SMUGGLED fake goods worth P100 million were seized at a warehouse in Valenzuela City on Friday, the Bureau of Customs (BoC) reported on Tuesday.
BoC said the confiscated products included used clothing and counterfeit items bearing trademarks like Nike, Crocs, and Sandugo.
The bureau said the operation was conducted by a team composed of personnel from its Customs Intelligence and Investigation Service-Intellectual Property Rights Division, BoC-Port of Manila, Revenue Collection and Monitoring Group, and Legal Service along with officers of the military and National Bureau of Investigation.
Further investigation is underway for other possible violations of the Intellectual Property Code of the Philippines and the Customs Modernization and Tariff Act.
In February, the bureau collected P59.063 billion, exceeding their target of P50.3 billion. The BoC is eyeing a P679-billion collection this year. — Tobias Jared Tomas