Country to traditional belief that when the semiconductor and electronics companies of PEZA will not follow the customs regulation and instead do the facilitation to some corrupt customs officers, the leadtime will be shorter and the cost will be cheaper as compared to those who followed the rules of customs. The result of this survey revealed that it is the other way around - that it is better to follow the rules and regulations of the Bureau of Customs rather than not following the customs regulations. The penalty given to the importer if found violating the rules and regulations with any existing PEZA/BOC rules shall result in the automatic revocation and will be subjected to penalties such as losing the importers privilege to import the goods, or worse cancellation of their import licenses.
With the reform in public administration of Bureau of Customs, the semicondoctor and electronics industry will be pushed to strengthen their importation processed by doing what is right and by changing their mindest to zero facilitation. With the use of full process automation, it is eyed to minimize if not totally eradicate officer intervention/facilitation, queues and choke points, and remote lodgment facilities. With this, the Phililppine Economic Zone Authority can expect ease of doing business resulting to more investors and more jobs for Filipino people.
Country to traditional belief that when the semiconductor and electronics companies of PEZA will not follow the customs regulation and instead do the facilitation to some corrupt customs officers, the leadtime will be shorter and the cost will be cheaper as compared to those who followed the rules of customs. The result of this survey revealed that it is the other way around - that it is better to follow the rules and regulations of the Bureau of Customs rather than not following the customs regulations. The penalty given to the importer if found violating the rules and regulations with any existing PEZA/BOC rules shall result in the automatic revocation and will be subjected to penalties such as losing the importers privilege to import the goods, or worse cancellation of their import licenses.With the reform in public administration of Bureau of Customs, the semicondoctor and electronics industry will be pushed to strengthen their importation processed by doing what is right and by changing their mindest to zero facilitation. With the use of full process automation, it is eyed to minimize if not totally eradicate officer intervention/facilitation, queues and choke points, and remote lodgment facilities. With this, the Phililppine Economic Zone Authority can expect ease of doing business resulting to more investors and more jobs for Filipino people.
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