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New guidelines for customs bonded warehouses

IN 2019, the Bureau of Customs (BoC) issued Customs Administrative Order (CAO) 13-2019 to implement provisions under the Customs Modernization and Tariff Act.

Section 10 of CAO 13-2019 provides for a review of customs bonded warehouse (CBW) guidelines every three years and their amendment or revision if necessary. In accordance with the periodic review, CAO 01-2022 issued last Feb. 10, 2022 outlines new and updated guidelines and consolidates existing CBW issuances.