As a new requirement for sending balikbayan boxes, the sender must fill out three copies of the information sheet, which may be requested from the consolidator, or the foreign-registered freight forwarder. The information sheet may also be downloaded from the BOC website or the websites of the three BOC-accredited value-added service providers—Cargo Data Exchange Corporation, E-Konek Pilipinas, and InterCommerce Network Services, Inc
Air Cargo Advisory
All goods coming into the Philippines are subject to the assessment of import duties, taxes and a value-added tax based upon an article’s fair market value, freight cost and insurance. Import Duties The rate of import duty varies depending on the commodity, ranging from 3% and up. The schedule of rates is listed under Section 104, Tariff and Customs Code of the Philippines (TCCP), as amended. Advance Payment of Duties, Taxes and VAT In order to clear a shipment from Philippine Customs, it will be necessary for Forex to advance the payment of duties, taxes and VAT on behalf of the shipper and/or recipient.
Why Forex Cargo services are more expensive than other Balikbayan Box Companies? The simple answer is , “because we provide a better service than any of them. We go beyond our reach just to protect your packages, so that your love ones will get them as is, intact, no more or no less than what […]
Does Forex Cargo use Third Parties to deliver boxes in the Philippines? NO. Forex Cargo does not allow third parties to handle our shipments. Our Balikbayan Boxes are handled with care by dedicated employees to maintain high quality of service. We have our Own delivery fleet in the Philippines, Forex Cargo Philippines. For more […]