BOC-Clark surpasses August revenue target collection

By Zorayda Tecson 

CITY OF SAN FERNANDO, Pampanga – The Bureau of Customs (BOC)-Port of Clark has surpassed its revenue target collection for eight straight months in a row now.

A report from the Collection Division showed that BOC-Port of Clark exceeded its target with a collection of P258.95 million as early as August 23 as compared with its P258 million target.

“The Port of Clark hits the target with a surplus of P957,308, 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 P117.90 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 their 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)