Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home International Customs Philippines

Philippine customs seizes counterfeit Philip Morris cigarettes

byCustoms Today Report
03/11/2015
in Philippines
Share on FacebookShare on Twitter

You might also like

Investors troop to year’s first RTB issue; P134 billion awarded

03/02/2020
People are seen going inside the ADB building in Ortigas, report said The Asian Development Bank expects to lend an estimated $7.8 billion, or nearly $2 billion annually, from 2018 to 2021, under a new six-year country partnership strategy.It would be the highest for any 4-year period, the Manila-based multilateral lender said Thursday.“The annual average also doubles the current estimated yearly lending pipeline,” the bank said in a statement.Photo by:Nonie Reyes

ADB raises $4.25 billion from US dollar bond market to boost OCR for 2020

21/01/2020

MANILA: A raid conducted by the Philippine Bureau of Customs resulted in the confiscation of more than 31,000 packs of counterfeit Philip Morris cigarettes. The Customs Bureau’s website confirmed this successful campaign which it initiated after receiving information that counterfeit Philip Morris cigarettes were smuggled into the country.
Acting on the basis of a Letter of Authority signed by the Customs Commissioner, the Bureau’s Enforcement Group coordinated with the local police and the Barangay Chairman in the area where the counterfeit cigarettes were stored. The target of this raid was a four-storey building at the busy downtown area of Sta. Cruz, Manila, which was registered under the name of Paloma General Merchandise.
The seized items consisted of an assortment of different brands of cigarettes — Morris, Fortune Menthol, Fortune Lights, Fortune Blue, Jackpot Menthol, Jackpot Red, Hope, More, Fortune Red, Marlboro Black Menthol and Mighty Menthol 100s were found in storage and being offered for sale to the public.
Immediately after the operation, the Bureau’s Enforcement Group recommended the issuance of a Warrant of Seizure and Detention on the basis that these counterfeit cigarettes were imported in violation of Section 2530, Property Subject to Forfeiture Under Tariff and Customs Laws, of the Tariff and Customs Code, in relation to the Intellectual Property Code of the Philippines. The District Collector of the Port of Manila issued the warrant on October 16, 2015.
The Customs Bureau is currently reassessing the value of the seized cigarettes earlier estimated at P3 million. The Customs officers indicated that the confiscated items will be condemned by burning them in the presence of Philip Morris representatives, members of the media and other law enforcement agencies.
This raid comes on the heels of a report that the Intellectual Property Office has already seized P1.4 billion worth of counterfeit goods as of September 2015. Anti-counterfeiting efforts have been at the forefront of intellectual property issues in the Philippines as evidenced by the recently concluded Anti-Counterfeiting and Piracy Summit last week.

Tags: Philippine customs seizes counterfeit Philip Morris cigarettes

Related Stories

Investors troop to year’s first RTB issue; P134 billion awarded

byadmin
03/02/2020

THE Bureau of the Treasury (BTr) has awarded an initial P134 billion worth of three-year retail treasury bonds (RTBs), which...

People are seen going inside the ADB building in Ortigas, report said The Asian Development Bank expects to lend an estimated $7.8 billion, or nearly $2 billion annually, from 2018 to 2021, under a new six-year country partnership strategy.It would be the highest for any 4-year period, the Manila-based multilateral lender said Thursday.“The annual average also doubles the current estimated yearly lending pipeline,” the bank said in a statement.Photo by:Nonie Reyes

ADB raises $4.25 billion from US dollar bond market to boost OCR for 2020

byadmin
21/01/2020

The Asian Development Bank (ADB) raised a total of $4.25 billion from the US dollar bond market on Wednesday. The...

Govt, oil firms cite progress vs fuel smuggling

byadmin
13/01/2020

GOVERNMENT and oil companies have cited progress in curbing smuggling through a fuel marking program as the Department of Finance...

A man uses two smartphones at once outside a Huawei store in Beijing Monday, May 20, 2019. Google is assuring users of Huawei smartphones the American company's services still will work on them following U.S. government restrictions on doing business with the Chinese tech giant. (AP Photo/Ng Han Guan)

Huawei to shake up executive ranks in 2020 as Trump curbs bite deeper

byadmin
02/01/2020

Huawei Technologies Co. will overhaul its executive ranks next year after revenue growth slowed further in the latter half of...

Next Post

Nigeria customs boss dismisses sack report

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.