BOC-Mactan collects P944M from top importers

The Bureau of Customs (BOC) Subport of Mactan has collected P943.565 million in revenue in 2023 from Cebu’s top 10 importers.

The amount is 56.71 percent of the total actual collection of P1.664 billion by the subport for the said year.

“The unwavering support of the Bureau's stakeholders, particularly the Importers, has contributed greatly to its success,” Bureau of Customs (BOC) Subport of Mactan said in a Facebook post.

A.D. Gothong Manufacturing Corporation, a fats and oils company in the country, is still the leading importer, directly contributing P478.281 million to the total duties and taxes collected by the port. Second is San Miguel Food Inc., the largest food and beverage company in the Philippines, with a total revenue contribution of P94.844 million

The two companies are followed by Petron Corporation, the largest oil refining and marketing company in the Philippines, supplying more than a third of the country's oil requirements, with P81.132 million in duties and taxes; Louis Vuitton, a luxury brand known for signature monogrammed handbags, luggage, and more (P74.853 million); Linde Philippines (South) Inc., which manufactures and distributes industrial, medical and specialty gases and provides a range of related services including the installation of on-site plants, gas equipment, pipelines, and associated engineering services (P54.235 million).

Jasmin Scrap (P49.774 million); Universal Feed Mill Corporation, a Cebu-based company engaged in the manufacture of high-quality hog, poultry and game fowl feeds (P34.535 million); General Milling Corporation, one of the biggest integrated food companies in the Philippines (P31.963 million); Neovia Philippines Inc., a leading player in animal nutrition that operates in six business lines: complete feed, aquaculture, pet care, premix/firm services (P24.396 million); Therma Visayas Inc., operator of one of two coal-fired power plants in the country that houses a coal dome facility (P19.552 million).

In the same Facebook post, BOC-Mactan said that it is “committed to fostering stronger ties and working relationships between the Bureau and its partner agencies and stakeholders, with the goal of motivating stakeholders, specifically the importers, to hit or surpass the revenue it collected”.

It credited the leadership of “Collector Atty. Ricardo Uy Morales II, CESE, with guidance from Commissioner Bienvenido Y. Rubio, the Subport of Mactan, under the direction of Port Collector Gerardo Campo” for the accomplishment. -