The Bureau of Customs (BOC) has reported a decline in revenue collection due to reduced tariffs on rice and zero-import duties on electric vehicles (EVs). According to the BOC, these policy adjustments have resulted in a combined revenue loss of nearly P9 billion in the first nine months of 2024....
The Department of Finance (DOF) reported that collections from the government’s two main tax agencies showed strong double-digit growth in the first nine months of the year. The Bureau of Internal Revenue (BIR) and the Bureau of Customs collectively gathered P2.771 trillion from January to...
The Port of Ninoy Aquino International Airport’s (NAIA) Bureau of Customs has received praise from the German Embassy for its efficient trade facilitation processes. During the recent celebration of the 34th Anniversary of German Unity and the 70th German-Philippine Diplomatic...
The Department of Finance (DOF) and the Bureau of Customs (BOC) vowed to enforce the new law designed to combat smuggling and hoarding of agricultural products, ensuring a stable food supply for Filipinos. Finance Secretary Ralph G. Recto said that the recently signed Republic Act No. 12022,...
The Bureau of Customs (BOC) has filed a formal complaint against the owners and crew members of two vessels caught engaging in fuel smuggling at the Navotas Fish Port. According to the BOC, the vessels were found to be transferring unmarked fuel, a practice known as "paihi modus," in violation of...
The Bureau of Customs (BOC) has clarified that the backlog of rice shipments at Manila ports is not due to congestion, but rather pending actions from consignees necessary for the release of these goods. According to the BOC, there are currently 258 containers of rice at the Port of Manila. Of...
The Bureau of Customs (BOC) has intercepted two fuel tankers, worth a combined P695 million, at the Navotas Fish Port for allegedly engaging in the illegal fuel transfer practice known as "paihi." In an operation by the BOC's Customs Intelligence and Investigation Services-Manila International...
The Bureau of Customs (BOC) and the Philippine Drug Enforcement Agency (PDEA) have intercepted illegal drugs at the Ninoy Aquino International Airport (NAIA). In a joint operation on Thursday, Sept. 12, Customs authorities seized four parcels containing 4,877 grams of kush, a high-grade marijuana,...
The Bureau of Customs (BOC), the government’s second-largest tax agency, announced that it had exceeded its revenue collection target for the first eight months of 2024. In a statement on Friday, Sept. 6, the BOC reported that it collected P614.781 billion from Janaury to August this year,...
The Bureau of Customs (BOC) intercepted a shipment of imported oranges from Thailand valued at P8.4 million after discovering that it lacked the required sanitary documents. In collaboration with the Department of Agriculture, the BOC successfully prevented the entry of 3,200 cartons of fresh...
A series of crackdown operations in Manila and Laguna led to the discovery of around P94 million worth of suspected smuggled disposable vape products, motor parts, and accessories, the Bureau of Customs (BOC) reported. During an inspection last Friday, Aug. 23, agents from the BOC and the...
The Department of Finance (DOF) announced that the government's two main tax agencies have already achieved over half of their full-year collection target in just the first seven months of the year, primarily fueled by digitalization efforts. Tax revenues from the Bureau of Internal Revenue (BIR)...
