MANILA, Philippines — The Bureau of Customs (BOC) expects to hit its full-year revenue target of P616.7 billion in 2021 just as it surpassed its January goal amid improving economic conditions.
“Our collection target is based on DBCC [Development Budget Coordination Committee] projections, forecasts and assumptions. Our target is attainable provided the same remained valid,” Customs Commissioner Rey Leonardo Guerrero told the Inquirer Tuesday.
In January, the BOC’s take from import duties and other taxes amounted to P47.14 billion, 6.9-percent bigger than its P44.09-billion goal for the month.
In a statement Monday night, the BOC said 11 of its 17 ports exceeded their respecti…
Keep on reading: Guerrero: BOC’s 2021 collection goal ‘attainable’