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23 June 2024, 22:10 PM

BOC exceeds September 2023 Collection target

October 4, 2023

The Bureau of Customs (BOC) collected P79.225 billion in duties and taxes, surpassing its September 2023 goal of P76.445 billion by P2.780 billion or 3.64%.

The BOC also topped its revenue target for January to September 2023, netting P660.716 billion, surpassing its goal of P644.185 billion by 2.57%, or P16.531 billion.

Under the stewardship of Commissioner Bienvenido Y. Rubio, effective customs operations, increased trade activity, and rigorous revenue collection efforts were put in place, which paved the way for the BOC’s consistent remarkable collection performance.

Furthermore, the BOC recently collaborated with the Department of Trade and industry (DTI), Strategic Trade Management Office (STMO), and ARISE Plus Philippines to promote facilitation of customs procedures and improve trade competitiveness.

In another significant move towards upholding the rule of law, the Bureau has successfully conducted 730 anti-smuggling operations which resulted in the seizure of P35.963 billion smuggled goods. This shows the BOC’s commitment to intensify border protection and thwart illicit activities.

The BOC’s achievements reflect its dedication to promote growth of the nation’s economy. These successes will provide funding for significant government programs and services that will benefit the Filipino.

Republic of the Philippines

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