consolidated shipment of duty- and tax-free balikbayan boxes (personal effects from overseas Filipino workers) and increasing their…
New PH Customs order implements advance ruling system
The customs order that establishes an advance ruling system for valuation and rules of origin (RO) concerning import and export merchandise in the Philippines…
This is the last part of a four-part article outlining the major problems confronting the Philippine Bureau of Customs; the previous efforts to reform…
October 17, 2016
3 minute read
The Need for Responsive Regulations
For the past few months, SCMAP has been taking part in the Modernizing Government Regulations Program, led by the Development Academy of the Philippines…
Draft order sets up rules on establishment of customs bonded warehouses in PH
The recently released draft rules governing customs bonded warehouses (CBWs) and customs facilities and warehouses (CFWs) in the Philippines create clearer regulations on their establishment…
This is the third part of a four-part article outlining the major problems confronting the Philippine Bureau of Customs; the previous efforts to reform and…
Draft order on PH Customs post-clearance audit out
The preliminary version of the customs administrative order (CAO) enabling the Philippine Bureau of Customs (BOC) to perform post-clearance audit as stipulated under the…
WCO chief: BOC needs to combine clear vision with IT to raise efficiency
The World Customs Organization (WCO) underscores the need for the Philippine Bureau of Customs (BOC) to adopt a strategic vision, supported by the use…
This is a four-part article outlining the major problems confronting the Philippine Bureau of Customs; the previous efforts to reform and modernize the agency;…
Don’t rule out customs brokers yet, says industry expert
Although the engagement of their services will eventually become optional, customs brokers will continue to process shipments in the Philippines if the current Bureau…
Complicated PH clearance processes to warrant use of customs brokers by multinationals
Multinational companies will likely continue to engage the services of customs brokers even if these become optional two years after implementation of the Customs…
Proposed memo establishes protocol for issuing alert orders in PH
The draft customs administrative order (CAO) that operationalizes how alert orders are to be issued and processed in the Philippines has been released by…
Draft order activating PH advance ruling system for I/E goods issued
The draft administrative order operationalizing provisions on advance rulings under the Philippine Customs Modernization and Tariff Act (CMTA) has been released for stakeholders’ review.…
Draft memo aims to set in motion new PH de minimis rule
A draft Customs Administrative Order (CAO) that operationalizes the de minimis rule under the Customs Modernization and Tariff Act (CMTA) has been released by…
BIR, BOC reforms to offset P174B revenue loss from tax cuts
The Philippine Department of Finance (DOF) plans to institute reforms at its two attached revenue-generating agencies to compensate for the expected lower revenues from…
The Philippine Bureau of Customs (BOC) needs about P5.21 billion over three years beginning 2017 to modernize its technology environment as decreed by the…
Court case hamstrings implementation of CMTA provision on automation
While the new Customs Modernization and Tariff Act (CMTA) has mandated automation at the Bureau of Customs (BOC), this may not see immediate implementation…
