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Tuesday, June 18, 2024

Shipping firm asks tax court for case review

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The Seaworld Management and Trading Inc.  has filed a petition for review before the Court of Tax Appeals   over the forfeiture of  the P1-billion  MT Alpine vessel by the Bureau of Customs  on Dec. 17, 2016. 

Customs said that SMTI questioned the legality of the  forfeiture by the BOC-Port of Limay and appealed to CTA for the release of the vessel. 

MT Alpine was accused of   unlawful discharge and transfer of fuel oil to MT Malolos without having paid  taxes. 

District Collector Julius Premediles, head of Port of Limay,  disputed SMTI’s claim for appeal. 

“The non-payment of duties and taxes on the subject shipment which was discharged via loop loading from their vessel to MT Malolos qualifies the importation as contrary to law thus subject to seizure and forfeiture,”  Premediles said. 

He stressed that SMTI should have exhausted all administrative remedies before bringing the case to the CTA. 

The vessel was forfeited in favor of the state in accordance with Section 1113 (a) of the Customs Modernization and Tariff Act of 2016 and other customs laws, rules, and regulations. 

Customs Commissioner Nicanor Faeldon has reminded illegal traders to straighten up and strictly observe the rules to avoid problems. 

“We are guarding all forms of illicit trade no matter how big or small the company, especially agricultural products, cigarettes, drugs, and fuel,” he said. 

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