The Bureau of Customs (BOC) has generated over P237 million in the disposal of overstaying containers nationwide since January this year.
In a statement, acting BOC Commissioner Yogi Filemon L. Ruiz said the additional income for the government was through the public auction of 318 containers.
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(File photo) MANILA - The Bureau of Customs (BOC) has collected over PHP237 million through the public auction of "overstaying" containers in all ports nationwide during the first eight months of the year. In a statement Thursday, the bureau reported that from January to August 2022, a total of 318 "overstaying" containers were disposed of by the ports which generated total revenue of PHP237,379,455. Meanwhile, 519 containers have been condemned while 56 containers were donated to various government agencies. This is in line with the directive of Commissioner Yogi Filemon Ruiz, to all the ports to expedite the disposition of all forfeited and abandoned goods through the modes provided under the Customs Modernization and Tariff Act (CMTA). The BOC-Port of Manila (POM) and the Asian Terminals Inc. (ATI) together with the Association of International Shipping Lines (AISL) continuously implement the Empty Loadout Shipping Agreement (ELSA). Under the ELSA, vessels docked
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