Filtered By: News

Customs generates P18.69M from auction of overstaying containers

The Bureau of Customs (BOC) on Wednesday said it has generated P18.693 million from the auction of 19 overstaying containers in the Ports of Manila and Davao.

In an emailed statement, the BOC said the 19 containers were part of 271 overstaying containers from May 22 to June 5 this year, which had items such as television sets, tiles, plywood.

The BOC said some 241 other containers were condemned, while the remaining 11 containers were donated by the Port of Subic.

"(O)verstaying cargoes for more than 30 days from the date of discharge which have not been withdrawn within the specified period of time shall be tagged abandoned, and upon finality of the Decree of Abandonment, the Bureau shall then make the proper determination as to its disposition," it said.

Under the Customs Modernization and Tariff Act (CMTA), goods subject to disposition may be donated, declared for official use by the Bureau, or sold at public auction.

Goods suitable for shelter or consisting of food, clothing materials, or medicines may also be donated to the Department of Social Welfare and Development (DSWD).—AOL, GMA News