New PH Customs order raises de minimis threshold to P10K from P10

Goods imported into the Philippines with de minimis value of P10,000 and below are no longer subject to duties and taxes based on a…

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…

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.…

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…

Weekly consults on Customs Modernization Act IRR starts Aug 25

Fourteen priority provisions under the Customs Modernization and Tariff Act (CMTA) have been selected by the Philippine Department of Finance (DOF) and its attached…

BOC commissioner’s office takes over tax credit, refund applications

All tax credit or tax refund applications with the Philippine Bureau of Customs (BOC) will now be coursed through the Office of the Commissioner…

Anti-red tape team to bring transparency, better service to PH agencies

The Department of Finance (DOF) has created an Anti-Red Tape Team chaired by Undersecretary Gil Beltran, in line with Philippine President Rodrigo Duterte’s first…

DOF recalls officials detailed to BOC

The Philippine Department of Finance (DOF) has recalled the detail of several customs officials assigned to the customs agency in the past few years…

Incoming PH administration to finalize IRR for Customs Modernization and Tariff Act

Outgoing Philippine Finance Secretary Cesar Purisima has said the incoming administration will sign off on all policy actions being worked on by his agency,…

Purisima assures smooth takeover for incoming finance chief

The Department of Finance (DOF) welcomed the naming of Carlos Dominguez as the agency’s next secretary, with incumbent Secretary Cesar Purisima personally ensuring that…

BOC DepComm Uvero detailed to DOF

Philippine Customs deputy commissioner for Assessment and Operations Coordinating Group (AOCG) Atty Agaton Teodoro Uvero has been detailed to the Department of Finance (DOF) to…

PH Senate vows to approve Customs modernization act early next year

The Philippine Senate vows to approve the Customs Modernization and Tariff Act (CMTA) when it resumes sessions next year. Senate president Franklin Drilon said…

BOC overhaul lies with customs modernization act passage – DOF

The passage into law of the proposed Customs Modernization and Tariff Act (CMTA) will make over the Philippine Bureau of Customs (BOC), leading to…

More PH importers, brokers accredited

A total of 13,483 importers and customs brokers have been accredited with the Bureau of Customs (BOC), while 1,512 were weeded out as of…

BOC eyes another revamp involving underperformers, including district collectors

The Bureau of Customs (BOC) is planning another wave of reshuffle that will focus on underperforming staff, including district collectors who have failed to…

Aquino orders BOC to leave balikbayan boxes alone amid public uproar

Heeding general outrage over the random physical inspection of balikbayan boxes, President Benigno Aquino III has ordered the Bureau of Customs (BOC) to stop…