BOC Customs Administrative Order No. 08-2014

(NAR) VOL. 25 NO. 4 / OCTOBER - DECEMBER 2014

[ BOC CUSTOMS ADMINISTRATIVE ORDER NO. 08-2014, November 20, 2014 ]

GUIDELINES ON THE IMPOSITION OF CUSTOMS DOCUMENTARY STAMP AND IMPORT PROCESSING FEE FOR INFORMAL ENTRIES

Adopted: 20 November 2014 Date Filed: 10 December 2014 Pursuant to Section 608 and Sections 3301 to 3304 of the Tariff and Customs Code of the Philippines, in relation to Section 36 of the Administrative Code of 1987, the rates of Customs Documentary Stamp and Import Processing Fee for Informal Entries in all ports of the Philippines shall be as follows:

1. Revised Amount of Customs Documentary Stamp Tax for Informal Entry An amount of fifteen pesos (P15.00) shall be collected from each importation filed through the informal entry 2. Revised Amount of Import Processing Fee for Informal Entry No amount shall be collected as import processing fee on any importation filed through the informal entry. The BOC shall cease to collect import processing fee on any importation filed through the informal entry 3. Repealing Clause Any order, rule or regulation contrary or inconsistent with this order of any of its provisions are hereby repealed or amended accordingly.

4. Effectivity Clause This Order shall take effect immediately upon publication in a newspaper of general circulation or Official Gazette and three (3) copies deposited to the UP Law Center Approved by:

(SGD) JOHN P. SEVILLA (SGD) CESAR V. PURISIMA Commissioner Secretary of Finance Source: Supreme Court E-LibraryThis page was dynamically generated