The Bureau of Customs surpassed its monthly target for the third straight month as collections hit a record high of P70.73 billion in March, partly due to soaring global oil prices amid Russia’s invasion of Ukraine.
(Photo courtesy of BOC) MANILA - The Bureau of Customs (BOC) on Tuesday reported the seizure of smuggled counterfeit goods with an estimated value of PHP100 million in Valenzuela City. In a statement, the Bureau said the team armed with a letter of authority (LOA) issued by Commissioner Rey Leonardo Guerrero, inspected the warehouse located at No. 8 Rincon Road, where they discovered the fake items. During the inspection, Customs examiners discovered used clothing (ukay-ukay) and fake signature goods, including different footwear brands such as Nike, Crocs, and Sandugo among others, which came from China and Bangladesh. The examination was conducted in the presence of personnel from the Customs Intelligence and Investigation Service (CIIS), National Bureau of Investigation (NBI), and Armed Forces of the Philippines (AFP) operatives. Further investigation is underway for other possible violations of the Intellectual Property Code of the Philippines (Republic Act 8293) and the Customs Mo
The Bureau of Customs has automated roughly 82 percent of its procedures under the Duterte administration through its modernization program, an accomplishment that the BOC says allowed it to exceed its collection targets even during the pandemic.
Rats leaving a sinking ship philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.