A new set of rules for balikbayan box sent by Filipinos to the Philippines will take effect next month, senders may expect delays or incur additional duties and taxes, report said in gulfnews.com
Starting August 1, 2017, all senders of balikbayan box to the Philippines will be subjected to stricter requirements, as stipulated under Philippine Bureau of Customs memorandum order 04-2017.
Starting August 1, 2017, all senders of balikbayan box to the Philippines will be subjected to stricter requirements, as stipulated under Philippine Bureau of Customs memorandum order 04-2017.
The said rules will seek to promote transparency and prevent smuggling on imported items.
The order requires sender to submit three copies of information sheets indicating the sender and Philippine-based recipients as well as shipment details. They should also submit supporting documents such as biographical page of their Philippine passport, copy of invoice, and receipts of payments for the goods contained in the balikbayan box.
The order requires sender to submit three copies of information sheets indicating the sender and Philippine-based recipients as well as shipment details. They should also submit supporting documents such as biographical page of their Philippine passport, copy of invoice, and receipts of payments for the goods contained in the balikbayan box.
Dual citizens sending balikbayan boxes to the Philippines must include proof of their dual citizenship.
BOC said there is no limit to the number of balikbayan boxes that OFWs can send per shipment provided that its total value should not be more than P150,000 in a calendar year. The 22-page Customs Memorandum Order 04-2017 was signed by BOC Commissioner Nicanor Faeldon on Jan. 20, 2017.
All about sending the Balikbayan Box. What you need to know?
BOC Commissioner Nicanor Faeldon of the Bureau of Customs also posted the following rules on Facebook.
1. Senders of balikbayan boxes no need to fill up an information sheet declaring all the contents in the box or produce a receipt, if they are willing to pay duties and taxes for the goods being shipped.
2. Contents in balikbayan boxes are exempt from taxes provided they don't exceed more that P150,000 in total value.
3. Declaration of goods is important because it is for the protection of the sender, to ensure that the parcel gets delivered.
4. Receipts are not required for used items, groceries, gifts and other goods worth less than P10,000.
5. When filling up the declaration form or information sheet, theres no need to be very precise with the costs. Estimated amount will do.
6. Official receipts is required for brand new items worth more than P10,000 each.
BOC Commissioner Nicanor Faeldon of the Bureau of Customs also posted the following rules on Facebook.
1. Senders of balikbayan boxes no need to fill up an information sheet declaring all the contents in the box or produce a receipt, if they are willing to pay duties and taxes for the goods being shipped.
2. Contents in balikbayan boxes are exempt from taxes provided they don't exceed more that P150,000 in total value.
3. Declaration of goods is important because it is for the protection of the sender, to ensure that the parcel gets delivered.
4. Receipts are not required for used items, groceries, gifts and other goods worth less than P10,000.
5. When filling up the declaration form or information sheet, theres no need to be very precise with the costs. Estimated amount will do.
6. Official receipts is required for brand new items worth more than P10,000 each.
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