BOC Customs Bond Obligation and Liquidation Rules

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BOC CUSTOMS ADMINISTRATIVE ORDER NO. 12-2003: BOC Customs Bond Obligation and Liquidation Rules

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Title Supreme Court: BOC Customs Bond Obligation and Liquidation Rules

Law: Boc Customs Administrative Order No. 12-2003

Decision Date: Dec 12, 2003

BOC Customs Administrative Order No. 12-2003 establishes a framework for the performance and liquidation of warehousing bonds by importers and surety companies, detailing penalties for non-compliance and ensuring the Bureau of Customs can efficiently collect due obligations.

performance of

obligation

warehousing bond

END