The Bureau of Customs (BOC) continued to play a crucial role in supporting the Philippines’ national development by collecting PhP931.046 billion in revenues in 2024 which directly contributes to funding vital public services in line with President Ferdinand R. Marcos Jr.’s Bagong Pilipinas vision. This revenue collection was achieved by the BOC despite the lower 2024 baseline due to the impact of tariff reduction in rice and selected electronic vehicles, and deferment of priority reforms such as excise tax on pick-ups under the Capital Market Promotion Efficiency Act.
Several ports, including Legazpi, Tacloban, Ninoy Aquino International Airport, Clark, and Cagayan De Oro, exceeded their revenue targets for the year. The BOC also generated additional PhP2.710 billion in revenue through post-clearance audits and voluntary disclosures applications. Meanwhile, collection from Tax Expenditure Fund from government importations reached PhP13.238 billion.
In 2024, the BOC introduced various policies and initiatives to streamline payment processes and improve stakeholder experience. Among these is the Electronic Payment Portal System (ePay), implemented through Customs Memorandum Order (CMO) No. 06-2024, which enables stakeholders to pay customs duties, taxes, and other fees online, minimizing physical transactions and enhancing efficiency.
Strategic partnerships further strengthened the BOC’s payment systems. The BOC formalized a Memorandum of Agreement (MOA) with LandBank of the Philippines to utilize the Link.BizPortal for digital payment processing. A renewed MOA with Maya Philippines Inc. also integrated Maya’s payment platform into BOC operations, enabling seamless transactions through online channels, Point-of-Sale (POS) terminals, and Smart Padala centers.
Through these efforts, the BOC continues to strengthen its role in promoting economic stability and supporting the Philippines’ growth, ensuring that customs operations remain efficient, transparent, and responsive to national needs.
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