Since the implementation of Republic Act (RA) No. 10863, otherwise known as Customs Modernization and Tariff Act (CMTA), on the 30th of May 2016, the Bureau of Customs has been working non-stop to weed out companies that are in constant violation of rules and regulations.
“We have 11,000 accredited importers. Once we’re through cleaning this list, we might be left with just half of that number,” Customs Commissioner Nicanor Faeldon told reporters last Friday, after the announcement of delisting some firms and their brokers that committed some violations. “With their removal from the list of accredited importers and brokers, the delisted firms are now effectively banned from transacting with the BOC.”
It is very important to know about some common violations that may lead the agency to delist your company from accreditation. He are some tips to avoid them:
Update your contact information with your agent.
Reported recently, more than 3,000 importers are in danger of losing their accreditation by middle of February. This is because of simply not being able to update their contact information despite of warnings released by the Bureau of Customs. Contact information includes phone numbers and emails that were registered as part of the accreditation process.
The Bureau of Customs checked the contact details and found out that phone calls made to 1,206 importers revealed incorrect or non-working numbers, while emails to 2,365 importers bounced back.
Importers that has not updated their contact information yet should submit the following:
Read more: http://newsinfo.inquirer.net/863021/over-3000-importers-in-danger-of-losing-customs-accreditation
Declare your goods in detail
Also recently, the Bureau of Customs released an initial list of importers and their respective brokers that were placed under investigation for possible violations.
A check of the list showed that the delisted importers and brokers had shipments which were seized due to various irregularities such as misdeclaration or underdeclaration of imported items.
In 2014, 70 importers and 46 brokers - including companies with big names - were suspended in violation of Customs Administrative Order No. 08-2007 and Customs Memorandum Order No. 28-2007. Both state that imported articles must be described in sufficient detail for proper valuation and tariff classification. The make, model, variant, and brands of goods must be disclosed in import entries.
Stick with a reliable agent with a great reputation
It’s hard to be certain nowadays especially when news about brokers being involved with violations are popping up. Customs brokers are supposedly reliable individuals who are responsible for your company’s welfare as an importer. They are the ones who are adept at knowing the rules and regulations, and the procedures making way to safely get your cargo to its destination. Choosing a customs broker that has been around for a long time is not enough. Know if brokers have a good reputation by reviewing company profiles and doing a research about what they have been involved in the years they have been operating. Make sure they are government accredited and recognized by reputable organizations in the industry.