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    BOC exceeds July collection goal by P1.1B
    By VG Cabuag
    Reporter

    FOR the first time this year, the Bureau of Customs (BOC) surpassed its collection targets for July after imposing several measures to squeeze more taxes from shippers.

    The agency, the Philippines’ second-largest source of revenue, said preliminary figures indicate that it collected P21 billion in duties and taxes for the month—P1.1 billion higher than its target of P19.86 billion—after it failed to meet its goals for the last six months.

    July’s performance brought the total seven-month collection to P114.3 billion, leaving a balance of about P10.8 billion.

    Among the ports which registered surpluses for the period are Manila, the Manila International Container Port, the Ninoy Aquino International Airport, Legaspi, Cebu, Cagayan de Oro, