• Customs seizes P10-M smuggled sugar

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    THE Bureau of Customs (BoC) seized nine containers of smuggled sugar worth about P10 million in a surprise inspection led by Commissioner Nicanor Faeldon at the Port of Manila (PoM). Faeldon said the shipment arrived on August 11 from China and was declared as “steel tube scaffolding” in violation of Section 2503 of the Tariff and Customs Code of the Philippines. The cargo was filed and paid at the Foodstuff and Beverage Section of the POM’s formal entry division, instead of Section 9 or the Iron and Steel Section as indicated in its declaration. The questionable procedure raised the red flag on the shipment, which prompted the BOC-Intelligence Group to issue an alert order stopping its release. Apart from misdeclaration, the consignee, Lucky Sapphire Trading, was also found to have paid only P535,330 for the shipment in duties and taxes, far short of the estimated value of the confiscated goods. The consignee does not have import permit from the Sugar Regulatory Administration.

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