Malaluan, Krisha Mae F

BSCA IV-B

PEZA AND OTHER SPECIAL ECONOMIC ZONES

Overview

This seminar talks about the Significant changes of the CMTA which includes

that good declaration that we have discussed. This is all about the statement

accepted in the application for the entry or admission of imported goods. The

importer, exporter and customs brokers can entry a declarant for Imported (or

Exported Goods) from Previously Persons Authorized to File Entry. The speaker

discussed us the Unique De Minimis Provision that every imported goods with

FOB or FCA value of Php10,000 and below shall be exempt from payment of

duty and tax. He discussed to us the terminologies that already changed in the

book of the CMTA. The higher surcharge, fines and penalties are includes in the

Section 1400- Undervaluation, Misclassification and Misdeclaration But

significantly deleted penalties for Failure to Receive or Deliver Mails. In Section

1401-1430 (Other Crimes and Offenses). Section 1431-1433 (Penalty Imposed

Upon BOC Employees). In the SECTION107. Rights and Responsibilities of the

Declarant. This is all about the declarant shall be responsible for the accuracy of

the goods declaration and for the payment of all duties, taxes, and other charges

due on the imported goods. The licensed customs broker shall likewise be

responsible for the accuracy of the goods declaration but shall not be responsible

for the payment of duties, taxes and other charges due on the imported

goods.The declarant shall sign the goods declaration, even when assisted by a

licensed customs broker, who shall likewise sign the goods declaration. In the

SECTION 106. Declarant. A declarant may be a consignee or a person who has

the right to dispose of the goods. The declarant shall lodge a goods declaration

with the Bureau. It also show the difference between the Export Declaration and

Good Declaration. The Export Declaration is refers to a statement made in the

manner prescribed by the Bureau and other appropriate agencies, by which the
persons concerned indicates the procedure to be observed for taking out or

causing to be taken out any and the particulars of which the customs

administration exported goods while the Good Declaration is refers to a

statement made in the manner prescribed by the Bureau and other appropriate

agencies, by which the persons concerned indicates the procedure to be

observed in the application for the entry or admission of imported goods and the

particulars of which the customs administration shall require. We have discussed

also the importance of a Where now Customs Brokers? What is at stake for

Customs Brokers under the CMTA? The Customs Broker refers to any person

who is a bona fide holder of a valid Certificate of Registration/Professional

Identification Card issued by the Professional Regulatory Board and

Professional Regulation Commission pursuant to Republic Act No. 9280,

otherwise known as the “Customs Broker Act of 2004;” Third Party refers to any

person who deals directly with the Bureau, for and on behalf of another person,

relating to the importation, exportation, movement or storage of goods. It have

also the Rules and Regulations on Customs Warehouses, Facilities, and Stores

of a one Customs Warehouse. I t showed The 3 Types of Customs Bonded

Warehouses.(CAO 1-2009) (mod CMTA 802).Customs bonded warehouses may

be classified as either manufacturing or non-manufacturing.Manufacturing

customs bonded warehouse may be of the following types: Customs Common

Bonded Warehouse (“CCBW”) –Industry-Specific Bonded Warehouse

Miscellaneous Customs Bonded Warehouse (“MCBW”). The Period of Storage in

CBWs is 1 year from the time of its arrival thereat. For perishable goods, the

storage period shall be three (3) months from the date of arrival, extendible for

valid reasons, and upon written request, for another three (3) months. In the

Release of Goods from CFW Imported goods shall be released when the goods

declaration is electronically lodged. In chapter 3, the Imported goods shall be

admitted or withdrawn into and out of a free zone when the goods declaration. In

the Movement of Goods into and from Free Zones. The entry of goods into a free
zone, whether directly or through the customs territory. Republic Act No. 5490

