6 days Duty-free import of critical goods okayed Manilatimes |Biz
Rules on the tax and duty-free importation of goods critical in boosting the country’s health care capacity and facilitate the “blended” or online learning system amid the coronavirus disease 2019 have been approved. In a statement on Tuesday, the Department of Finance (DoF) said its chief, Carlos Dominguez 3rd, already greenlighted the implementing rules and regulations of the Bureau of Customs’ Customs Administrative Order (CAO) 12-2020. The order establishes the compliance system for importers and manufacturers entitled to exemption from import taxes, duties and fees as set under Republic Act 11494, or the “Bayanihan to Recover as One Act” ... more