BOC surpasses June collection despite crisis

Amid the Coronavirus Disease 2019 (COVID 19) pandemic that affects the overall trading environment and a stringent community quarantine, the Bureau of Customs was able to surpass its June 2020 collection target by 4.4% or P1.8 billion.

In a statement, the BOC said it collected P42.539 billion against its target of P40.739 billion in June.

Based on the preliminary report from the BOC-Financial Service, eleven of the seventeen collection districts were able to hit their respective targets, namely: the Port of San Fernando La Union, Port of Legaspi, Port of Cebu, Port of Tacloban, Port of Cagayan De Oro, Port of Zamboanga, Port of Davao, Port of Subic, Port of Clark, Port of Aparri, and Port of Limay

The BOC’s positive revenue collection performance is the result of intensified collective effort of all ports and the gradually improving volume of importation.

Customs Commissioner Rey Leonardo Guerrero attributed the positive collections to the government efforts in ensuring unhampered movement of goods domestically and internationally considering the pandemic situation.

Topics: Bureau of Customs , BOC , 2020 collection , Coronavirus Disease 2019 , COVID 19
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