Customs exceeds Q1 collection target

THE Bureau of Customs (BoC) said it exceeded its first quarter revenue target, with 10 out of 17 ports hitting their collection goals.

In a statement released yesterday, the BoC said that it collected P104.9 billion in the first three months of 2017, up 15.6% from the same period last year.

This exceeded its target for the period by P62 million.

Sought for comment, BoC Office of the Commissioner Chief of Staff and Spokesperson Mandy Therese M. Anderson said via mobile phone message: “Yes we are optimistic that we will surpass the targets for the succeeding quarters. We thank the customs employees for the continued effort and the importers and brokers for being our partners in achieving our collection goals.”

Ten out of 17 ports exceeded its targets, with the Port of Legazpi leading at P151.6 million, or 157.3% higher than the target, followed by the Port of Zamboanga at P124.4 million, exceeding the target by 132.6%.

Port of San Fernando meanwhile collected P749.4 million in the first quarter, beating the target by 39%. The Port of Tacloban received P61.7 million, 20.4% more than its P51.3 million target. For the Port of Iloilo, it collected P677.3 million, 16.8% more than its P579.8 million revenue goal.

The Port of Subic and Port of Cagayan de Oro saw collections beating targets by 16.2% at P4.271 billion and 16% at P3.047 billion, respectively.

Other ports that exceeded its targets are: the Port of Davao collecting 15.8% more to P3.648 billion, Port of Clark getting 14.6% higher to P349.1 million, and the Port of Limay performing 4% higher to P6.859 billion.

Meanwhile, two of the largest ports — Port of Manila and the Manila International Container Port failed to collect its targets after posting P16.088 billion and P31.947 billion, respectively. —