Business World

Customs blacklists 261 more importers in June

- — Elijah Joseph C. Tubayan

THE BUREAU of Customs (BoC) revoked the licenses of more importers and brokers this month, following failure of the traders to provide satisfacto­ry responses to show-cause orders.

According to the bureau’s Accounts Management Office, 261 import and broker licenses were ordered for de-listing this month.

The total was up 77% from May’s 146 licenses revoked.

On top of the blackliste­d traders, 20 more customs brokers were issued show- cause orders after the BoC’s initial findings of alleged illicit activity.

If the traders fail to provide a satisfacto­ry response, the BoC will immediatel­y order revocation of their licenses.

Since the start of the year, the bureau has revoked 613 accreditat­ions, including those traders that have not updated their contact informatio­n, and those whose licenses have been blocked for reactivati­on. This is equivalent to 5.57% of the 11,000 total registered importers and customs brokers.

Sought for confirmati­on, BoC spokespers­on and Office of the Commission­er Chief of Staff Mandy Therese M. Anderson said that the revocation­s are “final.”

Customs Commission­er Nicanor E. Faeldon initiated the clean-up of the registry in January, amid multiple findings of alleged misdeclara­tion and use of falsified informatio­n.

He said earlier that he is not worried about purging the list as many others are applying.

The BoC is reviewing its records for the past six years for anomalous transactio­ns, and are releasing new blacklists every week.

According to Mr. Faeldon, the BoC estimates around P200 billion worth of losses to the government from technical smuggling.

 ??  ?? SINCE the start of the year, the Bureau of Customs has revoked 613 accreditat­ions, including those traders that have not updated their contact informatio­n, and those whose licenses have been blocked for reactivati­on.
SINCE the start of the year, the Bureau of Customs has revoked 613 accreditat­ions, including those traders that have not updated their contact informatio­n, and those whose licenses have been blocked for reactivati­on.

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