The Philippines gears up the ATA Carnet implementation to boost economic recovery. The Carnet System grants temporary admission of goods with relief from duties and taxes, simplifying Customs processes. It will particularly benefit the industries in the Tourism Sector, i.e., Meetings, Incentives, Conferences, and Exhibitions (MICE), in cost reduction and simplification of processes for ease of doing business.Continue reading “PH gears up the ATA Carnet implementation to boost economic recovery”
The Export Development Council (EDC) lauds the Bureau of Customs (BOC) for laying out their 10-Point Priority Program for 2022 during the Media Fellowship Meeting on 27 January 2022 at the Port Area, Manila and via Zoom Conference. Such programs are geared towards full automation of Customs procedures to eliminate face to face transactions. More importantly, Import and Export-related programs are also highlighted including the full implementation of the Authorized Economic Operator (AEO) Program and enhancement of trade facilitation.
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Philippine Ambassador to Belgium, Luxembourg, and the European Union Eduardo José A. de Vega deposited the ATA Carnet Instrument of Accession (IA) to the World Customs Organization (WCO), in the presence of Secretary General Kunio Mikuriya, in Brussels on 17 January 2022.
Said IA was originally signed by President Rodrigo Roa Duterte on 23 June 2020 and was amended on 28 April 2021, following DOF’s manifested reservations. The Senate concurred through Resolution no. 832 on 23 August 2021.Continue reading “PH Ambassador deposits the ATA Carnet Instrument of Accession to the Istanbul Convention in Brussels”
The Philippines has started the live exchanges of electronic ASEAN Customs Declaration Document (e-ACDD) with 4 ASEAN Member States (AMS): Cambodia, Myanmar, and Thailand on 21 January 2022, followed by Malaysia on 25 January.Continue reading “PH LIVE exchanges electronic ASEAN Customs Declaration Document with 4 ASEAN member states”
China heightened food safety management measures through the issuance of the General Administration of Customs of China (GACC) Decree nos. 248 and 249. Overseas producers of food exports to China shall abide by these regulations to obtain GACC certification. This means “No GACC certificate, No import to China”. This said policy will be implemented on 01 January 2022.Continue reading “New regulations to be implemented on food product exports to China”
The Senate concurred the ratification of the Convention on Temporary Admission (CTA), also known as the ATA Carnet System, on 08 November 2021. Resolution no. 128 was adopted, having 22 out of the 24 Senators voted in favorably for its concurrence.
The Department of Foreign Affairs (DFA) will deposit the Instrument of Accession to the ATA and Istanbul Convention. This will then make the Philippines, the 88th member-state of the Carnet family.Continue reading “Senate concurs Convention on Temporary Admission ‘ATA Carnet System’”
The Bureau of Customs (BOC) allowed adjustments on minor errors, misdeclaration, or misclassification in the Export Declaration (ED) form without having to pay the fines. A fee amounting to Php 5,000 per clerical error and 250% surcharge per misdeclaration or misclassification is still imposed if discrepancies in the ED are fraudulent. BOC identified certain conditions that may not equate to an error provided that documentary evidence is present. Also, considering that the incorrect input of data in the ED is beyond the exporter’s control, as follows:Continue reading “BOC clarified errors not fined under CAO 1-2020”
The Department of Finance (DOF), Bureau of Customs (BOC), together with the Anti-red Tape Authority (ARTA) headways the onboarding activities of the eighteen (18) trade regulatory priority agencies in TradeNet; Six (6) of which were recently onboarded which include BAFS, SRA, FPA, EMB, NMIS and OMB. These agencies are still finalizing their module manuals, operational guidelines, and helpdesk in preparation for their live implementation. The TradeNet Steering Committee also pledged to include another twelve (12) agencies to onboard by September 2021.
The Bureau of Customs (BOC) prepares the PH live exchange of the ASEAN Customs Declaration Document (ACDD) by December 2021, via the TradeNet. The completion of the ACDD system’s bidding process received concurrence from the United States Agency for International Development’s (USAID) on 05 August 2021. BOC is now crafting a national master data plan with the USAID ASEAN Policy Implementation (API) Project Team for Interoperability.Continue reading “BOC prepares PH Live Exchange of the ASEAN Customs Declaration Document via TradeNet”
EDC lauds the Department of Finance (DOF) and Bureau of Internal Revenue (BIR) on deferring the implementation of Revenue Regulation (RR) no. 9-2021, which levies 12% VAT on indirect exports pending issuance of an amendatory regulation. BIR will provide the transition process for those who already paid the 12% VAT while the RR was in effect from June 27 to July 21, 2021.Continue reading “EDC lauds DOF and BIR deferment of 12% VAT on indirect exports”