Tag: Department of Finance
PH online trade facilitation portal TradeNet for launch by July
The software for the Philippine government’s online trade facilitation portal, TradeNet, has been delivered and is now undergoing procedures in preparation for going live...
Removing quantitative restriction on PH rice imports to cut prices
The lifting of the quantitative restriction (QR) on Philippine rice imports in favor of tariffs will bring several benefits to the economy, including slashing...
42 draft orders on PH Customs act issued so far
The implementing rules and regulations (IRR) of the Customs Modernization and Tariff Act (CMTA) will be contained in about 42 customs administrative orders (CAOs)...
Warning: Here Comes An Empowered Customs Audit Group
Malacañang has recently issued Executive Order (EO) No. 46 (dated October 20, 2017) entitled “Reviving the Post Clearance Audit Function of the Philippine Bureau...
PH President orders return of post-clearance audit to Customs
Philippine President Rodrigo Duterte has revived the post-clearance audit function and returned it to the Bureau of Customs (BOC) from the Department of Finance...
PH plans yearend NSW linkup with ASEAN Single Window
After five years, the Philippines is expected to finally connect to the Association of Southeast Asian Nations (ASEAN) Single Window by December this year,...
Revised draft order lays down conditions for establishing PH customs facilities
The Department of Finance (DOF) and Bureau of Customs (BOC) have issued the revised draft order for establishing, maintaining, and operating customs facilities and...
PH draft rules on container monitoring up for public consult
The proposed order providing Philippine rules on the admission, movement and withdrawal of container vans has been drafted by the Bureau of Customs (BOC)...
Draft PH order tackles storage of overstaying and abandoned goods
Rules on the temporary storage of imported goods declared overstaying or abandoned have been drafted by the Philippine Department of Finance (DOF) and Bureau...
Draft order draws up rules for PH customs service fee collection
The Department of Finance (DOF) and Bureau of Customs (BOC) have proposed rules covering the process of collecting customs service fees from stakeholders.
The draft...
