Sunday, 20 April 2025, 3:25 pm

    Customs on track to hit Q1 collection goal

    The Bureau of Customs (BOC), the government’s second largest tax unit, is on track to meet its first-quarter collection target on the back of better tax compliance.

    Customs Commissioner Bienvenido Rubio reported Monday that the bureau collected P166.97 billion from January 1 to March 13, above by nine percent against the P153.02 billion goal for the period.

    Rubio also said the agency collected P68.6 billion in his first month as Customs chief.

    “Aside from plugging revenue leakages, the BOC attributes its success to importers, who had fully complied with their payable duties and taxes, contributing to the positive collection performance of the agency,” the bureau said.

    Meanwhile, Customs awarded its 2022 top importers. Among those recognized were Petron Corp., Pilipinas Shell Petroleum Corp., Toyota Motor Philippines Corp., Unioil Petroleum Philippines Inc., and Seaoil Philippines Inc.

    Rubio also announced the creation of an advisory council that will engage all stakeholders, like the private sector, in formulating effective strategies.

    The advisory council will be the official forum for communication and consultation between the bureau and the business community, Rubio said.

    Its functions include assisting the commissioner in delivering “excellent” customs policies and services as well as identify obstacles in trade facilitation that result in delays and

    unnecessary costs.

    “We believe that by bringing together various stakeholders to form an industry-wide advisory council, we will be able to develop even more relevant policies that respond to our present needs,” Rubio said.

    He said placing the feedback and evaluation of partners and stakeholders will be at the core of his plans of action, noting that inclusivity will a catalyst in obtaining effective solutions.

    Last Friday, Rubio gathered the stakeholders of the bureau to recognize their contributions to the agency and present his five priority programs.

    Rubio said he prioritizes the digitalization of Customs processes, hit and surpass their collection target, simplify procedures and facilitate secure trade, curb smuggling in all forms, and uplift employee welfare and development.

    “The Five-Point Priority Program is the testament of our commitment to improving efficiency, upgrading systems and processes, and promoting integrity and professionalism,” Rubio. said.

    Related Stories

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here
    Captcha verification failed!
    CAPTCHA user score failed. Please contact us!

    spot_img

    Latest Stories