spot_img
28.1 C
Philippines
Friday, March 29, 2024

Clark exports, imports eased

- Advertisement -

The Bureau of Customs has granted the request of investors in the Clark Freeport Zone to simplify the steps in the processing of import and export permits, including the conduct of x-ray inspections at the clearance area.

Customs Commissioner Alberto Lina announced the latest development during the 2nd General Assembly of Clark Investors and Locators Association forum recently held at the Convention Hall of Widus Hotel and Casino.

Clark Development Corp. endorsed the simplified process in consultations with investors.

CDC president Arthur Tugade in a statement welcomed the approval of the request, saying it was part of the program of the state-run agency to ease doing business in Clark.

Customs also issued a rationalized “bring in and bring out” policy and a full automation of processing.

- Advertisement -

The policy will be implemented by end-August while full automation will be done by 2016.

CDC’s trade facilitation department said part of the enhancement of doing business in Clark was the conduct of x-ray inspections of incoming shipments in Clark.

Customs approved the exemption of Clark locators from the client profile registration system in which their certificate of registration or tax exemption will be used in the processing of import and export transactions of Clark-based enterprises.

CDC is set to issue comprehensive guidelines in the CPRS exemption for the guidance of Clark locators.

Lina is also expected to issue a Customs memorandum order to remove underguarding on import and export shipments and removal of fees for bonds on imports.

The bureau requested Clark locators to clear their shipments in the Port of Manila on Fridays so they can be pulled out and delivered to the economic zone on Saturdays and Sundays. The arrangement will reduce port congestion in the Port of Manila.

Lina informed the locators that the offices of Customs in Clark and Subic would be open on Saturdays.

Customs collection sank 8.5 percent year-on-year in April, the first drop this year, following the leadership changes at the bureau and the double-digit decline in prices of imported petroleum products.

Customs said earlier it collected P28.141 billion in import duties in April, down from P30.764 billion collected in the same month last year.

- Advertisement -

LATEST NEWS

Popular Articles