The Bureau of Customs (BOC) has surpassed its collection goal by 3.9 percent so far this year.
In a statement yesterday, the BOC said based on its preliminary report, the agency was able to collect P330.27 billion between January and May 13, 2024.
This is higher than the target of P317.87 billion by 3.9 percent or P12.41 billion.
The latest collection figure also translates to a 7 percent increase from the same period last year when P308.65 billion was collected.
Customs Commissioner Bienvenido Rubio recently provided a comprehensive update on the bureau’s accomplishments and ongoing initiatives across the agency’s various operational areas so far this year during the Department of Finance’s (DOF) executive committee meeting last May 15.
According to the BOC, 132 apprehensions were conducted in the first quarter, resulting in seizures worth approximately P28.02 billion.
These seizures included general merchandise, counterfeit goods, cigarettes/tobacco and various illegal drugs uncovered at different ports.
Meanwhile, under the fuel marking program, a total of 7.01 billion liters of fuel was marked for the current calendar year and fuel worth P908.52 billion has been marked from 2019 to May 9, 2024.
The BOC said it will continue to enhance its operations and strategies to meet critical goals.
“The BOC remains committed to contributing to DOF’s goal of fostering national socio-economic growth by collecting additional revenue for our fellow Filipino people and guarding the country’s borders,” Rubio said.
