House panel, BoC form TWG to address import valuation

BoC 101119 - House panel, BoC form TWG to address import valuationPHILSTAR

THE HOUSE COMMITTEE on Ways and Means and the Bureau of Customs (BoC) have formed a technical working group (TWG) to address concerns relating to the National Value Verification System (NVVS).

“Committee and BoC form NVVS TWG to thresh out issues,” Rep. Jose Ma. Clemente S. Salceda of Albay’s second district, who chairs the panel, told reporters in a phone message Monday.

The Committee earlier flagged the NVVS implementation as illegal, considering it allowed the imposition of unequal levies on similar goods.

The NVVS is not authorized by the Customs Modernization and Tariff Act.

Rep. Jericho Jonas B. Nograles, a Ways and Means Committee member and PBA party-list legislator, said Sunday that Customs Commissioner Rey Leonardo B. Guerrero could be liable for graft and corruption if he continues to implement the System.

The Bureau has twice been asked by the Committee to stop implementing NVVS.

Mr. Guerrero had asked the Committee to reconsider its proposal to suspend the system, while the Bureau is in the process of putting in place measures that will improve the system.

“These measures are included in the Customs Modernization Project sponsored by the World Bank, which is already subject to approval of the National Economic Development Authority (NEDA),” Mr. Guerrero said in a Feb. 12, 2020 letter to the Committee.

He said the Committee that the continuation of the NVVS operation will “not be used to violate the law and our international commitments to customs valuation,” he added. — Charmaine A. Tadalan

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