Compliance of Documentary Requirements
Compliance of Documentary Requirements
Compliance of Documentary Requirements
B. Revenue Collection
1. Forfeiture of cash bond posted at BOC cashier equivalent to 100% of the assesed
duties and taxes
2. Excess in the allowed number of appliance all subject to the payment of
corresponding duties and taxes
3. The amount of appliances in excess of FCA Value of Php 150,000 and subject to
corresponding duties and taxes
4. Collection of service fee amounting to Php 30