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.
I’m sure the word Balikbayan and Balikbayan box are familiar to most if not all Filipinos, but for those unfamiliar with the word, Balikbayan translates to “Homecoming” or “Returning Balikbayan Boxes are packages that contains variety of items, these can be gifts, presents (pasalubong), personal effects, household goods such as kitchen ware, tools, clothes, linens, […]
Send Your Urgent Documents, Important Materials VIA Air Forex It’s faster done traditional Balikbayan Box. We deliver them in Metro Manila in 7 days or so. Forex Cargo Florida – Kagalakang Hatid at Maghatid For more information, please feel free to call our Florida Main Office hotline at 904-458-SHIP (904-458-7447).
Forex Cargo Inc. was established in 1987 to serve the needs of Filipino-Americans to connect to their families and friends in the Philippines through the shipment and delivery of balikbayan boxes. Forex has since expanded to other states like Florida, Maryland, New Jersey, Illinois, Michigan, Washington, Arizona, California, Guam among others. Forex Cargo is a […]