This CAO amends pertinent provisions of CAO No. 02-2022 to align with the international best practices in the imposition of regularization fee by countries that are signatories to the ATA Carnet Convention/Convention on Temporary Admission, and in accordance with the guidance from the International Chamber of Commerce (ICC).

Regularization Fee shall be imposed if evidence of re-exportation is not provided by the re­exportation counterfoil duly completed, signed, stamped, and dated by the bureau under the following schedule:

• First offense – Philippine Peso amount equivalent to 25USD; and
• Second or subsequent offenses – Philippine Peso amount equivalent to 50USD