TODAY'S BUSINESS HEADLINES

For 3rd time, bidding for MRT3 maintenance contract deferred

Maynilad, First Pacific scouting for possible projects in Southeast Asia

PSEi slips to 7,268.91 after weak imports data, concern over global economy

1Q imports contract as electronics fail to pick up

Battle heats up in postpaid business, as top 2 telcos launch new plans

DA wants Customs to defer to quarantine personnel

Hog raises have complained of the influx of undervalued imported meat products

InterAksyon.com means BUSINESS

MANILA, Philippines - The Department of Agriculture wants the Bureau of Customs to help prevent the influx of undervalued meat products by tightening inspection procedures at the country's ports of entry.

Customs "must authorize and empower quarantine personnel of the DA-Bureau of Animal Industry (BAI) to reject the inspection and clearance of imported goods that are found undervalued or if the declared value is lower than the reference price,” Alcala said in a letter to Finance Secretary Cesar Purisima.

The Department of Finance supervises Customs.

Under existing guidelines, quarantine documentation, inspection and clearance release procedures are conducted only after Customs has completed its processing and collection of duties and taxes.

In countries like Australia, however, collection of duties and taxes is done only after the shipment passed quarantine procedures.

Alcala said BAI personnel should be given authority to reject applications and requests for Veterinary Quarantine Clearance (VQC), unless importers show proof of correct payment of duties and taxes of previous importation.

“If the commodities will not pass quarantine inspection, Customs personnel will no longer need to charge taxes because we will no longer allow them to exit the port,” Alcala said.

“This will ensure a fair playing field and competition in the local hog industry,” he said.

The agriculture chief also asked that Customs impose a $2.102 reference price for each kilo of carcasses and half carcasses, $2.12 a kilo for hams, shoulder and pork cuts with bones, and $2.97 for prime pork cuts.

Local poultry and pork producers have complained of technical smuggling, blaming the surge in undervalued meat products on corruption at the country's ports of entry.

 

InterAksyon.com means BUSINESS

BUSINESS NEWS  
OTHER BUSINESS STORIES  

Business For 3rd time, bidding for MRT3 maintenance contract deferred
Business Maynilad, First Pacific scouting for possible projects in Southeast Asia
Business PSEi slips to 7,268.91 after weak imports data, concern over global economy
Business 1Q imports contract as electronics fail to pick up
Business Battle heats up in postpaid business, as top 2 telcos launch new plans
Business Philippine banks run by 'lazy brokers', Monetary Board member says
Business Philippines may no longer have best-performing market in 2H, Goldman Sachs says
Business VP Binay, Finance chief at loggerheads over proposed removal of tax perks for mass housing
Business Sarah Jessica Parker inaugurated 'illegally' built SM mall, BCDA says
National | Business EXCLUSIVE | Zest Air suspends flights to Taiwan
Business Lamborghini-driving Ayala Alabang resident sued for tax evasion
Business PAL imposes fine on late passengers, cuts baggage allowance
Business MINDANAO PEACE DIVIDEND | Thai palm oil factory to rise in North Cotabato