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(NAR) VOL.8 NO. 4 / OCTOBER - DECEMBER 1997
[ BOC MEMORANDUM, December 01, 1997 ]
REMEDY OF TENTATIVE RELEASE FOR CRF CONTESTED SHIPMENTS
To strictly implement the conditions under which the remedy of tentative release for CRF contested shipments may be availed of pursuant to CMO 3-95, as amended, the following guidelines are hereby issued:
1. The plus or minus 20% difference rule as provided for in CMO 3-95 as amended by CMO 3-95B shall be strictly observed. Hence, it is hereby reiterated that contested shipments which are covered by a previous Committee resolution or a published value whose difference in value compared to the contested CRF does not exceed + or - 20% should not be allowed tentative release.
2. To reject outrightly, application for tentative release which is not supported by strong prima-facie evidence, as listed in CMO 3-95, as amended, that the CRF is either inaccurate or totally wrong.
1. The plus or minus 20% difference rule as provided for in CMO 3-95 as amended by CMO 3-95B shall be strictly observed. Hence, it is hereby reiterated that contested shipments which are covered by a previous Committee resolution or a published value whose difference in value compared to the contested CRF does not exceed + or - 20% should not be allowed tentative release.
2. To reject outrightly, application for tentative release which is not supported by strong prima-facie evidence, as listed in CMO 3-95, as amended, that the CRF is either inaccurate or totally wrong.
For strict compliance.Adopted: 01 Dec. 1997
(SGD.) GUILLERMO L. PARAYNO, JR.
(Commissioner)
(Commissioner)