(NAR) VOL. II NO. 3 / JULY - SEPTEMBER 1991
1. Cargoes released for delivery to the importer and subsequently held by the Bureau of Customs for re-examination shall not pay storage charges during the period of suspension of delivery.
2. The availment of the exemption abovementioned is subject to the condition that the importer/consignee/broker is not at fault for the subsequent holding of the cargoes by the Bureau of Customs.
3. For purposes of this regulation the importer/consignee/broker is considered at fault when additional duties, penalties or surcharges are imposed upon the cargoes upon re-examination by compromise or otherwise.
All issuances inconsistent herewith are hereby deemed amended or modified accordingly.
This Circular shall take effect immediately.
Adopted: 15 Apr. 1991
(Sgd.) ROGELIO A. DAYAN
General Manager