Warehousing Supervision Fees. The Bureau shall impose an annual supervision fee on the operations of CBWs, including extensions and additional facilities, if any, in accordance with the following schedule:

Miscellaneous and Garments Manufacturing Customs Bonded Warehouse (MCBW) 

Supervision Charge.

Total Assets in Peso (excluding real estate Annual Supervision Fee

5 Million and below Php 50 000.00

Above 5 Million but not more than 50 Million Php 150, 000.00

Above 50 Million Php 250, 000.00

For every extension warehouse Php 50,000.00

ICBW

Annual Supervision Fee:

ICBW servicing Airline Industry Php 50,000.00

Other ICBW (including airline catering Php 250,000.00

For eve extension warehouse Php 50 000.00

Customs Common Bonded Warehouse.

Annual Supervision Fee: Php 250 000.00

Every Member of CCBW Php 100 000.00

Forever extension warehouse Php 50 000.00

Other Types of CBW

Annual Supervision Fee: Php 250 000.00

Unauthorized Structural Changes of the CBW and/or of its Extension Warehouse.

First Offense Suspension of warehousing privileges for six (6) months;

Second Offense Closure of the CBW

Penalties for Late Filing of Application for Renewal of the Authority to Operate a CBW shall be as follows:

61-90 days before expiration Php150,OOO.OO

31-60 days before expiration Php200,OOO.OO

1-30 days before expiration Php250,OOO.OO and suspension of privilege as CBW.

Penalty for Late Exportation.

1-30 days from expiration of the storage period Php10,OOO.OO per entry

31-45 days from expiration of the storage period Php20,OOO.OO per entry

Beyond 45 days Deemed abandoned

Penalty for Late Submission of Documents for Liquidation of Goods Declaration for Warehousing. 

Late submission of documents such as proof of re-exportation and such other documents.

1-30 days from expiration of the period to liquidate Php5,OOO.OO

31-60 days from expiration of the period to liquidate Php10,OOO.OO

61-90 days from expiration of the period to liquidate Php15,OOO.OO

Beyond 90 days from expiration of the period to liquidate Php 20, 000 plus penal amount of bond

Penalty for Late Submission of Documents for Cancellation of Warehousing Bonds. 

Late submission of documents for liquidation of warehousing goods declaration and such other documents required for cancellation of warehousing bonds.

31-60 days from expiration of storage period Php 5,000.00 or 2% of the amount of bond whichever is higher

61-90 days from expiration of the storage period Php 10,000.00 or 5% of the amount of bond whichever is higher

Beyond ninety (90) days from expiration of the storage period Php 15,000.00 plus 10% of the amount of bond