BOC earns P165M from rice auction

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THE Bureau of Customs (BOC) has generated a record P164.8 million in revenues from the auction of confiscated smuggled rice.

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In a public auction held last July 15, the Manila International Container Port (MICP) sold 103,746 sacks or 5.18 million kilograms of white and glutinous rice for P94.2 million, while the Port of Zamboanga gained an additional revenue of P70.57 million fromthe sale of 146,984 sacks or 3.74 million kilograms.

Total BOC revenues generated by five collection districts from auctions of illegally imported goods forfeited in favor of the government reached P346.56 million from year to date.

The five collection districts that contributed to the revenue are Port of Manila with P81.35 million, MICP with P145.68 million, Port of Batangas with P32.36 million, Port of Zamboanga with P70.57million and Port of Davao with P16.58 million.

In addition to the added revenue, the various auctions were able to free 491 container vans that the bureau was able to return to their respective shipping lines.

These empty container vans can now be issued again for circulation by the shipping lines.
“We are pleased that in addition to the revenues for the government, these public auctions of forfeited goods have also helped in freeing the ports of congestion,” Customs Commissioner Alberto Lina said.

“We will continue to expedite the disposition of forfeited shipments in the coming months.
In fact, Port of Manila is slated to conduct an auction sale of seized items in Warehouse 159 that are undergoing inventory and segregation of confiscated items for auction and for disposal,” Lina added.

The Port of Manila is set to hold another auction at the end of the month where it is expected to generate at least P7.5 million.

To be auctioned off are 318,000 kilograms of steel sheets, 550 bales of cotton handloom  of assorted used televisions.

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