{"id":3260,"date":"2024-02-17T15:44:17","date_gmt":"2024-02-17T15:44:17","guid":{"rendered":"https:\/\/bcbp.pw\/?page_id=3260"},"modified":"2024-02-22T05:00:40","modified_gmt":"2024-02-22T05:00:40","slug":"warehouse-procedures","status":"publish","type":"page","link":"https:\/\/bcbp.pw\/?page_id=3260","title":{"rendered":"Warehouse Procedures"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"3260\" class=\"elementor elementor-3260\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-045fb04 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"045fb04\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"aux-parallax-section elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2b7af2d\" data-id=\"2b7af2d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-938a47f elementor-widget elementor-widget-elementskit-heading\" data-id=\"938a47f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"elementskit-heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"ekit-wid-con\" ><div class=\"ekit-heading elementskit-section-title-wraper text_left   ekit_heading_tablet-   ekit_heading_mobile-\"><h2 class=\"ekit-heading--title elementskit-section-title \">Bonded Warehouse Procedures<\/h2><div class=\"ekit_heading_separetor_wraper ekit_heading_elementskit-border-divider ekit-dotted\"><div class=\"elementskit-border-divider ekit-dotted\"><\/div><\/div><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ec01613 animated-slow elementor-section-boxed elementor-section-height-default elementor-section-height-default elementor-invisible\" data-id=\"ec01613\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;animation&quot;:&quot;fadeIn&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"aux-parallax-section elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d2d00f8 elementor-tab-content\" data-id=\"d2d00f8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e865300 elementor-widget elementor-widget-text-editor\" data-id=\"e865300\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Examination of Goods in Warehouse<\/strong><\/p><p>Customs will inform the Warehouse owner\/keeper when examination of goods will be carried out. The goods will be opened, examined and then sealed. Goods that have been sealed and marked after examination shall not be opened without the proper permission of Customs.<\/p><p>The owner of the warehouse is responsible for the cost of all operations related to handling of goods in the warehouse. Where the presence of Customs officers are required for such operations, the owner of the warehouse will have to provide at his\/her own expenses necessary transportation from the Customs office to the place where these operations are to be performed.<\/p><p><strong>Storage Period for Warehousing Goods<\/strong><\/p><p>Generally, the warehousing\u00a0\u00a0 period is one year from the\u00a0 date the goods first entered the warehouse; which means goods have to be cleared within one year. Where the warehouse goods cannot be cleared within one year from the date of first entry, an application for re-warehousing must be submitted by the owner or warehouse keeper. The total period of time for which such merchandise may remain in bonded warehouse shall not exceed 5 years from the date of importation.<\/p><p>In cases where there is an application to re- warehoused goods or goods which have been re- warehoused are not cleared within 5 years the BCBP will issue a one month notice\u00a0 to\u00a0 the\u00a0 owner\u00a0 after\u00a0 which goods may be seized or disposed in accordance\u00a0 with RPPL No. 11-15.<\/p><p><strong>Removal of Goods from Warehouse<\/strong><\/p><p>Goods can only be removed from the warehouse after a Customs Entry has been accepted and the appropriate duty, taxes and levies have been paid.<\/p><p>Upon authorization of the Director of Customs which can impose certain condition warehousing goods can be temporarily removed from the warehouse to undergo handling operations with the intention to:<\/p><ul><li>Preserve the goods<\/li><li>Improve the appearance of the goods<\/li><li>Improve the marketable qualify of the goods<\/li><li>Prepare the goods for distribution\/resale.