BOC exceeds January collection goal by 6.92%

The Bureau of Customs (BOC) said Tuesday it surpassed its collection target in the first month of 2021 despite the lingering effects of the COVID-19 on the overall trading environment.

In a statement, the BOC said it collected P47.143 billion in January, surpassing its goal of P44.092 billion for the month by 6.92%.

Citing preliminary figures from its Financial Service, the Customs said 11 out of the 17 collection districts surpassed their collection target for January. These are Ports of Manila, NAIA, Batangas, Legazpi, Iloilo, Tacloban, Cagayan de Oro, Zamboanga, Davao, Subic, and Clark.

In 2020, the BOC exceeded its annual revenue collection target by 6.6% or P33.5 billion, collecting P539.7 billion against its P506.2-billion target.

“Indeed, the Bureau continues to improve its efficient collection performance through intensified efforts of all its ports, not to mention, the improvement in volume of importation, as well as the government's effort in ensuring unhampered movement of goods, while maintaining border security and enhanced trade facilitation,” the BOC said.

For his part, Customs Commissioner Rey Leonardo Guerrero commended the efforts of the men and women of the BOC who, “despite the risk to their health and safety, showed their unwavering commitment and dedication to service during an executive committee meeting.”—AOL, GMA News