No More Fees on Balikbayan Boxes
This photo is taken from www.thefilipinoaustralian.com via Google. Good news for Filipinos who receive balikbayan boxes from abroad: the Bureau of Customs (BOC) will no longer collect the import processing fee of P250 for packages arriving in the country’s ports. BOC has waived the import processing fee for packages sent by sea freight through Customs Administrative Order (CAO) No. 08-2014 which took effect last 15 November. “ No amount shall be collected as import processing fee on any importation filed through informal entry ,” Commissioner John P. Sevilla said in the recent order. “ The BOC shall cease to collect the import processing fee ,” he added. Courtesy of www.pinoy-ofw.com through Google. In the same order, he reduced the “amount of Documentary Stamp Tax for Informal Entry” from P265 to P15. He said that an amount of P15 shall be collected from each importation filed through the informal entry. Around 5.5M balikbayan boxes are shipped to the country every year and...