<\/li><\/ul><p><strong>Withdrawal of Goods from Warehouse without Payment<\/strong><\/p><ul><li>Any merchandise for exportation or for transportation and exportation to a foreign country without the payment of excise tax, thereon, or for transportation and re-warehousing at another port or elsewhere, or<\/li><li>for transportation and re-warehousing at another port or elsewhere, or<\/li><li>for transfer to another bonded warehouse at the same port, except that the total period of time for which such merchandise may remain in bonded warehouse shall not exceed 5 years from the date of<\/li><\/ul><p><strong>Transfer and Removal of Goods<\/strong><\/p><ul><li>Where there is a transfer of ownership of goods stored in a bonded warehouse, the importer or owner of the goods shall submit a transfer document in the prescribed form to an officer at the office where the goods were<\/li><li>Where the importer or owner of goods stored in a bonded warehouse wants the goods removed from the bonded warehouse in smaller units, the importer or owner shall submit to the Bureau:<ul><li>Where the goods are to be released, an amended accounting in a form to be prescribed by the Director; or<\/li><li>Where the goods are not to be released, an amended description in the prescribed form.<\/li><\/ul><\/li><\/ul><p><strong>Abandoned Goods<\/strong><\/p><p>Merchandise upon which any excise tax or storage of fees are unpaid, remaining in bonded warehouse beyond five (5) years from the date of importation, shall be regarded as abandoned. Title in abandoned merchandise shall automatically vest in the government. The Bureau may sell such merchandise pursuant to law. The proceeds of sale shall be paid into the Road Maintenance Fund.<\/p><p>Merchandise upon which all excise tax and charges have been paid remaining in bonded warehouse beyond five (5) years from the date of importation, shall be considered unclaimed and treated accordingly to Section 1229 (Unclaimed Merchandise) of this Title (RPPL 11-15. Customs Bonded Warehouse).<\/p><p><strong>Unclaimed Goods<\/strong><\/p><ul><li>An un-entered merchandise which shall remain in a bonded warehouse for six (6) months, but less than five (5) years, from the date of importation thereof, without all estimated taxes, fees and interest thereon having been paid, shall be considered unclaimed and subject to divestiture of title to the government, and subject to sale by the Director free and clear of any leans or<\/li><li>Once merchandise is deemed unclaimed, the Bureau shall provide thirty (30) days\u2019 notice to all know interested parties that the title to such merchandise is subject to divestiture on the 30th day after the date of the notice. IF not interested party is know, such notice shall, at a minimum, include publication in one local newspaper of general circulation once per week for three consecutive weeks, the notice period running thirty (30) days from the first date of publication. Notice shall contain the date, time, and location of any<\/li><li>Unclaimed merchandise may be reclaimed during the notice period provided that:<ul><li>Prior to the 30th day of the notice period, the consignee or owner pays the Bureau a reclamation penalty equal to five (5) percent of the fair market value for such merchandise as determined by the invoice value, and<\/li><li>Immediate payment of any excise taxes, storage fees, and interest thereon. No unclaimed merchandise may be entered, exported, or withdrawn by the owner or consignee until such payment is<\/li><li>For purpose of this section, the computation of excise taxes, storage fees, and interest thereon shall be subject to rates applicable at the time the merchandise is reclaimed or sold.<\/li><\/ul><\/li><\/ul><p><strong>Loss of Damaged Goods in Warehouse<\/strong><\/p><p>Where\u00a0 goods\u00a0 are\u00a0 destroyed\u00a0 or\u00a0 lost\u00a0 in\u00a0 a\u00a0 bonded\u00a0 warehouse,\u00a0 the\u00a0 owner\u00a0 must\u00a0 notify\u00a0 Customs\u00a0\u00a0\u00a0\u00a0 in writing within 2 days after the\u00a0 discovery\u00a0 of\u00a0 the\u00a0 loss\u00a0 or\u00a0 destruction\u00a0 of\u00a0 the\u00a0 warehoused\u00a0 goods.\u00a0 The warehouse keeper is not liable for total destruction or irretrievable loss\u00a0 of\u00a0 goods\u00a0 in\u00a0 the\u00a0 warehouse if it has happened as a result of unforeseen circumstances.