chuvaness
Imports below P10,000 now tax-free
Posted on
tax_free_240616_2

Good news for online shoppers like me!! And thank you Duterte government for this piece of good news, which I got from the Philippine Star.
Based on this article by Evelyn Macairan, starting October 5, goods worth Php 10,000 and below will be exempted from Custom duties and taxes.

BOC Commissioner Nicanor Faeldon said the new rule is one of the salient features of Customs Administrative Order (CAO) 02-2016, which covers imported goods with de minimis value.
The CAO will implement Section 423 of the Customs Modernization and Tariff Act, which provides that “no duties and taxes shall be collected on goods with a freight on board or free carrier value of Php 10,000 or below.”

De minimis refers to the value of goods exempted from duties and taxes.
Goods with de minimis value are considered importation with negligible amount and entitled to immediate release.

The new rule is an upgrade from the decades-old Tariff and Customs Code of the Philippines, which only provided P10 as the de minimis threshold.
“This is good news for Filipinos, who can now fully enjoy their small purchases from other countries. I trust that everyone will strictly abide by the provisions of the CAO,” Faeldon said.

Change is indeed coming.

Related Posts Plugin for WordPress, Blogger...

  • RT

    Is it better to use city address (ex. manila) than provincial address? I’m afraid of pilferage. Please help. Thanks!

    [Reply]

  • nadineheart

    I am going to be a newbie once I try this out, please bear with me haha. Q1 Do I literally just type in my home address during checkout or is there a step I need to get it to my doorstep? Last Q2 can anyone let me know how Customs will know how much it costs? Are the receipts accessible to them during inspection? Thank you to whoever will educate me 😀

    [Reply]

  • Franco

    It’s great news but this was through the efforts of the Aquino administration and not Duterte.

    [Reply]

    avatar

    CVS Reply:

    Please explain, since the memo came from Mr. Dominguez of Dutertes’s cabinet.

    [Reply]

    avatar

    blertard Reply:

    CMTA was signed by Aquino around June.
    But seriously does it matter which President signed it?

    [Reply]

  • Shaun

    I have been buying through Amazon Japan (cause the US dollar is expensive these days) and use their Amazon Global shipping to take care of the duties (DPP – Delivered Duty Paid). Since most of my items are lower than 200 dollars I am thinking to switch to the regular international shipping and handling fee. Hope someone will post their online shopping experience with the new law whether it’s on DHL or EMS.

    [Reply]

    avatar

    CVS Reply:

    according to my friend who uses Fedex, she was no longer taxed for her purchase below $200.

    [Reply]

  • David Henry

    Does this include luxury tax? For example, small appliances and shoes? 🙂

    [Reply]

    avatar

    CVS Reply:

    yes

    [Reply]

  • MK

    happiness!

    [Reply]

Social media & sharing icons powered by UltimatelySocial