CMTA
Customs: No taxes for certain shipments under...
12 October, 2016 at 15:32
The Bureau of Customs (BOC) raised the “de minimis” value from P10 to P10,000 as its first measure under the new Customs Modernization and Tariff Act (CMTA).
In praise of …
20 June, 2016 at 11:13
I’m going to do something out of character and beyond a columnist’s task, our role being to criticize the government. The government does more than enough boasting of its achievements, or supposed achievements.
Palace signs customs modernization act into law
1 June, 2016 at 10:16
A measure seeking to upgrade the Bureau of Customs’ (BoC) ability to fast-track import processing and install safeguards against smuggling has been signed into law by President Benigno S. C. Aquino III.
More laws to pass
3 May, 2016 at 10:40
The 16th Congress came up with key economic reforms that promise to fundamentally change our economy. Foremost among them is the Philippine Competition Act (Republic Act No. 10667), a law that took nearly three decades to finally enact…
Bicam OKs P150,000 tax exemption for balikbayan...
27 January, 2016 at 11:04
Manila, Philippines – The bicameral conference committee on the Customs Modernization and Tariff Act (CMTA) has agreed to retain a provision in the measure increasing the tax-exempt value of items sent by overseas Filipinos to their families back home.
Customs modernization to improve trade facilitation, ...
19 January, 2016 at 16:30
The Senate today approved on third and final reading the proposed Customs Modernization and Tariff Act (CMTA) which aims to simplify, modernize and align the country’s customs procedures with global best practices by amending the Tariff and Customs Code of the Philippines (TCCP).
Congress faced with 26 priority legislation in...
3 November, 2015 at 16:30
AFTER a three-week break, Congress resumes sessions on Tuesday, with lawmakers set to continue tackling at least 26 pending priority bills as itemized by the Presidential Legislative Liaison Office
‘Worse than the disease’
20 October, 2015 at 15:30
PROVIDED THAT the Senate does its part—and does it well—we should have another landmark law coming in November. It’s almost certain that the 16th Congress could add the Customs Modernization and Tariff Act (CMTA) to its list of key achievements.
Lawmakers nix plan to revive pre-shipment inspection
16 October, 2015 at 09:09
Congress is backing exporters in their stand against the revival of the pre-shipment inspection (PSI) scheme, stressing the need for further trade facilitation.
Angara calls for passage of Customs Modernization...
29 September, 2015 at 16:11
Senator Sonny Angara on Monday has sponsored the Customs Modernization and Tariff Act (CMTA) which seeks to simplify, modernize and align the country’s customs procedures with global best practices.
House finalizes Customs modernization bill
28 September, 2015 at 12:55
MANILA, Philippines – The House of Representatives is finalizing the bill that will modernize the Bureau of Customs (BOC) and minimize smuggling and corruption.
Customs modernization can’t wait
24 September, 2015 at 12:30
RATHER THAN be seen as a hotbed of massive graft and corruption, the Bureau of Customs can actually play a key developmental role in government.
Business Groups Press for Customs Modernization and...
20 September, 2015 at 10:30
The Joint Foreign Chambers (JFC) have reiterated their recommendation to
Senate and House leaders to pass the Customs Modernization and Tariff Act (CMTA).
Congress studying exemption from salary rules for...
25 August, 2015 at 10:43
Congress studying exemption from salary rules for Customs Posted on August 19, 2015 08:40:00 PM WAYS AND MEANS Committee Chairman Senator Juan