Establishment of a Foreign Trade Zone in Mariveles, Bataan and Creating a

Foreign Trade Zone Authority. Presidential Decree No. 66 Creating the Export

Processing Zone Authority and Revising Republic Act No. 5490. OTHER LAWS

CREATING SPECIAL ECONOMIC ZONES are Republic Act No. 7227, Republic

Act No. 7903, Republic Act No. 7916, Republic Act No. 7922, Republic Act

No.9490 (2007), Republic Act No. 9728. The Republic Act No. 8748 is all about

An Act Amending Republic Act No. 7916,The Special Economic Zone Act of

1995. The 6 types of TYPES OF ECONOMIC ZONE ENTERPRISES registered

by PEZA are ECOZONE DEVELOPER / OPERATOR, ECOZONE EXPORT

ENTERPRISE. ECOZONE I.T. ENTERPRISE, ECOZONE FACILITIES

ENTERPRISE, ECOZONE UTILITIES ENTERPRISE, ECOZONE SERVICE

ENTERPRISE. The PEZA-BOC memorandum of agreement this are the

Automated Cargo Transfer System, GTSB Required, PEZA Police Escort,

Conduct of Joint PEZA –Customs Examination. TAX TREATMENT OF

MERCHANDISE IN THE ECONOMIC ZONES are Exemptions, Domestic

Merchandise, Foreign Merchandise, Domestic Merchandise & Foreign

Merchandise, Domestic Sale, Merchandise Which Lost Their Identity In The

Ecozone and Subsequent Importation. The Peza Forms are PEZA Form

8101,Customs-EPZA Warehouse Entry (CEWE-Transit-SAD),Export Declaration,

PEZA Form 8104,PEZA Form 8105,PEZA Form 8106,PEZA Form 8112. They

have exemption from duties and taxes on merchandise for export enterprises

andPEZA-Registered Warehousing / Logistics Providers. The Zero-rated vat

transactions are Tax Treatment of Sales Made by a VAT Registered Supplier

from the Customs Territory to a PEZA-registered Enterprise and the Tax

Treatment of Sales Made by a PEZA-registered Enterprise. The Recent PEZA

Circulars Pertaining to Operations of Export Enterprises are the MO No. 99-003

dated December 17, 1999, MO No. 2000-001 dated September 20, 2000, MO

No. 2000-006 dated December 01, 2000, MO No. 2000-01 dated November 14,
2000, MO No. 2000-003 dated November 13, 2000, MO. No. 2000-003 dated

November 27, 2000, MO No. 2001-010 dated October 1, 2001, MO. No. 2000-

005 dated November 27, 2000, MO No. 2002 - 001 dated February 13, 2002, MO

No. 2002 - 014 dated July 05, 2002 and MO No. 2002-017 dated August 15,

2002. In Enhanced Automated Cargo Transfer System (e-ACTS); Cargo

Transfer Fee (CTF) and Utilizationof Customs Broker’s CTF Pre Payment

AccountsCTF is Php1,050 is harmonized in all ports of entry,except for the CTF

rate of P737.00 which shall be charged for transit goods of MEZ 1 locators

located at the MCIA. BOC- PEZA JMO No.1-2015 dated 16 March 2015.

Mandatory Electronic Processing of Transshipments of PEZA Locators to PEZA

Zones, and other Procedures. In the 2nd to last slide he discussed the Treatment

of Goods Inside PEZA Zones, this have 2 parts Secured Zone/area and Customs

Territory. This have a 6 Forms and Documentations, this are the For

transfer/transshipment to PEZA zones,Admission to PEZA zones,Temporary

transfer to customs territory,Withdrawal for local consumption,Exportation

,Liquidation. The process of Transfer/ Transshipment are Customs-PEZA

Clearance Office- Deputy Collector For Operations- Transfer to PEZA zone.

Learnings

I learned in this seminar about the changes in the book of the CMTA. The

Good Declaration and Export Declaration. The imported goods that are

exemptions in paying duties and taxes and also in merchandise. The new

terminologies inside the book. The highest surcharge and penalties that have in

every imported goods. The job that we have in the near future and processing of

every shipment. During this seminar I remember all the topics that our Professor

teach us and I realize how important the topics that we have in are subjects. I’m

so glad that I have attended this seminar.

Importance

The importance of this seminar to us, this is really connected to our

course because we learned about the jobs that we have in the near future. The

job of being a customs broker and it also discussed the processing of every

shipments of goods.
Malaluan, Krisha Mae F

BSCA IV-B

Supply Chain Management

Overview

In this seminar we meet Mr. Cj Garcia, he discussed us about the supply chain

management that all about the encompasses the planning and management of

all activities involved in sourcing and procurement, conversion, and all logistics

management activities. Importantly, it also includes coordination and

collaboration with channel partners, which can be suppliers, intermediaries, third-

party service providers, and customers. In essence, supply chain management

integrates supply and demand management within and across companies.

Supply Chain Management is an integrating function with primary responsibility

for linking major business functions and business processes within and across

companies into a cohesive and high-performing business model. The importance

of supply are Boost Customer Service , Right Product Assortment and Quantity,

Right Stock Location , Right Delivery Time, Right After Sale Support, Reduce

Operating Costs, Decreases Purchasing Cost, Decreases Production Cost,

Decreases Total Supply Chain Cost , Increases Profit Leverage, Decreases

Fixed Assets, Increases Cash Flow and Improves Bottom Line. The supply chain

for customs brokers is the employment in private enterprises requires

professional knowledge in field of customs and tariff administration. The

importance of Customs brokers to the Supply Chain are Subject matter experts in

Customs and Tariff, Highly knowledgeable in International Trade, FTAs and

Incoterms and Understands Freight Rates, Shipping Charges Cargo Handling

and Port Operations. Customs Brokers Value Proposition in the Supply Chain is

Best Rates + BIC Service= Happy Customer. Route to Market & Model SC

Models are Complex, Multi-DC Operations, Simple, Straight Forward, Lean. It

also showed the difference between the Demand Planning and Supply Planning,

the Demand Planning is a multi-step operational supply chain management

(SCM) process used to create reliable forecasts while Supply Planning is the

component of supply chainmanagement (SCM) involved with determining how

best to fulfill the requirements created from the Demand Plan. The Procurement

is the process of finding, agreeing terms and acquiring goods,services or works

from an external source, often via a tendering or competitive bidding process.it

includes the concept of it. The Manufacturing is the process of converting raw

materials, components, or parts into finished goods that meet a customer's

expectations or specifications. It shows here the 5s Sort , Set In Order, Shine ,

Standardize and Sustain this helps to Eliminates waste that results from a poorly

organized work area.