AFFA 14th General Membership Meeting

NOTHING stopped the ASEAN Freight Forwarders Association (AFFA) from holding its 14th…

CAO 4: New Rules on Customs Valuation, Audit and Record Keeping

As we have mentioned time and again, the rules at the customs…

BIR Audit of VAT on Importations

SINCE the middle of last year, the Bureau of Internal Revenue (BIR)…

ISPM 15: New Import/Export Rules for Wood Packing

In addition to security measures being required in international trade, a new…

Managing Your Customs Issues (3)

Our first article for this series discussed the various customs administrative procedures…

Managing Your Customs Issues (2)

In our previous article, we discussed the customs administrative procedures applicable in…

Managing Your Customs Issues (1)

FOR many years and until the present, the management of customs operations…

Establishing a Customs Bonded Warehouse (CBW)

UNDER Section 1901 of the Tariff and Customs Code of the Philippines…

Understanding the 13 Incoterms

Two weeks ago, we wrote on the implication of Incoterms in the…

Incoterms and its Implication on Customs Valuation

Scenario. AutoHaus Germany (AG) is a global manufacturer of luxury vehicles. It…