Tag: de minimis
PH rolls out customs procedures for air express shipments
The Bureau of Customs (BOC) has released procedures for the transport, documentation, and clearance of express shipments in all Philippine airports.
Draft order tackles PH gov’t right of compulsory acquisition for undervalued...
The draft order outlining Philippine guidelines for implementing the government’s right of compulsory acquisition for undervalued shipments has been issued.
The proposed customs administrative order...
Trade facilitation and revenue generation: PH Customs’ tight balancing act
Much has transpired a year since Philippine Customs Commissioner Nicanor Faeldon assumed the leadership of the Bureau of Customs (BOC) in July 2016.
He came...
PH Customs sets rules for clearance of postal matters
The Philippine Bureau of Customs (BOC) has released rules on the clearance process for postal items, as prescribed under the Customs Modernization and Tariff...
PH customs rules operationalizing higher de minimis value take effect
The Philippine Bureau of Customs (BOC) guidelines governing duty- and tax-exempt importation of shipments falling within the increased de minimis value of P10,000 and...
New PH Customs order implements advance ruling system
The customs order that establishes an advance ruling system for valuation and rules of origin (RO) concerning import and export merchandise in the Philippines...