THE Bureau of Customs (BOC) has generated more than P80 million in the first quarter of the year from the disposal of overstaying containers nationwide.
The BOC said in a statement yesterday it disposed 304 overstaying containers through public auction, condemnation and donation in January to March 2022.
The agency raked in an aggregate value of P80.76 million from the public auction of 96 containers of assorted items such as rice and galvanized steel, among others.
Meanwhile, 38 containers of twine, yarn droppings and cuttings were donated to various agencies while 170 containers of used clothing, rotten foodstuff, used oil and used furniture, among others, were condemned during the said period.
In relation to customs administrative order 17-2019, cargoes which weren’t withdrawn within the regulatory period of 30 calendar days from payment of duties, taxes and other charges shall be deemed abandoned, unless covered by duly issued alert order, and upon the finality of the Decree of Abandonment.
The bureau shall then determine the proper disposition among auction, condemnation or donation.
The said forfeited containers were disposed of in accordance with Sections 1139 and 1141 of the Customs Modernization and Tariff Act, which provide for the conditions and modes of disposition, respectively.
The BOC added it will remain steadfast in its efforts of ensuring unhampered delivery of its services, especially in these trying times that the movement of goods, essentials and non-essentials is deemed both substantial and critical. (Malaya Business Insights/Angela Celis)
