BOC tops March collection target by P6.8 billion

On Apr 6, 2021

FOR the third straight month this year, the Bureau of Customs (BOC) announced it has surpassed its assigned monthly collection target by 14.2 percent, equivalent to P6.8 billion.

Based on preliminary report by the agency’s Financial Management Service to Comm. Rey Leonardo Guerrero, actual cash collection for March reached P54.5 billion, against the assigned target of P47.7 billion.

Year-on-year, Guerrero noted the figure is also 22.1 percent higher, equivalent to P9.8 billion, compared to its actual cash collection of P44.6 billion for the same month last year.

On a quarterly basis, the bureau also posted a positive deviation of P10.5 percent or a surplus of more than P14 billion, after collecting P148 billion against its target of P134 billion for the same period last year.

Similarly, Guerrero noted that the first quarter revenue take is also P1.9 percent higher or P2.7 billion more, compared to the P145.3 billion collection for the period January to March 2020.

Well deserved recognition. Bureau of Customs Port of Subic District Collector Marites Martin, received plaque of commendation from Finance Secretary Carlos Dominguez and Customs Commissioner Rey Leonardo Guerrero for her outstanding performance that resulted in the revenue collection of P28.68 billion with a surplus of P3.38 billion (13.4 percent positive deviation) compared to the PoS’ annual target for 2020. The PoS, under Martin, actually
reached its annual target one month earlier, in November 2020. The recognition was given to Martin during the bureau’s 119TH anniversary last February (stock photo).

Assistant commissioner and spokesperson, Atty. Vincent Maronilla, attributed the positive revenue collection performance to the “improved valuation and intensified collection efforts of all the ports.”

The records also showed that 13 of the bureau’s 17 collection districts managed to overshoot their respective assigned targets, namely:

The Port of San Fernando, Port of NAIA, Port of Batangas, Port of Iloilo, Port of Cebu, Port of Tacloban;

Port of Surigao, Port of Cagayan De Oro, Port of Zamboanga, Port of Davao, Port Subic, Port of Clark and, Port of Limay.

In a brief message, Guerrero commended the efforts of the bureau’s district collectors and the agency’s more than 3,000 personnel who, “despite the risk to their health and safety, showed their unwavering commitment and dedication to service.”

Guerrero also reminded them to remain vigilant in the performance of the agency’s other major responsibilities: facilitating trade while at the same time foiling all forms of smuggling.