Leading oil industry player Petron Corporation has landed again in the roll of the Bureau of Customs (BoC) as among its top taxpayers as well as importer of fuel commodities last year. In a statement to the media, Petron noted that it has been “consistently ranked as the highest contributor to t
Fresh from surpassing its collection target in 2021, the Bureau of Customs sustained its revenue efforts as it raised more than 17 percent of its 2022 goal just two months into the year.
(File photo) MANILA - The Bureau of Customs (BOC) on Tuesday reported that it has exceeded its target collection for February by over 17 percent. Citing the latest preliminary report from its Financial Service, the BOC said it has collected a total of PHP59.036 billion, an increase of over PHP8.7 billion from its target collection of PHP50.302 billion. It also reported that 14 of the 17 collection districts exceeded their target for the month the ports of San Fernando, Port of Manila, Manila International Container Port, Batangas, Iloilo, Cebu, Tacloban, Cagayan de Oro, Zamboanga, Davao, Subic, Clark, Aparri, and Limay. The positive performance continues to highlight the bureau's consistent and positive monthly collection for consecutive months and is attributed to the improved valuation and intensified collection efforts of all the ports. "Since 2020 we have been posting a surplus in our collection. This is a strong indication of the reforms implemented by the Bureau of Cus
The government agency "Bureau of Customs" trended on Twitter Philippines after it was floated in the presidential candidates' corruption probe wish list
President Duterte will turn over to the next administration a more modernized and sophisticated customs bureau that has transformed into a highly efficient agency and automated majority of its processes on his watch, Finance Secretary Carlos G. Dominguez III said. On the occasion of the Bureau o