BoC rules on warehouse entries to consumption

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BOC CUSTOMS MEMORANDUM ORDER NO. 26 - 2008: BoC rules on warehouse entries to consumption

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Title Source: Supreme Court: BoC rules on warehouse entries to consumption

Law: Boc Customs Memorandum Order No. 26 - 2008

Decision Date: Jun 5, 2008

BOC Customs Memorandum Order No. 26-2008 mandates that customs bonded warehouse operators must obtain written approval for the payment of taxes and duties on goods converted from warehousing to consumption entries, limiting domestic withdrawals to 30% of a shipment to uphold the integrity of customs regulations.

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