-
The Bureau of Customs will implement additional features and integrate other systems into its Electronic-2-Mobile (E2M) System in June and July
-
To be implemented this month is the Automated Bonds Management System for general warehousing bonds and in July is the Raw Materials Liquidation System
-
New E2M features will include Forfeited Status and Auto Assignment of Declaration
-
These projects are part of BOC’s thrust to computerize Customs’ manual processes and enhance existing systems and infrastructure
The Bureau of Customs (BOC) will implement this month and in July additional features and integrate other systems—such as the Automated Bonds Management System (ABMS) for warehousing and Raw Materials Liquidation System (RMLS)—into its Electronic-to-Mobile (E2M) System as it further computerizes Customs processes.
For implementation in June is the ABMS for general warehousing bonds, an automated procedure under the E2M System that aims to effectively monitor the status of bonds, from approval, charging and cancellation to liquidation, and to expedite the settlement or collection of due and demandable bonds.
READ: BOC sets new rules on transit goods declaration bonds
Earlier this year, BOC also implemented its ABMS for transit cargoes.
A new feature to be included in the E2M System is the “Forfeited Status,” which BOC assessment personnel can use to tag good declarations subject to forfeiture.
An Auto Assignment of Declaration will also be embedded in the E2M System to replace the Goods Declaration Verification System (GDVS), which randomly assigns to BOC examiners and appraisers entries for assessment.
Lastly, for implementation in July is the RMLS that will track duty-free raw material importations by customs bonded warehouses for processing into semi-finished or finished products for export.
RMLS can also automatically liquidate warehousing entries covering raw materials used in the manufacture of these products.
The RMLS interfaces with the ABMS to automate the charging of warehousing bonds filed to cover the duties and taxes on raw material imports and the subsequent cancellation of the charged amount upon liquidation of the warehousing entry.
BOC’s Management Information System and Technology Group is developing and monitoring all these projects as part of BOC’s thrust to computerize manual processes and enhance existing systems and infrastructure.
BOC for years has also been implementing projects to improve and stabilize its E2M System, which is notorious for its slowdowns.
READ: World Bank approves $88M loan for BOC modernization project
In October last year, the World Bank finally approved the US$88 million loan intended for the Philippines Customs Modernization Project. The project is expected to improve the country’s customs administration through streamlining, automation, and development of a world-class customs processing system.
