The SGV Customs team conducted a complimentary Customs Updates seminar for various clients/importers located in Davao on 13 December 2022 at the SGV Davao office. The SGV Customs Updates seminar was headed by Indirect Tax and Customs Partner Atty. Stephanie V. Nava (SVN) and featured discussions led by Senior Director Atty. Jo Ann Marie O. Casio, Associate Director Atty. Dawna Fya O. Bandiola, and Senior Associates Atty. Michelle V. Alvaro and Atty. Andrea Nicole C. Loreno.
SGV Davao clients/importers at the Customs Updates seminar
SGV Davao Tax Partner Saha P. Adlawan-Bulagsak (SAB) delivered the opening remarks and Atty. Jo Ann initiated the discussion by giving an introduction on the Bureau of Customs (BOC) processes. She also explained the Post Clearance Audit (PCA) and Prior Disclosure Program (PDP) processes. Atty. Dawna provided an in-depth lecture on the Authorized Economic Operator (AEO) Program, Strategic Trade Management Act (STMA), and New Rules on Accreditation of Importers.
The SGV Customs team with SGV Davao Partners Saha P. Adlawan-Bulagsak and Jose Raoul J. Balisalisa
The SGV Customs Team with SGV Davao Partners Saha P. Adlawan-Bulagsak and Jose Raoul J. Balisalisa
Atty. Nicole then described the phases of establishing and operating a Customs Bonded Warehouse. She also presented updates on the 2022 ASEAN Harmonized Tariff Nomenclature (AHTN 2022) and discussed the Tariff Classification/Dispute Ruling.
Atty. Michelle provided clarification on the list of imported articles that no longer require the issuance of an Authority to Release Imported Goods (ATRIG) prior to release from the custody of the Bureau of Customs. She discussed the implementation of the Net Weight per Line-Item Declaration for All PEZA Shipments and updated the clients on other recent customs issuances.
The seminar concluded with a message from SGV Davao Partner-in-charge Jose Raoul J. Balisalisa (JJB) who thanked the attendees for their time and mentioned that the Customs Updates seminar is part of the thought leadership initiatives of the Firm.