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A planned customs order seeks to allow automatic extension of accreditation of importers and customs brokers of good standing
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The Bureau of Customs hopes to issue the order before end of the first quarter as incentive for stakeholders to comply with customs rules
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The bureau will use the Universal Risk Management System to profile qualified stakeholders
The Bureau of Customs is drafting an order that will allow automatic extension of accreditation of importers and customs brokers of good standing.
The bureau hopes to issue the customs memorandum order before end of the first quarter, Customs Commissioner Rey Leonardo Guerrero said during the virtual Business Summit 2022 on March 17. BOC co-organized the summit with the Makati Business Club, Institute for Solidarity in Asia, Management Association of the Philippines, and Financial Executives Institute of the Philippines.
BOC assistant commissioner Vincent Philip Maronilla, in a text message to PortCalls, said the policy is an incentive for stakeholders to comply with customs rules.
He noted BOC will use its Universal Risk Management System (URMS) to profile qualified stakeholders.
Implemented in 2020, the URMS reviews and updates parameters of BOC’s selectivity system, and conducts a continuing study/profile of importers, exporters and customs brokers, among others.
Importers and customs brokers’ accreditations are currently valid for one year unless suspended, revoked, or cancelled.
Last year, BOC sought comments on its proposed customs administrative order on the accreditation of importers. In the proposal, the validity of importers’ accreditation will be two years. – Roumina Pablo
