Issue of May 5, 2019
     
NEWS
Benguet
Ifugao
 
OPINION
 

2019
Panagbenga Flower Festival
 
Other Links:
BOC exceeds April collection aim by 3%
by PNA release

The Bureau of Customs last week reported that it exceeded the April collection target by 3.3 percent or a surplus of P1.7 billion.

Based on the preliminary report of the BOC Financial Service, last month’s collection exceeded its target of P51.604B when they collected some P53.33B.

In a statement, Commissioner Rey Leonardo Guerrero attributed the surplus to initiatives to plug revenue leakages in its system, coupled with its enhanced revenue collection efforts.

“The Bureau was expected to collect P51.604B in April, but because of our stringent monitoring and continuing efforts to enhance our revenue collection capabilities, we were able to collect P53.33B, which is higher than the target revenue,” he said.

The BOC chief added that the collection in last month is higher by 14 percent as compared to the collection during the same period last year.

“In April 2018, we only collected P46.794B, but this year we exceeded our collection performance and even generated more than P1.726B surplus,” he said.

Based on the preliminary report, 12 of the 17 collection districts were able to hit their respective targets. These are the Manila International Container Port, Port of Limay, Ninoy Aquino International Airport, Port of Cagayan de Oro, Port of Subic, Port of Cebu, Port of Davao, Port of San Fernando La Union, Port of Ilo-ilo, Port of Tacloban, Port of Zamboanga, and Port of Legaspi.

Guerrero noted that the agency’s improved revenue collection performance is also the result of their intensified control measures against undervaluation, misdeclaration, and other forms of technical smuggling.

“I have given all the district collectors a stern order to closely monitor all the transactions in their respective ports to ensure that the correct duties and taxes are being paid and that customs laws, rules, and regulations are being followed,” he added.

 
Read more:
 
NEDA says Cordillera should strengthen its agri industry
   
Firms bag $42 M export sales
   
AANZFTA eyes self-certification to facilitate trade of products
   
GDH sector launches Ma’I brand to boost int’l competitiveness
   
PH foods to join New York’s biggest specialty food event
   
Gov’t urged to mull another fare hike
   
Recipients of free-range hens in Bontoc undergo training
   
Gov’t jobs top vacancies on Labor Day job fair
   
Cupping competition features budding Ifugao coffee industry
   
Hojap MPC grows to become leading maker in Asipuo
   
Sen Lacson pushes for people’s participation in budgeting
   
New laws greet Filipino workforce on Labor Day
   
Public warned vs overcharging airport cabs using DOT logo
   

Your Ad Here


BUSINESS
NEDA says Cordillera should strengthen its agri industry

Firms bag $42 M export sales

AANZFTA eyes self-certification to facilitate trade of products

GDH sector launches Ma’I brand to boost int’l competitiveness

PH foods to join New York’s biggest specialty food event

Gov’t urged to mull another fare hike

Recipients of free-range hens in Bontoc undergo training

Gov’t jobs top vacancies on Labor Day job fair

Cupping competition features budding Ifugao coffee industry

Hojap MPC grows to become leading maker in Asipuo

Sen Lacson pushes for people’s participation in budgeting

New laws greet Filipino workforce on Labor Day

Public warned vs overcharging airport cabs using DOT logo


Albergo Hotel and Residences
Informatics

Baguio Central University
Department of Health – CAR
King’s College of the Philippines
Narda’s and Sunflower Ridge
National Grid Corporation of the Philippines
Our Lady of Mt. Carmel Montesorri, Inc.
Pines City Colleges
R.A. Gapuz Review Center

Assumption Medical and Diagnostic Center
Baguio Center Mall
Baguio Country Club
Baguio Water District
Choobi Choobi
Curamed Pharmacy
Department of Environment and Natural Resources – CAR
Department of Transportation – CAR
Easter College
Fabulo Beauty and Image Salon
GMS Technology
Gov. and Mrs. Crescensio and Jane Pacalso and Family
La Funeraria Paz, Inc.
Maybank
Mayor Romeo K. Salda
Mother Earth Deli Basket
New Media Services
Northern Luzon School for the Visual Impaired, Inc.
Overseas Workers Welfare Administration – CAR
Philippine Rural Electric Cooperatives Association
Regional Development Council – CAR
National Economic and Development Authority – CAR
Technical Education and Skills Development Authority – CAR Search Results Web result with site links Technical Education and Skills Development Authority – CAR

Home | About Us | Editorial Policy | Contact Us  
News | Opinion | Snapshots | Week's Mail | Obituaries  
Copyright © 2007-2015. All Rights Reserved. baguiomidlandcourier.com.ph