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Customs beats March revenue target

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A view of the Port of Manila is seen from the Customs headquarters in Manila. — BW FILE PHOTO

THE BUREAU of Customs (BoC) revenues grew by a fifth in March to beat its target with the help of the majority of its ports outside Manila, it said in a statement on Monday, April 2.

“Based on the initial report from the BoC Financial Service, a total of P45.398 billion revenue was collected, exceeding the P45.133 billion target for the month of March by P265 million,” Commissioner Isidro S. Lapena was quoted in a statement as saying.

The March take was 19.1% greater than the P38.11 billion collected in the same month last year.

The BoC said that 12 of its 17 ports exceeded their revenue targets, despite having two non-working holidays last month.

The Port of Batangas collected P11.542 billion, exceeding its P10.449 billion target by 10.5%. This was followed by the Limay port recording P2.896 billion in revenues, surpassing the P2.746 billion goal by 5.5%, and the Cebu port collecting P2.189 billion, 7.6% higher than the P2.034 billion target.

Also among BoC ports that exceeded its targets include:

• The Port of Davao, collecting P1.755 billion, 21.1% over its target;
• The Port of Subic, collecting P1.655 billion, 1.9% over its target;
• The Port of Cagayan de Oro, collecting P1.625 billion, 27.4% over its target;
• The Port of San Fernando, collecting P278 million, 13% over its target;
• The Port of Clark, collecting P154 million, 29.8% over its target;
• The Port of Tacloban, collecting P68 million, 241.6% over its target;
• The Port of Legaspi, collecting P22.10 million, 0.5% over its target;
• The Port of Surigao, collecting P4 million, 262.7% over its target and the;
• Port of Aparri, collecting P6 million, 37.5% over its target.

Meanwhile, the ports which failed to hit the target are:

• The Port of Manila, collecting P5.776 billion, missing its target by 14.9%;
• The Manila International Container Port, collecting P12.625 billion, missing its target by 9.28%;
• The Ninoy Aquino International Airport, collecting P3.094 billion, missing its target by 25.9%;
• The Port of Iloilo, collecting P176 million, missing its target by 27.8%, and the;
• Port of Zamboanga, collecting P700,000, missing its target by 96%.

“Following this development, the district collectors of these ports and others concerned will be eventually replaced in compliance to the earlier directive that district collectors, deputy collectors for assessment, chief of Formal Entry Division, examiners, appraisers, and other BOC personnel performing assessment functions will be relieved,” the bureau said.

The BoC is tasked to collect P637.1 billion this year, 39.05% higher than the actual P458.18 billion recorded in 2017. — Elijah Joseph C. Tubayan





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