Finance Secretary Carlos Dominguez III said he is “pretty sure” that the Bureaus of Customs (BOC) and of Internal Revenue (BIR) could attain their respective collection targets for this year, given their solid performance in 2016 and at the onset of 2017.
Read MoreThe Bureau of Customs (BOC) scored its first big break against oil smuggling in only six months on the Duterte watch with the seizure of two oil vessels carrying a combined 45,000 metric tons (MT) of smuggled fuel worth P700 million in the port of Limay in Bataan.
Read MoreFinance Secretary Carlos Dominguez III recently swore into office lawyer Edward James Dy Buco as Deputy Commissioner of the Bureau of Customs, replacing Peter Manzano.
Read MoreFinance Secretary Carlos Dominguez III has ordered the implementation of separate rulings of the Office of the Ombudsman dismissing from the service a Bureau of Customs(BOC) officer and two municipal treasurers in line with the Department of Finance (DOF) ‘s drive to remove or penalize erring officials in the department and its attached agencies.
Read MoreThe government will never hit, much less surpass, its annual collection targets unless it indexes taxes to inflation and modernize fiscal incentives given to certain industries that account for over P100 billion in foregone revenues, according to Finance Undersecretary Karl Kendrick Chua.
Read MoreThe new leadership at the Bureau of Customs has continued the persistent efforts made by its predecessors in calling the attention of Philippine Airlines (PAL) and Cebu Pacific (Cebu Pac) over their failure to give the long-delayed overtime pay of BOC personnel at the Mactan-Cebu International Airport despite a 2012 Supreme Court ruling favoring the workers’ claims.
Read MoreFinance Secretary Carlos Dominguez III has ordered the implementation of penalties ranging from dismissal from the service to suspension without pay against four municipal treasurers and a Bureau of Customs (BOC) agent in connection with separate cases filed before them before the Office of the Ombudsman.
Read MoreSeparate teams from the Bureau of Customs (BOC) and of Internal Revenue (BIR) have seized fake cigarettes worth over P1 billion, fake tax stamps worth approximately P175 million in taxes, along with raw materials, machines for cigarette manufacturing and other paraphernalia in separate raids in Pangasinan, Pampanga and Bulacan.
Read MoreA P1-million reward has been put up for anyone who can provide information leading to the arrest of persons behind the Nov. 17 murder of deputy commissioner Arturo Lachica Bureau of Customs (BOC), according to the Department of Finance (DOF).
Read MoreSmall value importations of tobacco goods as well as wines and spirits are still subject to excise taxes under a new Customs Administrative Order (CAO) that raises to P10,000 the tax-exempt value of non-commercial imports.
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