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Wednesday, June 19, 2024

Marcos orders single electronic invoicing system for all imports

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President Ferdinand Marcos Jr. issued Administrative Order No. 23 to adopt a single electronic invoicing system to improve inspection of all goods imported into the country.

This is to facilitate digital and integrated pre-border technical verification and cross-border electronic invoicing of all imported commodities.

It aims to expedite the inspection of all imported goods and further strengthen national security, safeguard consumers’ rights and protect the environment against sub-standard and dangerous imported goods.

“A single electronic invoicing system controlled by the Philippine government is necessary to effectively monitor international trade transactions of all imported goods,” the AO read.

The order AO, signed by Executive Secretary Lucas Bersamin on May 13, also created the Committee for Pre-border Technical Verification and Cross- border Electronic Invoicing.

The committee will be composed of the secretary of finance as the chairperson, with the secretaries of agriculture, trade, energy, health, environment and natural resources and information communications technology as members.

Other members include the Bureau of Customs commissioner, director general of the Philippine Drug Enforcement Agency (PDEA) and two non-voting representatives from duly recognized industry associations to be appointed by the chairperson upon recommendation of the committee.

The BOC, as the primary government entity responsible for implementing customs procedures, is implementing the electronic invoicing system in accordance with the government’s strategic direction and policy guidance, international trade standards and existing laws and regulations.

The provisions of the order will be applied to all imported-commodities in three phases, with phase one covering agricultural goods; phase two, non-agricultural goods with health and safety issues; and phase three, other goods with misdeclaration to avoid duties and taxes.

Republic Act No. 10863 or the Customs Modernization and Tariff Act directs the state to develop and implement programs for the continuous enhancement of customs systems and processes.

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