The Philippine Institute of Certified Public Accountants (PICPA) East Metro Manila Chapter organized a webinar titled Basic Customs Rules on Import and Export of Goods last 19 October 2021. PICPA Eastern Metro Manila representative Alexander Querido hosted the event and welcomed over 90 participants to the webinar. He also introduced the speaker, SGV Indirect Tax Senior Director Atty. Alden Patrick C. Labaguis.
PICPA East Metro Manila webinar attendees
Atty. Labaguis provided a comprehensive discussion on the basic customs rules on import and export to the PICPA Eastern Metro Manila chapter members. He started the topic with a brief overview of the Bureau of Customs and the governing law which is the CMTA; thereafter, he proceeded with a detailed discussion on Export, Import and addressed the penalties under the CMTA. Lastly, he also briefly discussed the CREATE Law updates in relation to Customs.
The webinar concluded with an open forum moderated by Mr. Querido where Atty. Labaguis addressed the participants’ questions.