PH customs chief revives tax credit body to speed up release of TCCs

The Philippine Bureau of Customs (BOC) has reconstituted its Tax Credit Committee (TCC) and Tax Credit Secretariat (TCS) to facilitate the release of tax…

Duty, VAT claimants can start getting their refund from BOC

Some 125 companies with pending duty drawbacks or tax claims may now start processing their claims at the Philippine Bureau of Customs (BOC). Claimants…

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…

BOC allows cashing in of VAT tax refund credits

Philippine firms may now monetize the outstanding value-added tax (VAT) tax credit certificates (TCCs) they earned from the Bureau of Customs (BOC). In a…