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BOC to auction seized building materials
The BOC on June 29 will hold a public auction for seven lots of shipments that their consignees will no longer acquire as they either abandoned the imports or regulators seized them on legal grounds.
STAR/File

BOC to auction seized building materials

Elijah Felice Rosales (The Philippine Star) - June 23, 2021 - 12:00am

MANILA, Philippines — The Bureau of Customs (BOC) is auctioning nearly P11 million worth of construction materials and hardware items that were either confiscated by authorities or abandoned by their importers at the Port of Manila.

The BOC on June 29 will hold a public auction for seven lots of shipments that their consignees will no longer acquire as they either abandoned the imports or regulators seized them on legal grounds.

The BOC will put up for sale 2,547 pieces of assorted motorcycle rims at a floor price of P2.69 million that arrived in 2017 and was seized from Archerson Trading.

Also, Customs will bid out 52,800 kilos of roof materials worth P2.12 million shipped in 2017 and was retrieved from BJYP Trading, as well as 45,200 kilos of hard plastic slabs valued at P1.85 million, imported in 2019 and was consigned to Nodiegel Enterprises.

The BOC will also auction off 26,800 kilos of galvanized steel tubes at a floor price of P1.08 million that landed in 2018 and was confiscated from Parthon Merchantile, as well as salon furniture and accessories worth P953,233 that arrived in 2019, intended for Binondo Beauty Supply.

Also up for auction are 25,700 kilos in 750 sheets of aluminum composite panels at a floor rate of P1.8 million that were shipped in January and abandoned by Twireless Inc. Bidders may also look at two pieces of high speed sand filter tank worth P248,263 imported in 2020 and left behind by Azensei International.

Interested buyers may proceed to ATI-Batangas on June 23 and to ATI-South Harbor on June 25 to view the goods for themselves. Filing of bidder’s registration form should be made at least two days before June 29.

As per usual, bidders need to pay a registration fee of P5,050 to enter the auction. They should also pay a bond of up to 20 percent depending on the amount of the item before the bidding, but will be returned to them in the event they lose in the auction.

The BOC regularly conducts public auctions of imports that were either seized by the authorities or abandoned by their consignees to unload and free up cargoes at the ports.

BUREAU OF CUSTOMS
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