Page 3 - Customs Modernization News Today

IMPOSING zero tariffs on hybrid vehicles is “not justifiable” right now as doing so would go against government’s goal of having electric vehicles (EVs) ubiquitous in the industry, according to Trade and Industry Secretary Alfredo E. Pascual. This Pascual underscored amid the National Economic and Development Authority (Neda) Board’s ongoing…

Roughly P76 million worth of “kush” or dried marijuana was discovered and seized at the Manila International Container Port during an inspection by the Bureau o

THE Bureau of Customs (BOC) announced last Wednesday personnel at the Port of Davao intercepted a total of P7.1 million smuggled cigarettes in Sultan Kudarat and Lake Sebu in a joint operation with members of the Philippine National Police (PNP). The BOC said personnel of the PoD, the Philippine Navy…

A total of 3,100 liters of alleged smuggled fuel and storage tanks, amounting to P10.5 million, were discovered and seized by agents of Customs Intelligence and

THE Bureau of Customs collected P883.62 billion for the year 2023, up 2.46 percent from the previous year’s revenue collection of P862.42 billion as its drive against smuggling also saw it file scores of criminal cases and revoke the accreditation of more than 100 importers, the Department of Finance (DOF) said in its yearender report on Wednesday, Jan. 10, 2024.

THE digitalization efforts and anti-smuggling drive of the Bureau of Customs (BOC) allowed the agency to exceed its collection targets for the year. BOC said its collections reached P883.624 billion as of December 31, 2023. This was 1.08-percent or P9.459-billion higher than the P874.166-billion target. This also presented a 2.46…

THE Bureau of Customs (BOC) announced last Thursday it hasn’t found the four tankers the agency links to smugglers of hundreds of thousands of unmarked fuel in Bataan. A statement issued by the BOC said that these tankers are on the loose and are involved in the smuggling of 158,000…

Lower tariffs on rice, corn, pork extended Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.

President Ferdinand R. Marcos Jr. has issued Executive Order (EO) No. 50, which maintains the temporary modification of rates of import duty on rice, corn and

Law enforcement agencies intercepted over 8,000 grams of shabu being smuggled at the Port of Clark (POC) with an estimated value of at least P56 million recently, according to the Bureau of Customs (BOC). The BOC on Monday said a recent joint operation by various state agencies led to the…