MANILA – The Bureau of Customs (BOC) revenue collection reached more than P585.542 billion in 2018, achieving 100.1 percent of its P584.881 billion collection goal, data showed.
Based on the preliminary data from the agency’s financial service, the tax collection of the bureau in 2018 grew by 27.8 percent as compared to last year’s total revenue collection of P458.183 billion.
In a press release issued on Saturday, BOC said its data showed that 14 out of the 17 bureau’s collection districts have reached their annual revenue collection targets.
The 14 collection districts were the ports of San Fernando, Batangas, Legazpi, Iloilo, Cebu, Tacloban, Surigao, Cagayan de Oro, Zamboanga, Davao, Subic, Clark, Aparri and Limay.
However, the Manila International Container Port, the district with the highest annual revenue target of P180.656 billion, has collected P165.075 billion only.
Also, the Port of Manila was not able to reach its target of P88.103 billion with a total collection of P86.191 billion.
The Port of Ninoy Aquino International Airport meanwhile collected only P40.85 billion against its revenue target of P46.171 billion.
From February to September 2018, the BOC hit its monthly revenue goals, the agency said.
BOC commissioner Rey Leonardo Guerrero lauded Customs personnel and stakeholders for the agency’s strong performance, saying, “This feat is attributed to the strong collection performance of the 17 collection districts and the continuing support and cooperation of the men and women of the Bureau of Customs and of our stakeholders.”
The BOC chief also said they will continue to work on improving their revenue collection even as they seek ways to end corruption in the agency.
“We still need to strengthen our collection efforts and do better to achieve our goal of a consistent and enhanced collection performance,” Guerrero said. (GMA News)
