Bureau of Customs Sept collection misses target


THE Bureau of Customs missed its collection target in September even though the amount was higher than the year-earlier figures, preliminary government data showed Wednesday.

The bureau said it netted P33.95 billion last month, missing the P35.79 billion goal by 5.14 percent. The collection in September was 3.97 percent higher compared with P32.65 billion a year earlier.

Of the 17 collection districts, six have exceeded their collection targets for the month: Port of Clark (P225.2 million), Port of Iloilo (P211.8 million), Port of Zamboanga (P19.5 million), Port of Cebu (P1.759 billion), Port of Davao (P1.052 billion), and Port of Batangas (P8.529 billion).

The Manila International Container Terminal (MICP) posted P10.583 billion based on initial reports, and is near its P10.601 billion target.

Other than saying it expects a higher print once the final the report is complete, the bureau did not explain why it fell short of the collection target for the month.

The revenue generated in September brought the year-to-date tally to P288.1 billion, up 7.41 percent from P268.22 billion a year earlier.

Commissioner Faeldon welcomes this improvement in the revenue collection, and reminded the public of the other functions of the Bureau.

“It depends on our ability to address other issues that we can improve the revenue collection,” he said.

Faeldon emphasized in earlier interviews that the eradication of corruption—which his leadership is currently working on—will help the bureau increase collection.


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