BusinessWorld
May 23, 2021 | 6:30 pm
THE Bureau of Customs (BoC) has started implementing adjusted tariffs for pork imports after the government approved temporary changes to the rate structures in a bid to boost supply and temper rising prices.
The new rates were implemented via Customs Memorandum Circular No. 102-2021 dated May 18, a copy of which was published Friday, ordering ports and collection districts to implement Executive Order (EO) No. 134.
“All concerned are informed that all articles which entered into or withdrawn from warehouses in the Philippines for consumption, shall be levied the temporary MFN (most-favored nation) rates of duty as prescribed therein,” according to the circular.
BusinessWorld
May 9, 2021 | 7:33 pm
THE Bureau of Customs (BoC) confiscated on Friday P316 million worth of smuggled counterfeit-branded clothing and meat.
In a statement issued over the weekend, the BoC said it seized P300 million worth of clothing from various warehouses in Pasay City. The brands being counterfeited were Adidas, Crocs, DC, Dickies, Disney, Fila, Frozen, Gap, Havaianas, Hello Kitty, Jag, Jordan, Lacoste, Lee, Levi’s, Louis Vuitton, Marvel, Mossimo, Nike, Petrol, Puma, Tribal and Uniqlo.
It also confiscated smuggled frozen meat, Peking duck and black duck valued at P16 million from a warehouse in Navotas City.
The BoC said the seizures were conducted in cooperation with the Manila International Container Port, Customs Intelligence and Investigation Service of the Port of Manila, and the Enforcement Group Enforcement and Security Service.
BusinessWorld
May 3, 2021 | 8:39 pm
PHILIPPINE STAR/ MICHAEL VARCAS
THE Department of Information and Communications Technology (DICT) said Monday that it is set to investigate corruption allegations against SpeedCast International Ltd, a Hong Kong-based firm tapped to implement the government’s free internet connectivity project.
The announcement, in a statement issued late Monday, comes after the President’s spokesman Herminio L. Roque, Jr. asked the DICT to terminate its contract with SpeedCast for the P1.3-billion free WiFi project due to the slow rollout, and amid reports that the company had undervalued six shipments in its Customs declarations.
“We constituted an Investigating Task Force, and it is set to investigate the Bureau of Customs (BoC) findings on the UNDP contractor’s alleged violation of customs and other Philippine laws,” it said in a statement, referring to the United Nations Development Programme, the proponent of a global inclusiv
BusinessWorld
May 4, 2021 | 12:32 am
THE Bureau of Customs (BoC) exceeded its April collection target by 4.2%, as the majority of its collection districts reported higher revenues despite tighter quarantine restrictions in Metro Manila and nearby provinces.
In a statement on Monday, BoC said preliminary data showed it collected P51.277 billion in April, P2.077 billion more than its P49.2-billion goal and 50% higher than the P33.97 billion in April 2020.
This marked the fourth consecutive month the bureau exceeded its monthly target this year.
Additional revenues included collections from the Tax Expenditure Fund (TEF) amounting to P121 million, and Post Clearance Audit Group (PCAG) with P13.65 million.