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Sunday, March 3, 2024

Modernization boosts Customs collection in 2022

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Modernization efforts at the Bureau of Customs have boosted the agency’s revenue collection last year.

Customs Port of Limay District Collector William Balayo said the modernization program helped collection districts surpass their respective revenue targets in 2022.

The BOC exceeded last year its annual target with a collection of more than P862 billion, which is 34 percent higher than the P643 billion collected in 2021.

The BOC Port of Limay recorded a collection of P78 billion for 2022, surpassing by 48 percent its original target of P53 billion.

He said the establishment of the Customs Operation Center has helped in curbing illicit trade.

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The facility is designed to house the different intelligence, enforcement, risk management, and scanning systems of the bureau.

He said the center manages the Electronic Tracking of Containerized Cargo (E-TRACC) and the Vessel Monitoring System, among others.

Balayo said under the E-TRACC System, a device is installed in containers to monitor their movement and location to secure the transit of imported goods.

The center also has the capability to provide remote access to the scanning or x-ray systems of the bureau.

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