CITY OF SAN FERNANDO, Pampanga – The Bureau of Customs (BOC)-Port of Clark has surpassed its collection target for eight straight months.
A report from the Collection Division showed that BOC-Port of Clark exceeded its target with a collection of PHP258.95 million as early as Aug. 23 as compared with its target of PHP258 million.
“The Port of Clark hits the target with a surplus of PHP957,308, or a positive deviation of 0.37 percent, which is expected to increase until the end of the month,” District Collector Alexandra Lumontad said in a social media post on Friday.
The actual collection as of Aug. 23 was also 119.64 percent higher than the PHP117.90 million during the same period last year, showing the year-on-year growth of revenues in the port.
Lumontad said the BOC-Port of Clark’s positive revenue collection performance can be attributed to the collective effort of the personnel in ensuring an accurate assessment of customs duties and taxes.
“Hitting the target was a result of collective efforts of our personnel, the strict implementation of customs rules and regulations, and the implemented systems and streamlined procedures boosting revenues and propelling trade facilitation efforts of the bureau,” she said.
“The Port of Clark has been consistent in its mission of collecting revenues for the government,” she added.
Lumontad said the BOC-Port of Clark would further boost its revenue collection efforts to continuously hit its assigned monthly collection target. (PNA)