EconomyForex

Customs bureau to donate smuggled fuel to coast guard, military 

1 Mins read

THE BUREAU of Customs (BoC) will turn over 47,000 liters of unmarked fuel to the Philippine Coast Guard and to the Armed Forces of the Philippines, the Department of Finance said on Wednesday.   

The donation comes from enforcement activities under the Customs’ marking program, which is intended to curb smuggling by injecting a special dye into fuel products to indicate payment of duties and taxes.  

The seized supply comes from the premises of Joycel Bus Lines in Caloocan; facilities of Lemiz Fuel Station and Star Oil/Min Ley Gasoline Station in Meycauayan, Bulacan; Fuel Source Gas Station in Cabanatuan, Nueva Ecija; and a gas station in Pampanga.  

The coast guard will receive 41,356.8 liters, while another 6,000 liters will be given to the military.  

Section 1141 of the Customs Modernization and Tariff Act allows goods that are subject to forfeiture proceedings to be donated to another agency, upon the approval of the Finance secretary. — Tobias Jared Tomas 

Related posts
EconomyForex

Groups flag P633 billion corruption risk in bicam-approved 2026 budget

2 Mins read
HANDOUT COURTESY OF OFFICE OF SEN. GATCHALIAN Multisectoral groups on Monday raised their recommendations on the P6.793-trillion national budget approved by the…
EconomyForex

US fighter jet, helicopter crash in South China Sea during routine drills

1 Mins read
US fighter jet, helicopter crash in South China Sea during routine drills – BusinessWorld Online                                    …
EconomyForex

Samsung Care+ Premium is the perfect addition to make household investments last

3 Mins read
Samsung ensures your TVs and appliances stay at their best with extended protection and proactive, expert care As premium devices become essentials…
Power your team with InHype
[mc4wp_form id="17"]

Add some text to explain benefits of subscripton on your services.

Leave a Reply

Your email address will not be published. Required fields are marked *