BOC collects Php138.5M from 1st quarter disposition of overstaying containers
The Bureau of Customs – Assessment and Operations Coordinating Group (BOC-AOCG), together with the Auction and Cargo Disposal Division (ACDD) and the ACDD units of all Collection Districts nationwide, disposed a total of 586 overstaying containers through various modes of disposition, such as auction, condemnation, and donation, for the first quarter of 2021.
In accordance with the BOC’s mandates for revenue collection and border protection, the Bureau collected an aggregate value of Php 138,535,866.00 from public auction of 354 overstaying containers of assorted items such as rice and galvanized steel among others, and condemnation of 232 containers with a total of 586 disposed containers.
These overstaying containers are either abandoned or seized under Sections 1139 and 1141 of the Customs Modernization and Tariff Act (CMTA), which provides for the conditions and modes of disposition, respectively.
Furthermore, in relation to CAO 17-2019, cargoes which weren’t withdrawn within the regulatory period of 30 calendar days from payment of duties, taxes, and other charges shall be deemed abandoned, unless covered by duly issued alert order, and upon the finality of the Decree of Abandonment, the Bureau shall then determine the proper disposition among auction, condemnation or donation.
Significantly, these disposition activities are aimed at efficiently facilitating trade by eliminating port and yard congestion, thereby ensuring smooth flow of business within the agency.
With the momentum that the Bureau of Customs has set for the first quarter of 2021, the BOC, through continuous monitoring and compliance with its mandates, assures the public that it will remain steadfast in its efforts of ensuring unhampered delivery of its services, especially in these trying times that the movement of goods, essentials and non-essentials, is deemed both substantial and critical.