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Dec 4, 2017 @ 11:39

Customs collections surge to P46.5 B in November as 5 ports overshoot targets

 

There’s no way but up for this agency.

The Bureau of Customs (BOC) said they hit a fresh milestone as total collections hit P46.47 billion in November, preliminary figures revealed.

This beats the P42 billion tally in October as the highest monthly collection in the bureau’s history.

The new high came as five collection districts surpassed their monthly targets, the BOC said in a statement. These are the Port of Batangas with P13.3 billion (versus an P11.4-billion target), the Port of Tacloban with P59 million (vs P21 million), the Port of Cagayan de Oro at P1.27 billion collection (vs P1.26 billion), the Port of Clark at P149 million (vs P140 million), and
the Port of Davao at P1.56 billion (vs P1.46 billion).

Customs Commissioner Isidro Lapeña even said that they could have collected much more if November wasn’t filled with too many holidays. He added that the “no tara” policy he implemented has also contributed to bigger tax payments.

“I am really optimistic that by December, the BOC will finally be able to hit, if not surpass its monthly target. Together with all the ports, we are really hoping that we will achieve this,” Lapeña said.

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