Licencing of Customs Rebate Store

A company which intends to benefit from the Customs rebate concessions is required to apply to operate a Customs Rebate Store against Form CE 185 which should be accompanied by other registration documents.

Before any establishment can be licensed as a Customs Rebate Store, an inspection is carried out by BURS to ensure that it is in conformity with all the legal requirements. If an establishment satisfies the necessary Customs requirements, a licence to operate will be issued upon lodgement of a bond certificate the value of which is calculated after considering what will be potentially stored in the Customs Rebate Store, the capacity of the customs Bonded Warehouse any other risk factor. A certificate to operate a Customs Rebate Store will be issued on an additional payment of P100.00.

A Customs Rebate Store operator should keep books accounts, including documents relating to goods kept in the Customs Rebate Store, for at least 5 years and have them easily accessible to BURS for routine inspection.

Any Customs Rebate Store operator may at any given time submit a written request to BURS for de-registration. This will be granted once all customs duties and VAT liabilities have been amicably settled. The Customs Rebate Store may be cancel if any provision under which the Rebate Store was given is violated.