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RMC No. 18-2018: Circularizes DO No. 011-2018 issued by the DOF relative to the accreditation of importers and customs broker

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Summary

RMC No. 18-2018 circularizes Department of Finance Department Order No. 011-2018 on the accreditation of importers and customs brokers.

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Key points

  1. Accreditation moves to the BOC. Under Section 1200 of RA No. 10863 (Customs Modernization and Tariff Act), the authority to accredit and register customs brokers and importers reverts solely to the Bureau of Customs, for simplification of process.
  2. List sent to the BIR. The BOC must send the BIR a list of approved and accredited customs brokers and importers every quarter, for post-accreditation validation of tax compliance.
  3. Reporting findings. The BIR must notify the BOC immediately of any finding of tax deficiency or non-compliance.

Who is affected

  • Importers and customs brokers
  • Bureau of Customs

Deadlines and effectivity

  • List from BOC to BIR: quarterly

Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.

Copies of BIR issuances are hosted here for reference. For the official version, check bir.gov.ph. Summaries by Tax Resources PH are not a substitute for the full text or professional advice.