Tag: BOC
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US flags graft, barriers at Philippine customs
Bribery, corruption, and persistent trade barriers at the Bureau of Customs (BOC) have been flagged by the United States Trade Representative (USTR) in its latest National Trade Estimate (NTE) report released March 31.
BOC, DTI seize P1.4B illicit vapes
Authorities have confiscated up to P1.4 billion worth of illicit vaporized nicotine products in a warehouse raid in Navotas City, marking one of the largest recent enforcement actions against the country’s underground vape trade.
Ports, proximity shape Philippines’ diverging trade flows
The Bureau of Customs’ 2025 lists of top importers at the Port of Batangas and the Manila International Container Port (MICP) reveal more than a split in economic roles—they show how location dictates the direction, speed, and cost of trade.
Excise tax, VAT suspension risks fiscal hole, Senate told
The Philippine government could forgo as much as P272.83 billion in revenues in 2026 if excise taxes and value-added tax (VAT) on fuel imports are suspended, according to estimates presented by the Bureau of Customs (BOC) during a Senate hearing on March 11.
BOC launches E-CP platform for vehicle imports
The Bureau of Customs (BOC) has rolled out a fully automated Electronic Certificate of Payment (e-CP) System aimed at simplifying compliance and accelerating the processing of motor vehicle imports, a move welcomed by major industry groups that rely heavily on predictable customs procedures.
