Latest Breaking News On - He bureau recorded its highest monthly revenue collection in history with php70 billion for the period boc commissioner rey leonardo guerrero attributed performance to improved valuation - Page 1 : comparemela.com
MANILA-The Bureau of Customs (BOC) on Wednesday reported it has posted a surplus of PHP10.769 billion in its April revenue collection. Based on the preliminary report from the BOC-Financial Service, the amount is 19.6 percent over its target for last month of PHP54.9 billion. The total collection for April 2022 is PHP65.7 billion. It also reported that 14 out of the 17 collection districts hit their targets namely: the Ports of San Fernando, Port of Manila, MICP, Batangas, Legaspi, Iloilo, Cebu, Cagayan de Oro, Zamboanga, Davao, Subic, Clark, Aparri, and Limay. Last March, the Bureau recorded its highest monthly revenue collection in history with PHP70 billion collection for the period. BOC Commissioner Rey Leonardo Guerrero attributed the collection performance to the improved valuation, intensified enforcement against illegal importations, and improved compliance by traders to customs laws. The BOC is the 2nd largest revenue-generating government agency next to the Bureau of Internal