Connect with us

Breaking

Customs suspends accreditation of Mighty Corporation

Published

on

The Bureau of Customs (BOC) on Tuesday has suspended the accreditation of Mighty Corporation (MC), thus, barring all import activities of the company. (Photo: Bureau of Customs PH/Facebook)

The Bureau of Customs (BOC) on Tuesday has suspended the accreditation of Mighty Corporation (MC), thus, barring all import activities of the company. (Photo: Bureau of Customs PH/Facebook)

MANILA—The Bureau of Customs (BOC) on Tuesday has suspended the accreditation of Mighty Corporation (MC), thus, barring all import activities of the company.

In a two-page order signed by Atty. Alvin Ebreo, Director, Legal Service and Executive Director of BATAS, and approved by Deputy Commissioner Natalio Ecarma III, Revenue Collection and Monitoring Group (RCMG), the bureau has found compelling reasons to warrant the issuance of the ruling.

“Acting on the status report Account Management Office (AMO) as contained in attached Memorandum dated March 14, 2017, the undersigned as the designated Hearing Officer in Case No. LS-BATAS-A-01-2017, entitled “Bureau of Customs vs. Mighty Corporation”, and after perusal of the pertinent documents, recommends for the immediate preventive suspension of the customs accreditation of importer Mighty Corporation…” said the order.

The ruling noted that the several raids in the firm’s warehouses located in three provinces also warranted the suspension.

“More importantly, the Bureau’s recent of MC’s warehouses in Zamboanga City, General Santos City, and San Simon, Pampanga, yielding more than PHP2.185 billion worth of assorted counterfeit cigarettes, is more than enough reason for the Bureau to immediately suspend MC’s customs accreditation privileges,” it added.

Ecarma noted that the order cut the firm’s privilege to import and transact with the bureau.

“Suspended ang accreditation privileges nila. Naputol din privilege to import and transact with BOC,” he explained.

The BOC official added, “Yung products nila para magmanufacture as finished products. Import nila raw materials just like tobacco and other things.

Based on preventive suspension. Wala privilege Mighty magpasok raw materials sa Philippines.”

The raw materials the company is importing are: tobacco leaf and acetate tow, raw materials to make cigarette.

The corporation is expected to file a motion for reconsideration.

Continue Reading
Click to comment

Leave a Reply

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

Maria in Vancouver

Headline2 weeks ago

Love in the Afternoon of Life

Love in later life—the 50s, 60s, 70s, and beyond—is a thriving, fulfilling reality. It offers companionship, improved well-being, and joy,...

Headline3 weeks ago

Your Most Important Relationship is With Yourself

Valentine’s Day shouldn’t be celebrated only for one day. Love should be celebrated everyday. Valentine’s Day, when expanded beyond romance,...

Headline1 month ago

The 2016 Trend Made Me Reflect On My Past & Present

Like many others, I couldn’t resist joining the 2016 throwback trend.  It was all over social media, with everyone sharing...

Headline2 months ago

How To Be Healthier Realistically

It’s a brand-new year and a brand new you! If you’re like me who had been indulging quite a bit...

Headline3 months ago

Celebrating The Spirit Of Christmas

For many people, Christmas is the loneliest time of the year — it could be due to the fact that...

Headline3 months ago

Fun Facts About Christmas

It’s definitely beginning to look and smell a lot like Christmas! The beautiful thing about Christmas is that it’s mandatory...

Lifestyle3 months ago

How To Keep The Music Playing

You and your partner or spouse have been in a long-term relationship. Somehow, over the years, the fizz has fizzled...

Headline3 months ago

Declutter Your Life

There will be days when we feel like too much is going on around us — too much unnecessary noise...

Health4 months ago

A Healthy Mind Matters

Like the rest of the world, I was deeply saddened and shocked when I read that TikTok influencer, Emman Atienza...

Columns5 months ago

We Are The Circle We Choose

There is a famous Japanese proverb that rings so true in our lives: “When the character of a man is...