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PRESIDENT Ferdinand “Bongbong” Marcos Jr. has extended on Tuesday the temporary modification of rates of import duty on rice, corn, and meat products until December 31 next year. In Executive Order No. 50, Marcos cited the impact of El Niño on the price of goods, alongside effects of the African…
The Bureau of Customs (BOC) on Tuesday said it intercepted two smuggled luxury vehicles, worth P30 million, that were misdeclared as used truck replacements in Tagoloan, Misamis Oriental. The BOC said its Port of Cagayan de Oro team, together with its Intelligence Group, seized the two luxury vehicles last December…
THE Bureau of Customs (BoC) intercepted two smuggled luxury vehicles on Friday, December 15, at the Mindanao Container Terminal (MCT) in Tagoloan, Misamis Oriental.
CORRECTLY classifying imported goods is crucial for international trade. It influences trade statistics, regulations and the determination of duty rates. The Harmonized System (HS), a globally adopted framework developed by the World Customs Organization, provides a standardized numerical approach to classify traded products.
If you're a Filipino abroad hoping to send a balikbayan box for the holidays, here are tips and documents that can help