The International Commercial Terms (Incoterms) is the largest business organization in the world published by the International Chamber of Commerce (ICC) that promotes and facilitates domestic and international trade transactions. Incoterms are internationally accepted commercial terms used to clearly describe obligations, risks, and costs of parties (buyer and seller) involved in the transactions and those responsible for the transportation arrangement and payment of transportation fees and/or charges over the goods. These Incoterms rules also prevent confusion in commercial trade contracts.

The Bachelor of Science in Customs Administration under the College of Business conducted a webinar exclusive for the BSCA Student entitled “International Commercial Terms 2020”, last April 22, 2021, via MS Teams. This webinar aimed to enhance students’ skills in applying the principles of International Commercial Terms 2020.

The 3-hour lecture was led by CB Roberto T. Domondon, AB, LL. B, MBA who is currently the CEO and Chief Advocate of CUSTOMS AND LOGISTICS ADVOCATES OF THE PHILIPPINES, INC. in coordination with the Student Organization which is the PSCAS-MIDWAY CHAPTER.  His expertise and experiences in the field was truly shared to the participants, the students and the faculties are more likely planning to have more webinar.

The said webinar was spearheaded by the Customs Administration faculty members. This is the 2^nd webinar that the department has conducted to keep the students abreast with latest and best practices in their chosen program and field in general amidst of the prevailing restrictions.

Truly a feat for the department!

#DRIVENAduana

The Philippine Society of Customs Administration Students (PSCAS) – Midway Colleges (MCi) – Chapter in partnership with CLAP Customs Review & Center for Professional Development Inc., conducted a 3-hour webinar entitled “COMPUTATION OF REVENUE TONS, CHARGEABLE WEIGHT AND CONVERSION OF TARIFF UNITS” which was participated by BSCA students at Midway Colleges last February 26, 2020, via Zoom. The lecture was led by Prof. Ruben C. Pedreza, EE, CB, MCA, who is currently the CEO/Review Director of CLAP Review & Center for Professional Development Inc., and the Pedreza Customs and Tariff Webinars.

It aimed to enhance the student’s skills in the proper computation of units of conversion, revenue ton and chargeable weight as applied on importation cases and to keep the students abreast with the latest developments, implementation, and updates in the field.

The discussion was fully engaging because there were questions raised during the discussion which every student must answer and after the webinar proper the coordinators facilitated a workshop wherein the students were required to answer the questions with a passing grade of 80% to assess their understanding of the webinar topics. On that way, they were able to apply their skills in computing units of conversion, revenue ton and chargeable weight as applied on importation cases.

Truly a feat for the department!

#DRIVENAduana

Bachelor of Science in Customs Administration program develops the academic prowess of its students and molds them accordingly to become community-caring individuals founded by integrity, professionalism, and discipline. As part of its commitment that “No one should be left behind”, the College of Business is dedicated to immerse students on the current trends in the industry. 

The College conducted a webinar series last June 1-3 entitled “Acing the Job Interview: Basic Tips and Guidelines” which features the latest trends and practices of Job Application in the new normal which contributes to the development of the student interns in an academic perspective and as a preparation to their future undertakings as License Customs Brokers. 

“Write to not to impress but to express”, these are the candor words that Dr. Richard L. Oandasan said on the first session of the three-day webinar series with the topic of “Making the First Impression: Cover Letter and Resume Writing Conventions”. During the discussion, he gave tips on writing an effective cover letter. He also highlighted the 4C’s which must be present in the cover letter: Clarity, Completeness, Conciseness, and Courtesy. In addition, he also shared the Do’s and Don’ts in creating a resume because as he stated “resume is someone’s masterpiece”. 

The second session happened on June 2 which focused on “Setting a Professional Mindset: Preparations and Considerations” with Ms. Ellen Gay I. Singson, HR Director, as the Resource Speaker. In her talk, she encouraged everyone to always excel in everything that they do, as there is no elevator to success. She also leaved this message to everyone “The difference of who we are and what we want to be, is what we do today”. 

Mixed emotions- this is how the participants describe the third session of the webinar series which is the Interview Preparation Workshop. In this session, the participants attended a virtual interview to apply the learning they got from the previous discussions and to enhance their communication and reasoning skills as they present themselves in the interviewers. The interviewing panel includes the Customs Administration Faculty members and a Guest interviewer in the person of Mr. Robie Mar A. Dayto, General Education Coordinator. 

The supplementary webinars does not just stop here because more are still coming! “Clearance Procedure on Consumption Entry” on June 28 and “Transcending Customs Broker: Profession and Opportunities” on July 16. This is how the College of Business show its commitment in delivering EXCELLENCE. 

#DRIVENAduana 

Want a glimpse of the field of Customs Administration?

Have you caught the circulating issue on gift importation by a certain personality? If so, this article is for you!

According to the law, Customs Modernization and Tariff Act (RA 10863), Sec. 104, first par. “When Duty and Tax are Due on Imported Goods. —Except as otherwise provided for in this Act or in other laws, ALL goods, when imported into the Philippines, shall be subject to duty upon Importation, including goods previously exported from the Philippines.”

For wider public information, the Bureau of Customs have published an infomercial for Frequently Asked Questions on Importation of Gifts: https://bit.ly/2SZgNbP

Here is the text of the FAQs as published:

1. Do I have to pay taxes for packages sent as gifts?

Duties and taxes are imposed on ALL imported goods, regardless of the mode of acquisition or how these were acquired, except those with value not exceeding P10,000.00 and those exempted by other laws. (RA 10863, Sec 104 and 423)

2. When is proof of payment needed for the importation of gifts?

The Bureau of Customs has the rights to ascertain the truth or accuracy of any statement, document, or declaration presented for customs valuation purposes, thus, it may ask the importer or receiver to provide further explanations, including documents or other evidence that the declared value represents the actual price of the item. (RA 10863, Sec 707)

3. What are the other options if proof of payment, such as a receipt, cannot be submitted because the item(s) is/are gifts?

The value of the goods will be determined based on the established or reference value of the same or similar goods. (RA 10863, Sec. 701 par. 2, 702 and 703)

4. Why do I still have to pay tax when the sender already paid at the country of origin?

The payment made to the country of origin is referred to as “Export Duties and Taxes” subject to their own rules and regulations. On the other hand, “Import Duties and Taxes” are payable in the Philippines, as enforced by the Bureau of Customs.

5. Do I still have to pay tax when the sender already paid for the shipping cost?

The shipping cost is charged by the nominated courier for the delivery and handling of packages from abroad to the Philippines and is different from the import duties and taxes due to the Bureau of Customs.

6. If I will not pay duties and taxes, what will happen to my package?

When the duties and taxes have not been paid within the prescribed period, the parcels will be considered abandoned and forfeited in favor of the government. Thereafter, it will be sold at auction or disposed accordingly. If the goods are regulated, these will be turned over to the concerned regulatory agency. (RA 10863, Sec. 1129 (c), 1141 and 1148)

Be globally competent! Be an International Trade Specialist!

Enroll Customs Administration in Midway Colleges, Inc.!

#DRIVENAduana Source: https://customs.gov.ph/faqs-on-importation-of-gifts/