Customs bureau sees 2020 collection exceeding target

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MANILA, Philippines—A consistent collection of duties and other taxes that exceeded targets for six months is driving confidence in the Bureau of Customs (BOC) of surpassing its full year target of collecting P506 billion.

On Tuesday (Dec. 1), Customs Commissioner Rey Leonardo B. Guerrero told the Inquirer that the country’s second biggest tax-collection agency again exceeded its monthly goal in November, citing a preliminary report.

Vincent Philip C. Maronilla, assistant Customs commissioner and spokesperson, said that the November take, P44.7 billion, was 5.9 percent higher than the target of P42.2 billion, citing a report of the BOC’s financial service.

The collection, howe…

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