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Republic of The Philippines Tentative Release
Republic of The Philippines Tentative Release
Republic of The Philippines Tentative Release
Department of Finance
BUREAU OF CUSTOMS
Port of Manila
Docket No.
Memorandum for:
COMPUTATION FORM
For CMO 37-2001
(POM)
[x] Formal [ ] Informal [ ] Warehousing
DESCRIPTION OF ARTICLES:
AS DECLARED VALUE TARIFF HEADING DUTY RATE DUTY
Fabrics Woven $ 10,250.00 55122900 10% Php 61,804
$0.40/kg
COMPUTATION:
AS DECLARED AS FOUND DIFFERENCE % DIFFERENCE
Customs Duty PHP 61,804.00 PHP 118,586.00 PHP 56,782.00
BIR Taxes (IPF) 750.00 1,000.00 250.00
V.A.T 83,534.00 158,601.00 75,067.00
Excise Tax
Penalty/ Surcharge(CSF) 534.00 534.00
Docket Fee 600.00
Others (CDS) 265 265
TOTAL PHP 146,887.00 PHP 278,986.00 132,099.00
Pursuant to the provisions of CMO 37-2001, entry covering the above captioned shipment is forwarded with
the recommendation for Tentative Release:
[x] with bond [ ] without bond due to the following reasons:
Recommending for Tentative Agreement of Goods Subject to dispute Settlement (Sec. 425, CMTA)
(CMO 37-2001) – Tentative Release
Prepared by:
COOIII COOV