17 luxury vehicles na nasa P370-M ang halaga, nasa kustodiya ng BOC dahil sa hindi nabayarang buwis

2 days ago

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Transcript

00:00Seventeen luxury vehicles are currently under the custody of the Bureau of Customs because of the non-payment of taxes upon entry to the country.

00:08We have on the spot, Ian Cruz. Ian.

00:12Yes, Tony. The establishment cannot show documents here in Makati to prove that the duties and taxes of the vehicles that were seen in their area were paid.

00:23The value of vehicles and motorcycles is estimated at Php 370 million. The non-payment of duties and taxes upon entry to the country is estimated at Php 100 million.

00:34According to Alvin Ertizo, the chief of the Customs Intelligence and Investigation Service or CIIS of the Bureau of Customs,

00:41the vehicles that were seen in the Philippines are being investigated. The sports car, the McLaren 720S, was sold for Php 40 million, but the cost of its entry is also Php 40 million.

00:54Another thing, according to the Customs, the vehicles of Pogo executives could be fast-break or fast-sold in the dealership,

01:03who are in a hurry to leave the country because of the construction of Pogo van since the start of 2025.

01:07According to one of the admin officers of the establishment, he cannot answer if the vehicles are from Pogo executives.

01:15As for the taxes, their business model is consignment, so they are not directly importing luxury vehicles.

01:22The establishment will give 15 days from February 14 to prove that the taxes on luxury vehicles were paid.

01:29If not, it will be confiscated by the Bureau of Customs for smuggled items.

01:34Am I right? Back to you Tony.

01:36Thank you very much Ian Cruz.

17 luxury vehicles na nasa P370-M ang halaga, nasa kustodiya ng BOC dahil sa hindi nabayarang buwis | Balitanghali

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