THE Bureau of Customs (BOC) is expanding to Subic port the operation of its accredited value-added service providers (VASPs). This follows the introduction of VASP services to Batangas port last Friday with Petron’s liquefied petroleum gas import shipment as the first entry filed through VASP Intercommerce Network Services.

“We are fast tracking the intro-duction of VASP operations in major ports nationwide as we enter Phase II of our automation, all geared toward paperless transaction, reducing corruption, and increasing revenue collection and trade facilitation,” Customs deputy commissioner Alexander Arevalo told PortCalls.

Since the VASP expansion to Subic and Batangas does not involve displacement of workers at the entry encoding centers, Arevalo expects the process to run smoothly.

The BOC is also set to evaluate conditions of Cagayan de Oro in preparation for the expansion of VASPs in that port.

You May Also Like

Truck ban blamed as BOC misses Feb revenue goal

Manila’s daytime truck ban has combined with a seasonal drop in imports to keep the Bureau of Customs from achieving its February revenue target…

ASEAN, World Bank collaborate to monitor regional integration

The World Bank has agreed to advise the Association of Southeast Asian Nations (ASEAN) on the best ways to monitor its progress toward regional…

PH manufacturing output slips in April

Forecasts for Philippine manufacturing output remain positive despite slower growth recorded for April 2017, according to the National Economic and Development Authority (NEDA). In…