Cao 3 2016 PDF
Cao 3 2016 PDF
Cao 3 2016 PDF
DEPARTMENT OF FINANCE
BUREAU OF CUSTOMS
MANILA 1099
Section 1. Scope.
Section 2. Objectives.
Section 3. Definition of Terms. For purposes of this CAO, the following terms are
defined accordingly:
3.1. Advance Ruling - an official written and binding ruling issued by the
Commissioner of the Bureau of Customs (BOC) which provides the
Requesting Person with an assessment of: (1) origin, or (2) treatment
to be applied on a certain element of customs value, prior to an import
or export transaction for a specified period.
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4.8.2. An Advance Ruling shall take effect on the date it is issued,
unless another date is specified in the ruling, provided that the
facts or circumstances on which the ruling is based remain
unchanged as of the time of importation. The Advance Ruling
shall be valid for a period of three (3) calendar years from date
of its issuance, unless a shorter period is provided for in the
ruling due to the nature of the application - which shall be
clearly stated in the Advance Ruling.
a. Clerical error;
b. Change of matenal facts and circumstances after issuance of
the Ruling;
c. Misleading information based on excusable neglect or honest
mistake; and
d. Change in applicable law
Section 9. Effectivity.This CAO shall take effect fifteen (15) days after its
complete publication in the Official Gazett:e or a newspaper of general circulation.
The Office of National Administrative Register (ONAR) of the UP Law center shall be
provided a three (3) certified copies of this CAO.
^ c / W T O A g r e e m e n t o n T r a d e F a c i l i t a t i o n , A r t i c l e 3, P a r . 8; 9.6 S t a n d a r d , Chapter 9 o f G e n e r a l A n n e x ,
RKC
Informational Section. As the title denotes this only provide information and does
not give rise to any substantive or formal rights or obligations.