10 July 2013

Subic’s customs collections rise 58% to P5b

The Bureau of Customs here said revenue collections in the first half grew by more than 50 percent year-on-year and exceeded the goal for the period.

Port of Subic customs collector Adelina Molina said the Freeport zone collected P5 billion in customs duties and taxes in the January-June period, or 58 percent higher than the P3.1 billion posted in the same period last year.

The agency also surpassed its first-half target of P3.03 billion by P1.09 billion, or 62.6 percent.

Molina said BoC-Subic showed strong collection performance in the months of April and June, when it achieved record-high monthly collections of P1.09 billion and P1.05 billion, respectively.

The strong April and June collection took the Freeport’s second-quarter tally to P3.09 billion, or 85.5 percent more than the P1.42 billion it collected in the second quarter last year. The figure also represented a 95.5-percent increase over the P1.58-billion quarterly revenue target.

Data from the BoC’s statistics division showed collection in the first quarter grew 26.5 percent to P1.8 billion from a year ago. It also surpassed the target collection of P1.45 billion for the period by 26.5 percent.

Molina attributed the collection performance to the ‘team effort’ shown by different departments of her office as well as close cooperation with Freeport authorities.

Customs Commissioner Ruffy Biazon made a surprise visit recently to the Port of Subic to personally commend Molina for achieving an unprecedented collection performance for the month of April.

Biazon showed his appreciation and support to the team of Molina, including deputy collectors Ernelito Aquino for assessment, Andrew Fernandez for operations, Irineo Onia Jr. for administration, BoC law enforcement head Elpidio Manuel, Customs intelligence and investigation service chief Jose Du.

Subic Bay Metropolitan Authority chairman Roberto Garcia cited Molina for a “job well-done” not just for the high collection performance but also for strict enforcement of its mandate to curb smuggling. (Cecille Garcia, Manila Standard Today)