The Bureau of Customs (BOC) – Manila International Container Port (MICP) successfully generated PhP1.802 million in revenue from a public auction held on November 29, 2024.
The auction included thirteen containers from four sale lots, including items such as sandals, inflatable pools, cylindrical hinges, sodium sulfate, fire-protective board kits, one unit used motor vehicle and other assorted goods.
The MICP’s Auction and Cargo Disposal Division collected PhP1,782,500.00 from auction proceeds and PhP20,200.00 from bidder registration fees, for a total revenue of PhP1,802,700.00.
Public auctions are mandated under Sections 1118 and 1139 to 1151 of the Customs Modernization and Tariff Act (CMTA) and guided by Customs Administrative Order (CAO) 03-2020. These provisions allow the BOC to dispose of seized, abandoned, and forfeited goods through various modes of disposition, including public auctions. This process generates significant revenue for the national treasury and supports the BOC’s efforts to secure the country’s borders and prevent the entry of illicit and non-compliant imports.
Under the leadership of District Collector Rizalino Jose C. Torralba, the MICP will continue to enhance its enforcement and disposal processes, further strengthening its role in securing borders while contributing to the country’s economic development.
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