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Customs misses collection target

Posted on May 17, 2013

CUSTOMS COLLECTIONS were up 7% year on year in April but the agency still missed its target for the month.

THE CUSTOMS bureau’s below-target April take was still up from last year. -- BW file photo
Customs Commissioner Rozzano Rufino B. Biazon yesterday said a total of P27.141 billion in taxes and duties was collected last month, up from P25.362 billion a year earlier.

This amount, however, was 1.31% or P362 million short of the agency’s P27.503-billion goal.

"Some districts failed to meet their targets," Mr. Biazon said, but did not provide further details.

The April haul brought Customs collections for the year so far to P95.957 billion, 1.12% higher than the P94.896 billion it took in during the comparable 2012 period.

The bureau last week disclosed that the Port of Subic raked in P1.091 billion last month, nearly double its P561.98-million goal. This was also 74.56% higher than the P625 million it collected in April last year.

Port collections are normally sourced from transshipment operations, ship calls and duties on imports, as well as other fees and charges on transactions.

The Customs bureau, which accounts for about a fifth of government revenues, needs to collect P340 billion this year.

Last year it shored up only P289.9 billion against its P347-billion target. This was, however, 9.3% more than the P265.1 billion collected in 2011. -- Bettina Faye V. Roc