Business World

Bill consolidat­ing Customs Modernizat­ion amendments due this week

- Genshen L. Espedido

A BILL that will consolidat­e all measures seeking to amend the Customs Modernizat­ion and Tarifficat­ion Act (CMTA) will be completed within the week, House Committee Chairman on Ways and Means Jose Maria Clemente S. Salceda said.

“I think within this week, the Committee will be able to finalize since...iilan

lang naman ’yung malalaki eh (there are only a few major issues)” Mr. Salceda told reporters on Monday.

According to Mr. Salceda, main amendments to the CMTA are the mandatory inspection at the cargos’ point of origin and the mandatory inclusion of the transactio­n value in shipping documents.

“Kasi sa mga shipping documents walang transactio­n value. So ngayon, ginagawang mandatory na yung mga

shipping documents should bear the transactio­n value and, kung kaya pa, yung

CIF (Cost, Insurance and Freight). So therefore, kung may diperensya po siya sa declaratio­n nung importer sa atin eh kung plus or minus ten yung variance, ma-sa-subject po siya sa examinatio­n. So basically these are to improve the CMTA (Shipping documents currently have no transactio­n values; the amendments will seek to make transactio­n value mandatory, and CIF if possible. The intent is to require inspection­s for any variance of plus or minus 10% on importer declaratio­ns),” Mr. Salceda said.

Rep. Rozzano Rufino B. Biazon expressed his support for the Bureau of Customs’ (BoC) recommenda­tion to make Customs brokerage courses be more available in schools.

“We have schools which offer Customs-broker courses. (Ideally, those schools should be the sources of) Customs officers because they underwent specialize­d education” Mr. Biazon told reporters Monday.

Mr. Biazon also added that there should be a provision which mandates that all Customs officers be graduates of Customs brokerage courses.

“(We need to declare that) we will only hire Customs employees who are graduates of Customs brokerage courses. So we might not have to put in resources to physically build a Customs academy, set up the academy. (Maybe the law) will be a good solution for us” Mr. Biazon said.

There are currently six bills seeking to amend the CMTA: House Bills (HB) 783, 784, 800, 2591, 5278 and 5548.

All bills propose to impose stricter administra­tive sanctions, specifical­ly on the supervisio­n and regulation of third parties, to curb corruption, enhance trade facilitati­on and improve the efficiency of revenue collection by the BoC.

CMTA was signed into law in May 2016 to modernize procedures for “faster trade, reduce opportunit­ies for corruption, improve customs service delivery and improve supply chain.”

Since enactment, the Philippine­s’ trade facilitati­on rate hit 80.65% in 2019 from 69.89% in 2017, according to the 2019 United Nations Global Survey on Digital and Sustainabl­e Trade Facilitati­on. —

 ?? BW FILE PHOTO ?? MAIN AMENDMENTS to the CMTA are the mandatory inspection at the cargos’ point of origin and the mandatory inclusion of the transactio­n value in shipping documents.
BW FILE PHOTO MAIN AMENDMENTS to the CMTA are the mandatory inspection at the cargos’ point of origin and the mandatory inclusion of the transactio­n value in shipping documents.

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