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                    [ArticleID] => 197490
                    [Title] => BOC urged to tighten screws on undervalued shoe imports
                    [Summary] => The Samahan ng Magsasapatos sa Pilipinas (SMP) is urging the Bureau of Customs (BOC) to adopt stricter measures in monitoring the entry of undervalued shoe imports.


The SMP noted that the BOC has a "three-lane"system color-coded  as the green, yellow and red. The green lane is for unrestricted entry without the need to present documents or undergo physical examination by a customs examiner.


The yellow lane requires importers to present pertinent documentation attesting to the value of the goods and the payment of corresponding duties and taxes.


                    [DatePublished] => 2003-03-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 195713
                    [Title] => Tax losses due to undervalued shoe imports estimated at P14B
                    [Summary] => The government is estimated to have lost around P14 billion in taxes and duties from undervalued footwear imports since 1997, according to the Samahan ng Magsasapatos sa Pilipinas (SMP).


According to the SMP, the government has allowed imports (primarily from China) to dominate the market. Unfortunately, the SMP complained, the government has not ensured that it collects the proper taxes and duties on such imports.


                    [DatePublished] => 2003-02-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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MAGSASAPATOS

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                    [ArticleID] => 197490
                    [Title] => BOC urged to tighten screws on undervalued shoe imports
                    [Summary] => The Samahan ng Magsasapatos sa Pilipinas (SMP) is urging the Bureau of Customs (BOC) to adopt stricter measures in monitoring the entry of undervalued shoe imports.


The SMP noted that the BOC has a "three-lane"system color-coded  as the green, yellow and red. The green lane is for unrestricted entry without the need to present documents or undergo physical examination by a customs examiner.


The yellow lane requires importers to present pertinent documentation attesting to the value of the goods and the payment of corresponding duties and taxes.


                    [DatePublished] => 2003-03-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 195713
                    [Title] => Tax losses due to undervalued shoe imports estimated at P14B
                    [Summary] => The government is estimated to have lost around P14 billion in taxes and duties from undervalued footwear imports since 1997, according to the Samahan ng Magsasapatos sa Pilipinas (SMP).


According to the SMP, the government has allowed imports (primarily from China) to dominate the market. Unfortunately, the SMP complained, the government has not ensured that it collects the proper taxes and duties on such imports.


                    [DatePublished] => 2003-02-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

BOC urged to tighten screws on undervalued shoe imports

By Marianne V. Go | March 3, 2003 - 12:00am

The Samahan ng Magsasapatos sa Pilipinas (SMP) is urging the Bureau of Customs (BOC) to adopt stricter measures in monitoring the entry of undervalued shoe imports. The SMP noted that the BOC has a "three-lane"system...

Business

Tax losses due to undervalued shoe imports estimated at P14B

By Marianne V. Go | February 17, 2003 - 12:00am

The government is estimated to have lost around P14 billion in taxes and duties from undervalued footwear imports since 1997, according to the Samahan ng Magsasapatos sa Pilipinas (SMP). According to the SMP, the...

Business