From the Bureau of Internal Revenue
The Bureau of Internal Revenue (BIR) is reminding once again all importers and customs brokers that July 31, 2014, is the deadline for them to comply with accreditation requirements of the tax agency.
The deadline for compliance was first extended to June 30, 2014. Now, importers and customs brokers have until the end of the month to apply for accreditation with the BIR, a requirement they have to comply with before they are accredited by and allowed to transact with the Bureau of Customs (BOC).
Failure on their part to comply with the accreditation requirements will lead to the cancellation of their existing BOC accreditation effective August 1, 2014, or the date of the expiration the said accreditation, whichever comes first.
The BIR previously issued Revenue Memorandum Order Nos. 10-2014 and 22-2014 to set the guidelines, policies and procedures in the accreditation of Importers and Customs Brokers before they can be accredited by the BOC.
“There will be no more extension of the new deadline,” said Commissioner of Internal Revenue Kim S. Jacinto-Henares.
Commissioner Henares called on all importers and customs brokers to immediately comply with the BIR’s accreditation requirements, which have been simplified and made easier.
She said, “We believe we have given them enough time to comply with our accreditation requirements since this is already the second deadline extension given to them. This is part of our reform program and good governance initiatives and we call on all concerned to be part of this process.”