Manila Bulletin

Customs exceeds target in November

- By CHINO S. LEYCO

The Bureau of Customs (BOC), the government's second main tax agency, said yesterday that it has exceeded its collection target last month.

In a statement, Customs Commission­er Nicanor E. Faeldon attributed the higherthan-expected collection on the agency’s “positive trust rating” in the new administra­tion.

In November, the Customs raised R40.24 billion in revenues, higher by 12 percent against R36.45billion target for the month.

Customs’ collection performanc­e last month was also higher by 27 percent compared with R29.06 billion in the same month last year.

Faeldon said that stakeholde­rs are now cooperatin­g with the Customs due to its transparen­cy in transactio­ns.

The agency also benefited from its “full efforts” in increasing revenue collection, he added.

“In our outlook assessment report, the current collection record has exhibited a better leadership performanc­e in past five months in 2016, covering July to November,” Customs claimed.

Out of the 17 Customs ports, the Manila Internatio­nal Container Port (MICP) exceeded by R1 billion its R10.367.14billion target for November to R11.362.52 billion.

“We are targeting to improve more on our revenue collection performanc­e to support Commission­er Faeldon’s revenue collection efforts from today towards the future,” Danilo G. Ballena Jr., MICP chief of staff said.

Aside from their better management in the bureau, Faeldon also said that regular consultati­on with the stakeholde­rs, the public and social media boosted their anti-corruption and antismuggl­ing efforts.

“I congratula­te all our port collectors for their selfless efforts in improving their revenue collection­s that are usually translated into improved lives and services for the 95 million Filipinos,” Faeldon said.

For 2016, the Customs bureau is tasked to collect R406 billion.

Earlier, Faeldon said the agency might have difficulti­es in reaching its collection goal this year.

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