Automated IPF Collection for Warehousing

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BOC CUSTOMS MEMORANDUM ORDER NO. 23-97: Automated IPF Collection for Warehousing

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Title Supreme Court: Automated IPF Collection for Warehousing

Law: Boc Customs Memorandum Order No. 23-97

Decision Date: Aug 15, 1997

The Bureau of Customs implements an automated collection system for the Import Processing Fee (IPF) on warehousing entries, requiring Customs Bonded Warehouse operators to establish pre-payment funds based on their industry classification to streamline processing and reduce congestion at the Collection Division.

import processing

automated collection

warehousing entries

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