Clearance Procedures

When the importers arrive, they have to contact the Customs office at the port of entry to clear the household effects from the Customs custody. They will need to prepare all documents as required by Customs to claim tax and duty free importation of the household effects and follow the processes listed below:

The importer/agent submits an Application for Tax and Duty Free Allowance, Import Declaration Form, and all supporting documents to the Customs office at the port of entry;

Customs verifies the documents and Application for Tax and Duty Free Allowance and charges taxes and duties on any household effects not eligible for tax and duty free allowance;

The importer/agent pays taxes and duties (if any) at the Cashier Division, and then contact the Goods Clearance Division; and

Customs inspects the imported household effects against the Declaration. If there is no discrepancy between the Declaration made and the goods inspected, all goods will be released.

Import Procedures

Import Procedures

The importer provides an Investment Promotion Declaration Form for Imports, supporting documents as required in normal imports, and a copy of BOI Delivery Order and submits them to the Customs office at the port or place of entry;

Customs verifies privileges granted, assesses Customs value and applicable taxes and duties. Depending on the result of the verification, Customs may require a deposit of guarantee, grant exemption/reduction of import taxes and duties, as the case may be, and then returns all documents to the importer;

The importer contacts the Cashier Division to deposit the guarantee or pay applicable taxes and duties (if any); and

The importer, then, submits the receipt issued by the Cashier Division and all documents to the Goods Inspection Division for the release of goods. The goods are examined as normal imports.

2. Tax and Duty Guarantee: The periodic tax and duty guarantee as required by the BOI is deposited at the port or place of entry.

3. List of Raw and Essential Materials: Raw and essential materials granted tax and duty exemption/reduction from the BOI and removed into the Investment Promotion Zones for manufacturing, mixing, or assembling products or produces must be imported within the period specified by the BOI.

To enable Customs to examine and control the imported raw and essential materials under BOI promoted projects, the BOI shall provide and notify Customs two types of report: one is the report detailing items and quantities of raw and essential materials granted tax and duty exemption/reduction as appeared in each invoice; and the other is the 6-month report on granted raw and essential materials.

4. Transfer of Raw and Essential Materials: In case where there is a need to transfer raw and essential materials from one approved list to the other one, the importer is required to submit an Application for Transfer Raw and Essential Materials (Customs Form No. 82) with a duplicate to the Customs office assigned to examine and control the list of raw and essential materials. When the application is approved, the Customs office assigned to examine and control the list of raw and essential materials will send the original application form to the Customs office to where the importer want to transfer the raw and essential materials. A copy of the application form is kept as documentary evidence at the Customs office assigned to examine and control the list of raw and essential materials.

Date: 2016-01-14; view: 709