Importing into the Philippines is pretty a straight forward process.
Provided the guidelines provided by the Bureau of Customs are adhered to.
Goods entering the Philippines’ territories are either regulated, restricted or prohibited due to domestic reasons.
They are classified under the following 4 classes;
- Free Importation and Exportation
- Regulated Importation and Exportation
- Restricted Importation and Exportation
- Prohibited Importation and Exportation
Hardcopy of Single Administrative Document (SAD) signed the declarant and customs broker must be submitted to the Formal Entry Division (FED) alongside,
- Commercial Invoice.
- Packing List.
- Duly notarized Supplemental Declaration on Valuation.
- Duly endorsed Bill of Landing or Airway Bill.
- All documents that may be required by specific rules and regulations.
Goods declaration must be lodged within 15 days from the date of discharge of the last package from the vessel or aircraft.
Goods imported into the Philippines are subject to duty and taxes upon importation.
Importation would begin when vessel or aircraft enters Philippine’s territories with the intention to unload therein.