BOC Davao sets daily collection record of P817.7M on Sept 10

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The Bureau of Customs (BOC) Port of Davao last September 10 recorded its highest revenue collection in a single day with P817.736 million. With this feat, the collection district surpassed its collection goal for the entire month on its second week.

From September 1 to 10, the Port of Davao and the subports of Dadiangas, Parang, and Mati took in a total of P1.825 billion, already 10.34% more than the P1.654-billion target for the whole month.

BOC-Davao district collector Atty. Erastus Sandino Austria in a statement attributed the positive performance to collaborative efforts of customs officers and stakeholders who continued to transact with the agency despite the COVID-19 outbreak.

He added the strict implementation of proper valuation of goods, proper assessment of duties and taxes, and revenue collection from public auctions of abandoned shipments contributed to the outcome.

BOC noted that Davao last August likewise exceeded its monthly target, one of nine out of 17 collection districts to surpass their target for that month.

BOC in August 2020 collected P44.59 billion, topping its P33.68-billion target by 32.58%. For the first eight months of the year, the agency recorded P347.6 billion in revenues, higher by 5.13% than the P330.63-billion target for the period.