AMID dwindling revenue collection in the past several years, the Bureau of Customs (BoC) has formed a special committee that will look into root causes of the bureau’s below-par performance and find ways to reverse the situation.
Customs Commissioner Nicanor Faeldon on Monday issued Customs Personnel Order (CPO) No. D-23-2016, creating the Committee on Revenue Enhancement (CORE), which will address the huge shortfall in revenue collection.
For the past years under the previous administration, the BoC had failed to attain its annual revenue collection target.
In 2015 alone, it posted a total collection of only P367.534 billion—15.8 percent short of the P436.592-billion target.
CORE was created to ensure that the bureau will meet its 2016 revenue collection target of P498 billion.
The huge drop in revenue collection had been erratic, but mostly on the downside, at the start of the Aquino administration in 2010 and after the appointment of Commissioner Angelito Alvarez as BOC chief.
The downward spiral went on during the watch of Alvarez’s successors, namely, former commissioner and now Muntinlupa City (Metro Manila) Rep. Rozanno Rufino Biazon and former commissioners John Sevilla and Alberto Lina, all Aquino appointees.
Faeldon, the first Customs commissioner under the Duterte administration, replaced Lina.
Faeldon has designated CORE to scrutinize daily the performances of the 17 collection districts; identify loopholes in collection and suggest solutions; study and formulate strategies to maximize revenue collection; and guide assessment officials on how to maximize collection efforts and surpass their respective targets.
Heading the committee is Director Cecile Marie Soriano, chief of the Financial Services Office.
Despite the deficit inherited from the past administration, Faeldon expressed hope that the bureau would be able to surpass this year’s target in the remaining months.
The BoC is the second largest revenue-collecting agency of the government next to the Bureau of Internal Revenue.