THE Bureau of Customs (BOC) said it was able to generate P375.8 million in revenues from the disposition of overstaying containers.
The BOC said in a statement yesterday it recorded a total of 1,317 disposed containers, constituting 23 percent of the total abandoned or overstaying containers recorded from January 2020.
The actions taken by seven of 17 ports in the disposition of overstaying containers resulted in revenue generation from public auctions amounting to P375.8 million from 656 containers, condemnation of 427 containers, and donation of the remaining 234 containers.
Under customs modernization order 10-2020, overstaying cargoes for more than 30 days from the date of discharge which have not been withdrawn within the specified period of time shall be tagged abandoned, and upon finality of the decree of abandonment, the bureau shall then make the proper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.
Under Section 1141 of the Customs Modernization and Tariff Act, 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 foodstuffs, clothing materials or medicines may be donated to the Department of Social Welfare and Development.
