THE Bureau of Customs (BOC) has raided a car dealership in Pasig and found 87 imported and locally sourced vehicles that allegedly have “questionable documents.”
The BOC said the total estimated value of the luxury vehicles is around P600 million.
In a statement, the BOC said the raiding team proceeded to the car hub last July 4 after confirming it is storing and/or openly dealing with exotic and hypercars without proper documentation.
“Upon arrival at the dealership, the team found 197 imported and locally sourced vehicles. However, 87 of said units were identified to have questionable documents. The 100 percent inventory of the subject vehicles was completed on July 6,” the BOC said.
Included in the 87 vehicles currently being investigated are several units of Lexus, Mercedes Benz, Porsche Macan, Jaguar, GMC Savana, McLaren, Ferrari, Lamborghini, Audi and Land Rover.
Under Section 224 of the Customs Modernization and Tariff Act, the owner of the dealership has 15 days, until July 19, to submit evidence of payment of correct duties and taxes due on the imported cars.
Otherwise, they will be seized and undergo forfeiture proceedings pursuant to Customs Administrative Order No. 10-2020.
Pending the submission of the required evidence of payment, the BOC said it will guard and secure the vehicles.
