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The Bureau of Customs-Subport of Mactan in Cebu recognized its top 10 importers in 2023
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A.D. Gothong Manufacturing Corp remained as the subport’s leading importer with P478.281 million followed by San Miguel Food and Petron Corp
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The top 10 importers for 2023 contributed P943.565 million or 56.71% of the subport’s total collection of P1.664 billion last year
The Bureau of Customs-Subport of Mactan in Cebu recently recognized its top 10 importers in 2023, led by A.D. Gothong Manufacturing Corp.
The fats and oils company remained as the subport’s leading importer, contributing P478.281 million in duties and taxes. It was followed by food and beverage company San Miguel Food Inc. with P94.844 million.
BOC-Mactan in a statement said the top 10 importers contributed more than half or P943.565 million of the port’s P1.664 billion revenue collection last year.
Petron Corp. was the subport’s third top importer with P81.132 million, followed by luxury brand Louis Vuitton with P74.853 million.
In fifth place was Linde Philippines (South) Inc., an industrial gas and engineering company, which contributed P54.235 million, followed by Jasmin Scrap with P49.774 million.
In seventh place was animal feeds manufacturer Universal Feed Mill Corp. with P34.535 million, while integrated food company General Milling Corp. ranked eight with P31.963 million. Neovia Philippines, Inc., a leading player in animal nutrition, placed ninth with P24.396 million while power company Therma Visayas Inc. ranked 10th for contributing P19.552 million.
The BOC in 2023 reported a total collection of P883.624 billion, 1.09% higher than its annual target of P874.166 billion. The latest preliminary revenue collection was 2.46% higher than the P862.419 billion recorded in 2022, according to BOC parent Department of Finance.
For this year, the BOC is tasked to collect P959 billion, 9.7% higher than its 2023 target.
