Industry groups have asked PBBM to revisit the Department of Agriculture’s policy on granting tax and duty-free privilege to importers of palm oil used for animal feeds compounding, following the rampant cases of technical smuggling.
INDUSTRY groups have asked President Ferdinand R. Marcos Jr. to revisit the Department of Agriculture’s policy on granting tax and duty-free privilege to importers of palm oil used for animal feeds compounding, following the rampant cases of technical smuggling.
“The DA should also revisit this policy of allowing zero [value-added tax] VAT and duty-free importations of palm olein as this is clearly hurting the local coconut and palm oil farmers and producers,” Arranza said in his letter to the President. In a statement released on Tuesday, FPI said the imported palm oil reportedly ended up in the market as cooking oil, or was channeled to biodiesel producers as substitute to the more expensive coconut oil.
Weeks later, Arranza said he received a letter from the DA updating him on “alleged selling of imported animal grade palm consumption in the country.” unfortunately, he has not responded to my request to meet or dialogue with him so that I can share what I know about the problem as expressed in my letter to His Excellency. Also, his office has not responded to calls made by my office to obtain an appointment with him,” Arranza said.
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