Showing posts with label Authority to Release Imported Goods for Automobiles. Show all posts
Showing posts with label Authority to Release Imported Goods for Automobiles. Show all posts

Wednesday, March 8, 2017

Issuance of Authority to Release Imported Goods for Imported Automobiles Already Released from Customs Custody

The bureau has issued Revenue Regulations (RR) No. 2-2016 amending certain provisions of RR No. 2-2016 particularly in the issuance of Authority to Release Imported Goods for imported automobiles already released from customs custody. 

Section 2. AMENDMENTS. - Items III and IV of Revenue Regulations No. 2-2016 shall be amended as follows:

III. Legal Basis

Finally, under the provisions of effective international Agreements and the principle of reciprocity, Recognized International Organizations and Foreign Emphasis in the Philippines are exempted from all taxes, hence, the exemption from requirement of securing an ATRIG.

IV. When and under circumstances ATRIG issued

However, Foreign Embassies and Recognized International Organizations are exempted from securing ATRIG pursuant to the principle of reciprocity and international agreements to which the Philippine is a signatory, respectively.


Please refer http://www.bir.gov.ph/images/bir_files/internal_communications_1/Full%20Text%20RR%202017/RR%20No.%204-2017.pdf of the full text of RR No. 2-2016 and additional requirements.