PH Customs’ April haul hits P27B

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The Philippine Bureau of Customs (BOC) collected P27.141 billion in taxes and duties last month, up from P25.362 billion a year earlier, but 1.31% short of its P27.503-billion target.

This brought the agency’s January-April collections to P95.957 billion, 1.12% more than P94.896 billion recorded year-on-year.

The country’s three biggest gateways — Manila International Container Port, Port of Manila and Ninoy Aquino International Airport — were among the 10 laggards in revenue collections, with an aggregate deficit of P6.9 billion for the first four months of this year.

They were also among the 10 BOC collection districts that failed to meet their revenue targets in 2012.

The Port of Subic put in a stellar performance though, collecting P1.091 billion in April, nearly double its P561.98-million goal. The latest figure was also 74.56% higher than the P625 million collected in the same month last year.
MICP raised P24.4 billion from January to April this year, P3.45 billion short of its four-month target of P27.9 billion.

The Port of Manila also missed its goal of P21.5 billion, with collections for the same period totaling only P18.4 billion.

The NAIA collection district reported revenues of P7.92 billion, short of its P8.31-billion target.

In April, only eight of the agency’s 17 collection districts met their revenue targets. They were the Subic Freeport, Clark International Airport, Iloilo, Legazpi, Surigao, Davao, Cagayan de Oro, and Limay, Bataan.

Clark collected P242 million, more than triple its target of P71 million, while Cagayan de Oro’s revenues amounted to P457 million, or P10 million more than its target of P447 million.

With collections of P92 million, Iloilo surpassed its monthly target of P71 million, while Legazpi registered revenues of P24 million, P8 million more than its target of P16 million, the Inquirer reported.

The Surigao port’s revenues totaled P21 million compared with its target of P4.5 million.

With collections of P498 million, Davao surpassed its target of P493 million by nearly P5  million, while Limay collected a total of P3.69 billion compared with its target of P3.53 billion, or a surplus of P160 million.

Image courtesy of iosphere / FreeDigitalPhotos.net