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Philippines: Application of Value Added Tax on Demurrage & Detention Advisory

Dear Valued Customers,


As follow up to the intent advisory sent last September 15, 2022. Please be advised that
Ocean Network Express Pte. Ltd. (AGENT: Ocean Network Express Philippines, Inc.) will be
adding 12% VAT on your demurrage & detention (D&D) charges in compliance with the
Bureau of Internal Revenue’s requirement on locally sourced income (RR 15-2013) effective
November 01, 2022.
For more information, Please visit here.