BCDA backs gov’t smuggling crackdown
The Bases Conversion and Development Authority (BCDA) recently said it is extending its full support to the government’s bid to crackdown on the technical smuggling of used vehicles and said they "will not allow any of the seaports and economic zones under its jurisdiction to be used in the illegal entry of unauthorized vehicles and other undocumented imported goods."
In line with this move, BCDA and its subsidiary Poro Point Management Corporation (PPMC) vowed for the "stricter implementation of the provisions of Executive Order 156 in the Poro Point Special Economic and Freeport Zone (PPSEFZ).
Executive Order 156 or the Comprehensive Industrial Policy and Directions for the Motor Vehicle Development Program, issued on 12 December 2002, provides for the restructuring of the Most Favored Nation (MFN) tariff rates for motor vehicles and their raw materials, parts and components at such rates that will encourage the development of the Philippine motor vehicle industry.
PPMC President Juanito F. Antonio also pointed out that while the freeports are there for the speedy movement of goods and thus enhance economic activity and provide livelihood for the nearby regions, the BCDA through PPMC will continue to ensure that much needed revenues will not be lost by the government through smuggling.
Antonio said that importation of goods in the PPSEFZ "has to comply with the strict requirements of the law." He added that "BCDA through PPMC will continue to apply existing rules within the PPSEFZ and will not issue import permits without full compliance with the required procedures and submission of the requisite documents."
In line with this move, BCDA and its subsidiary Poro Point Management Corporation (PPMC) vowed for the "stricter implementation of the provisions of Executive Order 156 in the Poro Point Special Economic and Freeport Zone (PPSEFZ).
Executive Order 156 or the Comprehensive Industrial Policy and Directions for the Motor Vehicle Development Program, issued on 12 December 2002, provides for the restructuring of the Most Favored Nation (MFN) tariff rates for motor vehicles and their raw materials, parts and components at such rates that will encourage the development of the Philippine motor vehicle industry.
PPMC President Juanito F. Antonio also pointed out that while the freeports are there for the speedy movement of goods and thus enhance economic activity and provide livelihood for the nearby regions, the BCDA through PPMC will continue to ensure that much needed revenues will not be lost by the government through smuggling.
Antonio said that importation of goods in the PPSEFZ "has to comply with the strict requirements of the law." He added that "BCDA through PPMC will continue to apply existing rules within the PPSEFZ and will not issue import permits without full compliance with the required procedures and submission of the requisite documents."
posted by jhecs at
1:57 PM
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