Jun 052016
(First of 5 parts)
On 30 May 2016, President Benigno S. C. Aquino III signed Republic Act (RA) No. 10863, otherwise known as the Customs Modernization and Tariff Act (CMTA), which amends the Tariff and Customs Code of the Philippines (TCCP). It will become effective on 16 June 2016 which is 15 days after it was published in a major daily newspaper.