Republic Act (RA) No. 10863, otherwise known as the Customs Modernization and Tariff Act (CMTA), was signed into law on 30 May 2016

The CMTA amended the Tariff and Customs Code of the Philippines (TCCP) with the aim of modernizing Customs rules and procedures for faster trade, reduce opportunities for corruption, improve Customs service delivery and improve supply chain.

The Department of Finance has established a website for the public consultation on the drafting of the Implementing Rules and Regulations (IRR) of the CMTA.

At present, there is a call for position papers and participation in the public consultation on the Customs Bonded Warehousing System. The Department of Finance is accepting Position Papers from interested private and public stakeholders from 13 October to 20 October 2016, closing exactly at midnight, Philippine Standard Time.

Upcoming consultation events (as of October 13, 2016) are (mm-dd-yy)

Topic

Posting Date

Deadline/Public Consultation

Customs Bonded Warehousing System

10-13-16

10-20-16

Balikbayan Boxes

10-20-16

10-27-16

Conditionally Tax and Duty Exempt Importation by Balikbayans, Returning Residents and Overseas Filipino Workers

10-27-16

11-03-16

Duty Drawback, Refund and Abatement

11-03-16

11-10-16

Treatment of Different Types of Stores, Clearance of Postal Items, Traveler and Passenger Baggage Processing

11-10-16

11-17-16

Entry Lodgment and Cargo Clearance Process

11-17-16

11-24-16

Abandonment – Kinds and Effects

11-24-16

12-01-16

Authorized Economic Operators

12-01-16

12-08-16

Dispute Settlement and Protest

12-08-16

12-15-16

Export Cargo Clearance and Issuance of Rule of Origin

12-15-16

12-22-16

Closed consultations
Post Clearance Audit

09-29-16

10-06-16

Alert Orders and Risk Management in Customs Control

09-15-16

09-22-16

Advance Ruling System

09-01-16

09-08-16

De Minimis Importations

08-25-26

09-01-16