More than half of the Bureau of Customs’ (BOC) collection districts exceeded their revenue targets in September, helping the agency post a double-digit growth for the month.
The BOC said in a statement yesterday its revenue performance continues to improve, resulting in a 13 percent increase in its collections in September 2019.
Based on the preliminary figures released by the BOC’s statistical analysis division, the P59.209-billion collection in September is P6.789 billion higher compared to the P52.42-billion collection for the same period in 2018.
The BOC attributed the growth in revenue collection last month to the increase in the volume of importation, higher collection as a result of the Tax Reform for Acceleration and Inclusion Law, Rice Tariffication Law, and the National Food Authority tax expenditure collection.
Contributing to the growth in revenue are the 17 collection districts, of which nine exceeded their targets in September.
Among the performing ports are the three billionaire ports of the bureau – Ports of Limay, Cagayan de Oro and Subic with total collection of P5.065 billion, P3.197 billion and P3.107 billion, respectively. The three ports were able to hit their monthly targets, the BOC said.
Other ports that were able to surpass their revenue goal are the Ports of San Fernando, La Union (P333.25 million), Iloilo (P257.38 million), Tacloban (P145 million), Surigao (P4 million), Zamboanga (P26.81 million) and Aparri (P13.53 million).
Meanwhile, the Ports of Batangas and the Manila International Container Port, although missing their targets for the month, collected the highest revenues with P15.514 billion and P14.634 billion, respectively.
Moreover, P5.667 billion revenue was collected in the Port of Manila, P3.745 billion in the Ninoy Aquino International Airport, P2.598 billion in Cebu, P1.997 billion in Davao, P13.56 million in Legaspi and P187.83 million in Clark.
In a separate statement, the BOC said pilot-testing of the World Customs Organization (WCO) Cargo Targeting System (CTS) started last October 2, as part of the 10-point priority program of the bureau to boost trade efficiency while ensuring border security.
As provided by the Customs Modernization and Tariff Act, BOC will require shipping lines to comply with mandated timelines for the submission of manifests through the CTS, a tool for advanced profiling of shipments before they arrive at the Philippine ports using the manifest data given by the shipping lines and airlines.
The BOC said the objective is to require foreign carriers or their authorized agents to electronically transmit cargo information in advance using manifest data for profiling, risk assessment, anti-terrorism, law enforcement and other related purposes.
The system will thus enable the bureau to perform a comprehensive and effective risk assessment of import, export and transshipment cargo to identify high-risk shipments and to facilitate trade.
After the successful demonstration and pilot testing, the BOC said it is ready to launch and use the WCO CTS, with full implementation to begin by the third week of October 2019.