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Ondemnation Or Donation The Forfeited Containers Were Disposed Of In Accordance With Sections 1139 And 1141 Customs Modernization Tariff Act News Today : Breaking News, Live Updates & Top Stories | Vimarsana

BOC earns P80-M from sale of overstaying containers

MANILA - The Bureau of Customs (BOC) on Monday reported that it has collected more than PHP80 million from selling 96 out of the 304 overstaying containers for the first three month of 2022. Through the Assessment and Operations Coordinating Group and Auction and Cargo Disposal Division units of all BOC Collection Districts nationwide, the bureau earned an aggregate value of PHP80,764,977 from public auction of 96 containers that contained rice and galvanized steel, among others, according to a Facebook post. Aside from public auction, some of the containers were condemned and donated. Thirty-eight containers of twine, yarn droppings, and cuttings were donated to various agencies while 170 containers with used clothing, rotten foodstuff, used oil, used furniture, among others, were condemned from January to March. In relation to Customs Administrative Order No. 17-2019, cargos which weren't withdrawn within the regulatory period of 30 calendar days from payment of duties, taxes, an

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