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CDP 7 AECO

AECO is a company that facilitates rapid transport and delivery of express shipments, issuing airway bills to shippers. The document outlines the customs clearance procedures for express shipments, detailing accreditation requirements, application processes, and security deposits. It also specifies clearance formalities, including handling of low and high-value shipments, misrouted goods, and exclusions for immediate release.

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Arian Belogot
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0% found this document useful (0 votes)
39 views3 pages

CDP 7 AECO

AECO is a company that facilitates rapid transport and delivery of express shipments, issuing airway bills to shippers. The document outlines the customs clearance procedures for express shipments, detailing accreditation requirements, application processes, and security deposits. It also specifies clearance formalities, including handling of low and high-value shipments, misrouted goods, and exclusions for immediate release.

Uploaded by

Arian Belogot
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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AECO

refers to a company which


arranges fast and rapid
transport and delivery of
express shipments, by order and
in the interest of shippers, and
issues airway bill to shippers.

ADMINISTRATIVE PROVISIONS OF CAO 9-2021:


CUSTOMS CLEARANCE PROCEDURE ON EXPRESS SHIPMENTS

ACCREDITATION WITH THE BUREAU


as importer shall be done by AMO, from FF to AECO (matic if active)
if not active, shall comply with requirements for accreditation

as CFW if operating as CBW, Bureau shall approve conversion to CFW


all AECO should be a CFW the Bureau shall allow the AECO to use an existing CBW
provided there is a proof of contract
as FF the Bureau shall require AECO to provide updated accreditation fr CAB
with CAB if not accredited, it cannot avail simplified clearance procedure

as Member, as Operator, Air Carrier, IT e2e, IT system


to recognized existing to certified operator of for their use as for their use as capable of Bureau's
international orgs global or regional hubs an AECO an AECO automated system
the Bureau shall require affidavit of undertaking, or authorized officer of AECO, or board resolution
that AECO is a member, has hubs, has carriers, has systems and shall follow the MISTG requirements.

filing of application
Hard Copy and e-PDF submitted to AMO through CCC of the port
which has jurisdiction over CFW
Hard Copies in long brown envelopes labeled using standard format
for PDF, submitted online or through USB

application evaluation by AMO security deposit

PHP 5,000,000
7 WORKING DAYS
FROM RECEIPT OF APPLICATION AND REQUIREMENTS

in case of default on part


in case of low value, dutiable, and/or taxable
express shipments, shall deposit and maintain in
AAB the amount not less than, to guarantee
immediate payment by the bank upon Bureau

of AECO to pay D&T


amount of Duties and Taxes shall be deducted from security for misrouted, mis-sorted
shipments being returned
if more than 5M D&T show proof of landing or evidence of re-exportation, that the said
shipment was not re-exported within 24 hours from arrival, the
increase in security, or DC will not release
amount of Duties and Taxes shall be deducted from security
shipments until covered by security deposit
EXPRESS SHIPMENTS
CLEARANCE FORMALITIES:
CUSTOMS CLEARANCE PROCEDURE ON EXPRESS SHIPMENTS

(1) correspondence and documents

BIP
***** goods that should have no commercial value*****
not mixed with non-document shipments
e-CIFCM = GD sealed in green courier bag
NON-INTRUSIVE INSPECTION duty&tax free

10K
(2) de minimis shipments
advance submission of CO tags shipments for

detailed e-CIFCM = GD PHYSICAL


if HAWB = Regulated Goods EXAMINATION VALUE OR LESS

(3) low value, dutiable/taxable


shall be released in completion of advance submission of
if INFORMAL ENTRY, shall have been duly filed or processed e-CIFCM for computation of D&T
Customs Duty Express Clearance Fee
Documentary and Physical Examination has been completed
VAT Other Charges
Only such number of shipments with aggregate D&T not exceeding the

10K 50K
amount guaranteed by an Accredited Agent Bank
Not subject to any alert or hold order
The AECO shall submit notarized written commitment executed by an
but
AAB, guaranteeing to pay the Bureau any import fee not paid upon

50K
(4) high value shipments
processed under FORMAL
& shall be declared individually ENTRY VALUE OR MORE

split consignments with same shipper & consignee


shall be processed under FORMAL ENTRY .
EXPRESS SHIPMENTS
CLEARANCE FORMALITIES:
CUSTOMS CLEARANCE PROCEDURE ON EXPRESS SHIPMENTS

misrouted, mis-sort shipments


may be returned to shipper without payment of D&T and other charges

24H
AWB indicates consignee is other than PH re-exportation within
AWB indicates PH add BUT labels or markings
show that the destination of shipment is NOT PH
the Bureau was informed that it was misrouted

designated area from arrival of shipment

AECO shall submit monthly summary with the ff:


arrival date into PH export AWB number correct destination
departure date from PH export Flight number proof of landing

not entitled to express provision

1) Prohibited and 2) Dangerous 3) Valuable 4) Animals, Fishes 5) Foodstuff 6) Human 7) Money,


or Restricted Goods/ Goods such as and Fowls (Live or and Highly Remains or coins, cash,
Goods Hazardous Jewelry, works of Frozen) Perishable Cadavers paper money
substances art, and the like Articles

exclusions for immediate release

importations declared as "without commercial value" or with specific amount but


qualified by the phrase "for customs purposes"
goods subject to requirements or conditions imposed by the concerned regulatory
agency unless for personal use and within the allowable limits
importations to be entered conditionally-free, for warehousing, for transit, and/or
admission to free zone

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