Customs refuses to be taken for a ride, seizes 18 luxury cars at Manila port
Not so fast!
Some P107 million worth of high-end cars have been held by the Bureau of Customs at the Manila International Container Port after these shipments were discovered to be undervalued and without the authority from the Bureau of Internal Revenue (BIR).
The shipments arrived in Manila between Oct. 13-19 and contained 12 Toyota Land Cruisers, three Range Rovers, two Chevrolet Camaros, and one McLaren of the newest models.
The shipments were processed by customs broker Roy Lasdoce and consigned to Gamma Gray Marketing, before these were apprehended for not having the BIR’s authorization, which raised eyebrows among higher port officials.
Luxury cars are subject to special taxes from the BIR.
Not only does the importer run the risk of losing these cars, he also faces the possibility of criminal charges. Oops!