ZURICH, Switzerland — President Ferdinand “Bongbong” Marcos Jr. believes that the digitalization of the Bureau of Customs (BOC) will be vital in the government’s fight against smuggling, noting that putting a stop to it will eventually lead to a steady supply of goods in the country....
Revenue collection is on track to hit the government's full-year target this year driven by the Bureau of Customs’ better than expected performance, data from the Bureau of the Treasury showed. Based on the Treasury report on Tuesday, Dec. 27, total revenues reached P3.277 billion from January to...
Senator Sherwin Gatchalian on Tuesday, December 20 urged the Bureau of Customs (BOC) ramp up its modernization program by achieving full digitalization and investing in new technology to arrest the rampant smuggling happening at the country’s ports. Gatchalian, chairman of the Senate Committee on...
ILIGAN CITY -- The Bureau of Customs (BOC) destroyed P395 million worth of smuggled cigarettes during the simultaneous public condemnation activity held at the Pavilion Gym, Provincial Government Complex, Barangay Dao, Pagadian City, and at a customs-rented warehouse in Barangay Baliwasan on...
The Bureau of the Treasury cancelled its last borrowing plan for the year given the government’s better than expected revenue collection performance, resulting in lower borrowing than originally planned. National Treasurer Rosalia V. De Leon said on Monday, Dec. 12, that the bureau already...
Senator Sherwin Gatchalian on Sunday, December 11, sought an assessment of the Bureau of Customs’ (BOC) modernization program amid the influx of smuggled products in the country. Recently, BOC agents have seized more than P63-million worth of frozen goods from Hong Kong and China. Also last week,...
The Court of Tax Appeals (CTA) said Friday, Dec. 2, that it has turned down the petition of the Bureau of Customs (BOC) to deny the multi-million peso duties and tax refund petition of Toyota Motor Philippines for the importation of selected vehicles from Japan. Court of Tax Appeals The court en...
Following the higher than expected revenue haul this year, Customs Commissioner Yogi Filemon Ruiz said he was looking at P1 trillion as his aspirational target for the government’s second largest tax agency. On the sidelines of the the Manila Bulletin Hotseat interview on Tuesday, Nov. 22, Ruiz...
The Department of Finance (DOF) vowed to modernize the government’s main tax agencies following the swift approval of its proposed budget for next year. In a statement, Finance Secretary Benjamin E. Diokno said on Monday, Oct. 3, that the DOF is planning to spend P30.57 billion in 2023, higher by...
Malacañang said there is no stopping the Marcos administration from going after big businessmen who are allegedly behind the widespread sugar hoarding as the Bureau of Customs (BOC) visited warehouses in Mindanao this week. File photo In a statement, Press Secretary Trixie Cruz-Angeles said that...
Six Bureau of Customs (BOC) officials from the Port of Subic were relieved for their supposed involvement in the alleged smuggling of sugar, Malacañang announced. The Bureau of Customs (BOC) relieves six officials for alleged smuggling of sugar at the Port of Subic. (OPS) Press Secretary Trixie...
Malacañang pounced hard anew on suspected sugar hoarders as it announced the seizure of at least 60,000 bags of sugar in a series of inspections in different warehouses in Bulacan on Saturday, August 20. The Bureau of Customs (BOC) yields at least 60,000 sacks of suspected hoarded sugar in their...
