The Sugar Regulatory Administration (SRA) is calling on importers of sugar alternatives to register as international sugar traders, as part of the agency’s efforts to crack down on smuggled sugar products that deprive the government of tariff collections. Under Memorandum Circular No. 6, the SRA...
The Court of Tax Appeals (CTA) has denied the petition filed by members of the Philippine Association of Meat Processors, Inc. (PAMPI) which challenged the implementation by the Bureau of Customs (BOC) of the increased tariff on the importation of mechanically deboned meat (MDM). Denied was the...
(Ellson Quismorio/ MANILA BULLETIN) House quinta-committee (quinta-comm) overall chairman, Albay 2nd district Rep. Joey Salceda wants to know whether or not the country’s rice importers are involved in financial shenanigans. Salceda--during...
(Unsplash) AGAP Party-list Rep. Nicanor Briones has raised concern over the alleged practice of unscrupulous importers who misdeclare pork as something else in order to avoid paying higher tariffs. Briones attended the hearing Wednesday,...
Presidential aspirant Senator Manny Pacquiao, a devout Christian who recently said "if you kill, you commit a sin," has warned drug personalities that he will publicly kill those who will import illegal drugs in the country if he becomes the country's leader. "Kaya kung ako ang magiging pangulo...
The ASEAN automotive industry registered positive growths both in sales and production with all countries, except Myanmar, reporting higher sales as of July this year. Data from the ASEAN Automotive Federation showed the region’s automotive sales went up 27.5 percent to 1,507,331 units from...
Two importers are now facing criminal raps for allegedly bringing in smuggled cigarettes and used clothing or "ukay-ukay" in the country, the Bureau of Customs (BOC) said Thursday, July 8. (Photo courtesy of the BOC) Through the Bureau’s Action Team against Smugglers (BATAS), the BOC recently...
Three importers are facing charges of smuggling for allegedly bringing in misdeclared goods such as cigarettes and onions in the country. (Photo courtesy of the BOC) The Bureau of Customs (BOC), through its Bureau’s Action Team Against Smugglers (BATAS), filed criminal cases against the erring...
Despite a 12-month tariff cut imposed on pork, a group of local meat importers began lobbying for a much longer period wherein the pork import tariff rate is kept at 15 percent from the original 40 percent until 2025. A customer pays for pork at a roadside market stall in Mandaluyong City, Manila,...
The Bureau of Customs wants to collect several tax deficiencies uncovered in a post-clearance audit of cooperatives that imported rice since last year, the Department of Finance (DOF) said. In a statement, the DOF quoted Customs Commissioner Rey Leonardo Guerrero as saying that a post-clearance...
The Department of Finance (DOF) directed the tax authorities to assist the Department of Agriculture (DA) in investigating the alleged use of cooperatives by private traders as dummies for rice imports. In a statement, Finance Secretary Carlos G. Dominguez III said he ordered the Bureau of Internal...
The pork price and supply issue has gone haywire. Now, meat importers have petitioned the Committee on Tariff and Related Matters (CTRM) to reduce the most favored nation (MFN) duty on pork by at least 50 percent for the next five years in light of the high prices due to supply shortage brought...
