Categories
Government

NEPOMUCENO ORDERS FASTER RELEASING OF SHIPMENTS

To streamline valuation processes and further enhance trade facilitation, Commissioner Ariel Nepomuceno has directed all concerned personnel of the Bureau of Customs (BOC) across all ports to strictly observe the prescribed turnaround time for valuation requests under the Import Assessment Service (IAS), reducing the processing period from five (5) working days to three (3) working […]

Categories
Politics

CUA HAILS NEW LAW ON REAL PROPERTY VALUATION

Union of Local Authorities of the Philippines (ULAP) president and Quirino governor Dax Cua hailed the signing by Pres. Ferdinand Marcos, Jr. of Republic Act 12001 or the Real Property Valuation and Assessment Reform Act (RPVARA). “With the signing of the Real Property Valuation and Assessment Reform Act we can finally update our obsolete property […]