The seizure came after owners of those vehicles failed to submit corresponding evidence of payment of correct duties and taxes.
Pursuant to CAO 10-2020, during the conduct of the seizure and forfeiture proceedings against the subject 51 units of high-end motor vehicles, the registered owners will be accorded further opportunity to submit corresponding evidence of payment of correct duties and taxes; proof of exemption from payment of duties and taxes; offer voluntary payment of correct duties and taxes; and/or offer of settlement or redemption, subject, however, to specified conditions under the rules.
Intelligence Group Deputy Commissioner Juvymax Uy said that the seizure of the 51 units of high-end motor vehicles “reminder to all importers and dealerships to adhere to customs regulations and fulfill their duties and obligations promptly and responsibly.”
Source: Car News Wire (carnewswire.net)
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