CBW Goods Transfer Compliance Rules

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BOC MEMORANDUM: CBW Goods Transfer Compliance Rules

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Title Source: Supreme Court: CBW Goods Transfer Compliance Rules

Law: Boc Memorandum

Decision Date: Jan 20, 1999

The BOC Memorandum mandates that all transfers of raw materials or goods from Customs Bonded Warehouses to accredited subcontractors and economic zone locators must undergo strict verification and certification by Customs Warehousemen to prevent misdeclaration and ensure compliance with established regulations.

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