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Customs posts record-high P46.47-B collection in November


The Bureau of Customs posted a P46.470-billion revenue collection for the month of November —its highest-ever recorded monthly collection in its revenue history.

Customs Commissioner Isidro Lapeña said that five collection districts of the BOC -- Batangas, Davao, Cagayan de Oro, Clark and Tacloban -- surpassed their monthly collection targets.

The said ports achieved the following collection records:

  • Port of Batangas: P13.339-billion collection, 18 percent higher against its P11.36-billion revenue target
  • Port of Tacloban: P59-million collection, 177 percent higher against its P21 million revenue target
  • Port of Cagayan de Oro: P1.273-billion collection, 1.1 percent higher against its P1.259 billion revenue target
  • Port of Clark: P149-million collection, 6.6 percent higher against its P140-million revenue target
  • Port of Davao: P1.56-billion collection, 6.6 percent higher against its P1.464 billion revenue target

“We have been achieving historical collection figures since September, but the latest November collection is really a milestone for BOC, being the highest in the monthly collection ever achieved by BOC," Lapeña said.

"This, despite having only 19 working days. I think we could have surpassed our monthly target if November has the usual number of working days,” he added.

The Customs chief said that apart from the efficient collection of the BOC and the “no tara policy” strictly being enforced, the increase in the November collection is marked by the increase in oil prices.

"It is also attributed to the increase in the volume of importation by 7.9 percent compared to last year’s volume of the same period," Lapeña said.

Auction proceeds, a non-traditional source of revenue, also contributed significantly to the latest collection feat, according to the Customs chief.

Data from the Port Operations Service for November showed total proceeds from auction reached P62,515,119.12. 

Meanwhile, total auction proceeds from January to November reached P256, 830,675.91. This collection came from auction proceedings of the BOC ports nationwide.

It can also be recalled that the BOC, thru the sub-port of Iligan, made a successful case settlement with First Nationwide Assurance Co. in the amount of P110 million, which is posted as part of last month's revenue.

Past records of the agency's monthly collection only reached more or less P35 billion while daily average collection amounted to only P1.8 billion.

Upon the assumption of Lapeña as BOC chief, the monthly and even the daily collections made records in the bureau's revenue collection history.

September monthly collection was posted at P41 billion while October reached P42 billion.

Last November 3 and 10, the BOC reached its highest daily collection in the amount of P3.045 billion and P3.839 billion, respectively.

“I am really optimistic that by December, the BOC will finally be able to hit, if not surpass its monthly target.  Together with all the ports, we are really hoping that we will achieve this," Lapeña said. —Ted Cordero/ALG, GMA News

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