DUMAGUETE CITY – The Bureau of Customs (BOC) Sub-port of Dumaguete was able to collect more than P5 billion in duties and taxes from Jan. 1 to Dec. 31, 2019.
Dumaguete customs collector Fe Lluelyn Toring on Wednesday said the actual collection of P5.061 billion is 15.78 percent higher than the adjusted target collection of P4.371 billion.
“At the start of the year, the customs office in Dumaguete was assigned a challenging P3.8 billion target collection. However, by the second semester of 2019, it was adjusted to P4.371 billion-plus,” she said.
Toring said it was a bigger challenge for them to be able to meet or exceed the new target, which was up by more than P571 million, even though the office was already raking in revenues more than its monthly targets early on in the year.
The Sub-port of Dumaguete is happy to report that at the end of 2019, it had gained a surplus of more than P689.867 million in revenues, she added.
Toring attributed this to the increase in the volume of importation of fuel products by its number one contributor.
Collections were derived from the payment of customs duties, excise and value added tax from various imports such as unleaded diesel and fuel oil, palm olein, liquefied petroleum gas, and cement, as well as the conversion of vessels from foreign to domestic trade, Toring said.
A comparative collection report showed that in 2018, the BOC Sub-port of Dumaguete was assigned a target collection of P2.295 billion and this was breached by as much as 48.21 percent, with an actual collection of more than P3.401 billion. (PNA)
