By Betheena Kae Unite
The Bureau of Customs announced Monday that it exceeded its collection target for the month of June, posting a total of P50.139 billion in revenue.
For the second consecutive month, all but one port under the Customs bureau hit their respective collection target, Deputy Commissioner James Dy Buco confirmed.
Preliminary data released by the bureau’s Financial Service showed that the agency’s latest collection feat is 4.9 percent or P2.342 billion up against the P47.797 billion revenue target for June.
This is 41.6 percent or P14.01 billion higher compared to the P35.417-billion collection in the same period last year.
Just like last month, 16 out of the 17 ports exceeded their monthly target.
The ports and their respective collection follow: Port of Batangas, P12.23 billion, up by 10.5 percent or P1.16-billion; Port of Manila, P7.7 billion, up by 7.2 percent of P515 million; Port of Limay, P3.806 billion, up by 30.9 percent of P898 million; Port of NAIA, P3.24 billion, up by 2.8 percent or P87 million; Port of Cebu, P2.44 billion revenue, up by 13.1 percent or P281 million; Port of Davao, P2.414 billion, up by 57.4 percent or P880 million; Port of Cagayan de Oro, P1.925 billion, up by 42.6 percent or P575 million; Port of Subic, P1.724 billion, up by 0.2 percent or P4 million;
Port of Iloilo, P399 million, up by 53.9 percent or P140 million; Port of San Fernando,P336 million, up by 28 percent or P74 million; Port of Clark, P160 million, up by 26.7 percent or P34 million; Port of Tacloban, P137 million, up by 553.9 percent of P116 million; Port of Zamboanga, P29 million, up by 24.2 percent or P5.6 million; Port of Legazpi, P26 million, up by 15 percent or P3.5 million; Port of Aparri, P7 million, up by 80.8 percent or P3 million; and Port of Surigao, P3.5 million, up by 76.1 percent or P1.5 million.
It was also disclosed that as early as June, the Port of Tacloban has already collected its annual revenue target for 2018, generating a total revenue of P394 million which is 47.57 percent up compared to its P267 million annual target.
The only port - Manila International Container Port (MICP) - that did not reach its collection target and posted P13.507 billion revenue, lower than its P14..738 billion target.
MICP's total collection and target, however, is the highest among all ports.
Halfway from annual target
The bureau has already reached P280.33 billion revenue collection from January to June 2018, exceeding the P278.13-billion target for the first half of the year by P2.2-billion.
The bureau has an annual revenue collection target of P598 billion.
“This achievement is attributed not only to the consistent diligence of all BOC ports in terms of collection but also to the continuing application of correct valuation and tariff classification of goods," Customs Commissioner Isidro Lapeña said.
“Our strengthened campaign against illicit trade and our effort to improve our trade system have significantly increased the bureau’s revenue collection,” Lapeña added.
Last month, the bureau also hit its collection target, posting P52.748-billion revenue, exceeding the target by P2.12-billion.
MICP, one of the major ports in the country, also failed to reach its collection target last month, causing its district collector to be replaced.