BoC eases ID rules for ba­lik­bayan box tax-free priv­i­lege

Business World - - Theeconomy - Eli­jah Joseph C. Tubayan

THE Bureau of Cus­toms (BoC) has eased the ID re­quire­ments for avail­ing of the duty and taxfree priv­i­lege for ba­lik­bayan boxes val­ued at up to P150,000.

Cus­toms Mem­o­ran­dum Or­der (CMO) No. 18- 2018, dated Oct. 11, 2018 al­lows the use of other doc­u­ments to show proof of Filipino ci­ti­zen­ship for avail­ing the tax-free perk, in­stead of the ac­tual Philip­pine pass­port in pre­vi­ous rules.

The BoC will al­low pho­to­copies of a per­ti­nent page of the Philip­pine pass­port with per­sonal in­for­ma­tion, pic­ture and sig­na­ture, or in case of dual Filipino cit­i­zen with­out Philip­pine pass­port, pho­to­copy of for­eign pass­port with per­sonal in­for­ma­tion, pic­ture and sig­na­ture plus copy of proof of dual Filipino ci­ti­zen­ship; per­ma­nent res­i­dent

ID or equiv­a­lent doc­u­ment in other coun­tries; Over­seas Em­ploy­ment Cer­tifi­cate/Over­seas Work­ers Wel­fare Ad­min­is­tra­tion card; work per­mit; Uni­fied Gov­ern­ment ID is­sued by the Depart­ment of La­bor and Em­ploy­ment (DOLE); any other equiv­a­lent doc­u­ment ex­cept birth cer­tifi­cate.

“In a bid to sim­plify the rules and reg­u­la­tions on duty and tax-free con­sol­i­dated ba­lik­bayan boxes, qual­i­fied Filipinos avail­ing of the P150,000 duty and tax-free priv­i­lege are not re­quired to sub­mit the com­mer­cial in­voices of the goods con­tained in the ba­lik­bayan box. In­voices are to be sub­mit­ted only if avail­able,” the BoC added.

Qual­i­fied in­di­vid­u­als are still re­quired to sub­mit the in­for­ma­tion sheets through their freight for­warders or de­con­sol­ida­tors. —

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