BOC overshoots 2021 collection goal by P29.016B

This is good news. The Bureau of Customs (BOC) has collected P645.765 billion in 2021, exceeding its target revenue take of P616.749 billion by 29.016 or 4.7% more than the target.

The preliminary report of the BOC Revenue Collection Monitoring Group (RCMG) showed the agency’s 2021 revenue take was even higher than the pre-pandemic amount of P630.31 billion in 2019.

“Our strong collection performance is a testament to the hard work and dedication of the men and women of the Bureau of Customs. It is likewise a reflection of our strong commitment to provide our county the best public service we can offer,” said BOC Asst. Commissioner Vincent Philip Maronilla.

RCMG, under a Deputy Commissioner, maintains an accounting of revenues collected; administers the legal requirements of the BOC; provides information and analysis of collection statistics; and audits liquidated entries and bonds.

Maronilla said 13 of the 17 collection districts exceeded their 2021 targets. These include the Manila International Container Port, Ninoy Aquino International Airport, and the ports of San Fernando, Manila, Batangas, Legazpi, Iloilo, Surigao, Zamboanga, Davao, Subic, Clark, and Limay in Bataan.

Commissioner Rey Leonardo Guerrero also attributed the impressive BOC collection performance to improved valuation, intensified enforcement operations against illegal importations, traders’ improved compliance with the law, gradual improvement of importation volume, and efforts that ensured unhampered movement of goods domestically and internationally despite the pandemic.