Processing of ICC/BCC vested to BOC alone (BIR Advisory on DOF Department Order No. 011-2018)

Processing of ICC/BCC vested to BOC alone

(BIR Advisory on DOF Department Order No. 011-2018)

This Tax Alert is issued to inform all on the simplified process on the accreditation and registration of customs brokers and importers.

Pursuant to Department of Finance (DOF) Department Order No. 011-2018, the authority to accredit and register customs brokers and importers is reverted solely to the Bureau of Customs (BOC). Thus, the Bureau of Internal Revenue (BIR) will no longer accept applications for Importer’s Clearance Certificates and Brokers Clearance Certificates (ICC/BCC) starting March 1, 2018.

On a quarterly basis, the list of approved/accredited customs brokers and importers shall be transmitted by the BOC to the BIR for post-accreditation validation of tax compliance. In turn, the BIR shall immediately notify the BOC for any findings of tax deficiency or non-compliance.

Posted in Tax Alerts.