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Thursday, August 30, 2007

 

SBMA implements new 
rules to curb smuggling


SUBIC BAY Freeport: More stringent measure will now be implemented by the Subic Bay Metropolitan Authority to help lessen if not stop smuggling in Subic Freeport.

In a press conference SBMA Administrator Armand Arreza told reporters here on Tuesday that the agency would now require importers in Subic to obtain clearance from the Bureau of Import Services (BIS), and to provide the exact details of shipments brought into the Freeport.

Arezza added that the board of Director would also bring in a third party to undertake real time audit of goods entering and exiting Subic.

The new measure also seeks to require importers to provide specific specification on cargoes brought into Subic which SBMA thinks would help prevent misdeclaration and undervaluation of goods, which are common forms of smuggling in Subic.

“Sometimes importers would just declare that their cargo consisted of a passenger car, which would later turn out to be a Lamborghini. By requiring importers to declare specifics at the outset, we hope to close that window of opportunity to misdeclare or undervalue their imports,” Arreza said.

He added that even the Automated System for Customs Data [ASYCUDA] “would be useless if no specific information is fed into the system.”

On its own, the SBMA has also imposed a moratorium on the registration of companies that import vehicles into Subic, and delisted 45 vehicle importers found to be involved in anomalous trading, Arreza said.

The result, he said, is that only 35 vehicle importers now remain in Subic from the previous total of 80.

The remaining firms are still subject to the joint SBMA-BOC audit to see whether their liquidation reports matched records at the SBMA’s Import-Export Office, he said. Anthony Bayarong.

   
 

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Severino O. Frayna Jr., Benjie Dela Rosa
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