BOC records another surplus collection month

Published March 2, 2021, 12:13 PM

by Ariel Fernandez

The Bureau of Customs (BOC) posted a collection surplus of nearly P4 billion this past February amid the raging coronavirus disease (COVID-19) pandemic.

MANILA BULLETIN FILE

A statement from the bureau Tuesday, March 2 said it collected P46.145 billion last month as against its P42.157-billion target. This means that an excess of P3.988 billion or 9.5 percent went to government coffers.

Based on the preliminary report from the BOC-Financial Service, 10 of the 17 Collection Districts surpassed its collection target for the month of February 2021, namely, the Port of Legaspi, Port of Tacloban, Port of Cagayan De Oro, Port of Subic, Port of Batangas, Port of Iloilo, Port of Clark, Port of Davao, Port of Manila, and Manila International Container Port.

Last January, the bureau also surpassed its monthly revenue collection target by 7.4 percent or P3.277 billion.

BOC Commissioner Rey Leonardo Guerrero again commended the efforts of the men and women of the bureau who, despite the risk to their health and safety, showed their unwavering commitment and dedication to service.

The bureau said it continues its intensified collection efforts in all ports and ensuring unhampered movement of goods on top of other important tasks such as maintaining border security and trade facilitation.

 
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