• BOC challenged to beef up collection

    0

    State auditors at the Bureau of Customs (BOC) were challenged to exert more effort in collecting duties, taxes and other related charges after its target collection for 2015 fell short by P69.685 billion. The auditors made the observation in the Commission on Audit’s (COA) Consolidated Management Letter on its audit of the BOC for 2015. “The actual collection reported for CY [Calendar Year] 2015 amounting to P366.906 billion falls short compared to the CY 2015 collection target of P436.591 billion by P69.685 billion or a 16 per cent deficit, thus, the bureau’s revenue target stated in the GAA [General Appropriations Act] for FY [Fiscal Year] 2015 was not realized,” they found upon analysis. COA said eight ports/office achieved their target while 10 incurred a deficit. The eight that achieved and even exceeded their target are: Legazpi port – P319 million; Iloilo port – P2.273 billion; Cebu port – P16.512 billion; Surigao port – P20 million: Zamboanga port – P182 million; Davao port – P11.644 billion; Clark Int’l. Airport – P1.279 billion; and Office of the Commissioner-Tax Expenditure Fund (OCOM/TEF) – P10.129 billion. With collection deficit are: San Fernando (La Union) port – P1.738; Port of Manila – P58.673 billion; Manila International Container Port – P103.738 billion; Ninoy Aquino International Airport – P31.264 billion; Batangas port – P81.877 billion: Tacloban port –P165 million; CDO port – P9.026 billion; Subic port – P16.399 billion; Aparri port – P8 million; and Limay port – P21.66 billion.

    Share.
    loading...
    Loading...

    Please follow our commenting guidelines.

    Comments are closed.