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Bureau of Customs employees face longer prison sentences and higher fines if they are proven to have pilfered balikbayan boxes or extorted money from overseas Filipino workers (OFWs) in exchange for the release of hand-carried or shipped cargo, Senate President Pro-Tempore Ralph Recto said yesterday.

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The Senate has approved on third and final reading the Customs Modernization and Tariff Act (CMTA), which also raises to P150,000 from P10,000 the tax-exempt value of pasalubong cargo brought in or sent by Filipinos overseas.

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Senate President Pro-Tempore Ralph Recto on Sunday said a new “Balikbayan Box Law” (BBL) is now pending for approval in the Senate after it was consolidated with a Customs reform bill.

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                    [Title] => Solon wants to raise tax exemption of balikbayan boxes
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BALIKBAYAN BOX LAW

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abtest

For shipment not exceeding P150,000: Balikbayan boxes free from duties, taxes — BoC

By Mitchelle L. Palaubsanon | October 20, 2020 - 12:00am

The Bureau of Customs has reiterated that balikbayan boxes are exempted from duties and taxes provided they do not exceed P150,000 in a year and are for personal use only.

Cebu News

Akitin ang magandang suwerte (Last Part)

By Fortuna | May 31, 2016 - 12:00am

Kung animal sign mo ay Horse: Three legged frog, na kulay bronze o yari sa bron­ze, at idinispley sa northwest ng kanyang bedroom ang mag­bibigay ng ma­laking suwerte sa iyo.

Para Malibang

BOC workers face P1-M fine, 12 years for pilfering balikbayan boxes

By Christina Mendez | January 31, 2016 - 9:00am

Bureau of Customs employees face longer prison sentences and higher fines if they are proven to have pilfered balikbayan boxes...

Metro

Value of tax-exempt balikbayan goods raised to P150,000

By Christina Mendez | January 19, 2016 - 9:00am

The Senate has approved on third and final reading the Customs Modernization and Tariff Act (CMTA), which also raises...

Headlines

New ‘Balikbayan Box Law’ for approval in Senate

By Rosette Adel | October 24, 2015 - 11:20pm

Senate President Pro-Tempore Ralph Recto on Sunday said a new “Balikbayan Box Law” (BBL) is now pending...

Headlines

Solon wants to raise tax exemption of balikbayan boxes

By Rosette Adel | September 29, 2015 - 3:56am

A lawmaker on Tuesday proposed to raise of taxes and custom duties exemption of balikbayan boxes at the House of Represe...

Headlines

Palace: Time to review tax-exempt limit on balikbayan boxes

By Louis Bacani | August 26, 2015 - 1:17am

Malacañang on Wednesday welcomed the bill filed by Sen. Ralph Recto that would increase the tax-exempt value of the...

Headlines

100% inspection for shipped boxes

By Evelyn Macairan | August 25, 2015 - 10:00am

Instead of a random physical inspection of balikbayan boxes, the Bureau of Customs (BOC) will use X-ray machines to thoroughly...

Headlines