<\/p><p>If there\u00a0 are\u00a0 any\u00a0 applicable\u00a0 duties\u00a0 \/\u00a0 taxes\u00a0 \/\u00a0 levies\u00a0 on\u00a0 the\u00a0 goods\u00a0 that\u00a0 have\u00a0 been\u00a0 damaged\u00a0 due\u00a0 to unavoidable accident, an assessment of the goods\u00a0 can\u00a0 be\u00a0 done\u00a0 at\u00a0 the\u00a0 request\u00a0 of\u00a0 the\u00a0 owner. The assessment will be based on the actual value of the goods and a new bond will be agreed upon for the remaining term of warehousing.<\/p><p><strong>Revocation of Approval<\/strong><\/p><p>The warehouse keeper or\u00a0 owner\u00a0 has\u00a0 the\u00a0 obligation\u00a0 to\u00a0 adhere\u00a0 to\u00a0 all\u00a0 conditions\u00a0 of\u00a0 the\u00a0 operations of the\u00a0 bonded\u00a0 warehouse.\u00a0 Failure\u00a0 to\u00a0 do\u00a0 so\u00a0 may\u00a0 result\u00a0 in\u00a0 the\u00a0 bonded\u00a0 warehouse\u00a0 approval\u00a0\u00a0 being revoked\u00a0 or\u00a0 canceled\u00a0 in\u00a0 the\u00a0 event\u00a0 of\u00a0 a\u00a0 breach\u00a0 of\u00a0 any\u00a0 condition\u00a0 of\u00a0\u00a0 the\u00a0\u00a0 bond,\u00a0\u00a0 the\u00a0\u00a0 bonded warehouse to be locked and sealed and all taxable merchandise stored in a\u00a0 bonded\u00a0 warehouse shall become payable immediately.<\/p><p>Where\u00a0 the\u00a0 approval is revoked, the Director\u00a0 shall\u00a0 before\u00a0 canceling\u00a0 a\u00a0 license\u00a0 give\u00a0 the\u00a0 licensee\u00a0 a\u00a0 ninety\u00a0 (90)\u00a0 day\u00a0 notice\u00a0 of\u00a0 proposed\u00a0 cancellation\u00a0 and\u00a0 provide\u00a0 the\u00a0 licensee\u00a0 with\u00a0 all\u00a0\u00a0 the\u00a0\u00a0 relevant information concerning\u00a0 the\u00a0 grounds\u00a0 on\u00a0 which\u00a0 the\u00a0 Director\u00a0 proposes\u00a0 to\u00a0 cancel\u00a0 the\u00a0 license. Upon a final determination\u00a0 by\u00a0 the\u00a0 Director\u00a0 to\u00a0 cancel a license, all\u00a0 excise\u00a0 taxes\u00a0 on\u00a0 taxable merchandise stored in a bonded warehouse shall become payable immediately.<\/p><p>The Licensee may, within ninety (90) days of\u00a0\u00a0 the\u00a0\u00a0 notice,\u00a0\u00a0 make\u00a0\u00a0 representation as to why the licensee should not be canceled. Upon final determination by the\u00a0\u00a0 Director to cancel a license, the liability\u00a0 must\u00a0 be\u00a0 paid\u00a0 or the goods\u00a0 must\u00a0 be exported, destroyed, surrendered to Customs or moved to another approved warehouse at the discretion of the Director of Customs.<\/p><p>The Director may reinstate a suspended license where the cause\u00a0 for\u00a0 the\u00a0 suspension\u00a0 no\u00a0 longer exists. Within ninety (90) days, the Director must either cancel or reinstate the license.<\/p><p><strong>For more information, you should visit the BCBP or write to us.<\/strong><\/p><p><strong>Visit:<\/strong><\/p><p>Bureau of Customs and Border Protection<\/p><p>Main Office, Malakal, Koror, Palau<\/p><p><strong>Write to:<\/strong><\/p><p>PO Box 6011<\/p><p>Koror, Palau 96940<\/p><p><strong>Phone: <\/strong>(690) 488-1985\/6031<\/p><p><strong>E-mail: <\/strong><a href=\"about:blank\">customs@palaugov.org<\/a><\/p><p><strong>Web: <\/strong>bcbp.pw<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Bonded Warehouse Procedures Examination of Goods in Warehouse Customs will inform the Warehouse owner\/keeper when examination of goods will be carried out. The goods will be opened, examined and then sealed. Goods that have been sealed and marked after examination shall not be opened without the proper permission of Customs. The owner of the warehouse [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-3260","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/bcbp.pw\/index.php?rest_route=\/wp\/v2\/pages\/3260","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bcbp.pw\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/bcbp.pw\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/bcbp.pw\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bcbp.pw\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3260"}],"version-history":[{"count":10,"href":"https:\/\/bcbp.pw\/index.php?rest_route=\/wp\/v2\/pages\/3260\/revisions"}],"predecessor-version":[{"id":3684,"href":"https:\/\/bcbp.pw\/index.php?rest_route=\/wp\/v2\/pages\/3260\/revisions\/3684"}],"wp:attachment":[{"href":"https:\/\/bcbp.pw\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}