Customs reminds air travelers of basic rules in bringing in goods, money into the country

Published May 1, 2019, 4:48 PM

by AJ Siytangco

By Betheena Kae Unite

Air passengers entering the country have been reminded to properly declare the goods they acquired overseas to avoid being held at the airports.

(CUSTOMS NAIA / MANILA BULLETIN)
(CUSTOMS NAIA / MANILA BULLETIN)

The Bureau of Customs-Port of NAIA recently issued a notice to all passengers through posters inside the airport, reminding them that they are required to declare all goods purchased or acquired abroad that they will be bringing into the country.

The port reiterated that all imported goods shall be subject to duties and taxes, according to the Customs Modernization and Tariff Act.

“Failure to declare any goods whether intentional or unintentional shall subject the traveler to pay a 30-percent surcharge based on the total landed cost of the goods,” it said.

Misdeclaration and undervaluation of more than 10 percent, according to the bureau, “shall be subject to payment  of surcharge equivalent to 250 percent of duty and taxes due.”

However, no duties and taxes shall be imposed on goods valued P10,000 or below as goods valued P10,000 and below brought by travelers coming into the country are tax-free under the law.

Customs NAIA further said that all Filipinos are entitled to duty and tax-exemption for personal and household effects, which may be sent or brought up to three times into the country annually but should not exceed the P150,000-limit. It only applies to goods that are not intended for commercial use or sale.

The port also reminded the passengers that “all persons and baggage are subject to search at any time.”

Meanwhile, when carrying cash, a passenger may bring in and out the Philippines P50,000 in local currency. Anything more than that should be authorized by the Bangko Sentral ng Pilipinas.

For foreign currency, a person may bring in and out of the country $10,000. Any amount more than that must be declared in a foreign currency declaration form before a Customs officer.

 

 

 

 
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