BOC logs record monthly collection of P59.9-B in September

BOC logs record monthly collection of P59.9-B in September

MANILA – The Bureau of Customs (BOC) recorded a revenue collection of PHP59.9 billion in September, its highest monthly collection to date.

Based on the preliminary report from the BOC’s Financial Service released on Friday, the bureau said this is PHP3 billion higher than the bureau’s PHP56.9 billion target collection for September.

This also exceeded the monthly collection target for nine consecutive months of 2021.

The surplus was recorded after eight out of the 17 collection districts exceeded their target last month – the ports of Limay, Manila, San Fernando, Zamboanga, Davao, Iloilo, Legaspi, and Clark.

The BOC has collected PHP472.204 billion since January, making up 76.6 percent of this year’s target collection of PHP616.749 billion.

The bureau attributed the positive revenue collection performance to the improved valuation and intensified collection efforts of all the ports, higher importation volume, and government moves to ensure the unhampered movement of goods domestically and internationally despite the pandemic.

Commissioner Rey Leonardo Guerrero commended anew the collective effort of the men and women of the bureau who, despite the risk to their health and safety, have shown their unwavering commitment and dedication to service. (PNA)

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