Trailblazing. Collaborative. Resolute.
The Bureau of Customs (BOC) extends the use of existing prepaid accounts until 15 June 2021. Said account is used in paying duties, taxes, and other charges for all goods declaration lodged through the Electronic to Mobile (E2M) system. Accountholders are still allowed to deposit and consume balance in existing prepaid accounts within the said period.
Continue reading “Use of existing Broker’s prepaid accounts allowed until 15 June 2021”
Dr. Enrico Basilio, Chairman of the Export Development Council’s Networking Committee on Transport and Logistics (EDC-NCTL), called for support for bareboat chartering by the Filipino Shipowners Association (FSA) to address the issue of lack of vessel spaces.
Bareboat chartering is defined as leasing an entire vessel under an agreement whereby the lessor only provides the bare vessel. The vessel’s operation is not included in the lease; hence the charterer must arrange for the staffing of the Ship’s Captain and its crew.
Continue reading “Bareboat chartering possible to address lack of vessel spaces”
President Rodrigo Duterte created the Office of the Presidential Adviser on Streamlining of Government Process (OPASGP) through Executive Order (EO) no. 129 signed 13 April 2021. Secretary Leoncio “Jun” Evasco Jr., as the newly appointed Presidential Adviser to streamline government processes will work closely with the Anti-Red Tape Authority (ARTA).
Continue reading “Duterte empowers streamlining initiatives by creating a Cabinet-Level Office to cut red tape”The Bureau of Customs (BOC) temporarily suspends the Automated Bonds Management System (ABMS) implementation on transit shipments under CMO 30-2020 from 15 March 2021 up to 04 April 2021.
CMO 30-2020 applies to all Transit Bond Accounts opened under the electronic-to-mobile (E2M) Customs System in all Collection Districts, including sub-ports and other BOC offices.
This policy deferment was adopted to avoid further delays in the delivery of raw materials needed for export. The Value-Added Service Providers (VASPs) encountered system glitches wherein transit shipments bound for PEZA zones cannot be seen in the system to be tagged “ARRIVED” as it reaches the zone.
The Anti-Red Tape Authority (ARTA) directs the mandatory onboarding of the 73 Trade Regulatory Government Agencies (TRGAs) to the TradeNet through the issuance of Memorandum Circular (MC) 2021-01 last 05 March 2021. TradeNet is an online platform that harmonizes all licenses and permits for imports and exports.
The Bureau of Customs (BOC) accords the five years validity period of the Product Evaluation Report (PER) of exports conforming with the ASEAN Trade in Goods Agreement (ATIGA) and all the other Free Trade Agreements (FTAs).
This amended policy transpired after the exporters protested the issuance of AOCG Memo No. 67 2021 ‘Evaluation of Goods Applying for Certificate of Origin (CO)’ on 05 February 2021, which shortened the PER validity from five years to three years. BOC released a memorandum on 10 February 2021 in response to the exporter’s clamor to amend the said AOCG memo reverting the five-year validity period instead of three years.
Continue reading “Bureau of Customs accords the five years validity period of the Product Evaluation Report”
The Bureau of Customs (BOC) upholds the strict implementation of the Online Release System (OLRs) effective on 11 January 2021. It requires the proper format of the registry number when filling out the export Single Administrative Document (SAD) in the Electronic-to-Mobile (E2M) system. Clerical errors due to incorrect registry numbers indicated in the export declaration is subjected to a PHP 5,000.00 fine as stipulated under AOCG Memo 25-2021 ‘Guidelines on the Wrong Encoding of Registry Numbers in the Export Declaration in the E2M System’ in accordance with CAO 1-2020.
EDC lauds the pronouncement made by the Bureau of Customs (BOC) AOCG Deputy Commissioner Edward Dy Buco that stakeholders can expect enhanced trade facilitation with the Bureau in 2021. He added that the Commissioner assures its support towards export growth by prioritizing export-related activities in the Bureau’s 10-Point Priority Program for the upcoming year.
Continue reading “BOC mandates onboarding of TRGA’s to TradeNet by March 2021”
The ASEAN Wide Self Certification Scheme (AWSC) allows exporters, who have proven their competence, to be eligible for the preferential treatment under the ASEAN Trade in Goods Agreement (ATIGA) through self-certification. As such, application of the Certificate of Origin (CO) Form D is no longer required once an exporter qualified the Certified Exporters (CE) status. However, e-Form D and paper-based Form D will still be used by the exporters who have not acquired the CE status. This will bring practical benefits, reducing cost and shipment delays, in processing export cargoes even during non-work hours and weekends.
Continue reading “BOC grants certified exporters to self-certify CO application under the AWSC scheme”
The Environmental Management Bureau (EMB) of the Department of Environment and National Resources defers the implementation of the General Effluent Standards (GES) under DAO- 2016-08. Said standards applies to all point sources of pollution, regardless of volume, that discharge to receiving body of water or land and shall be used regardless of the industry category.
Continue reading “Environmental Management Bureau defers implementation of General Effluent Standards”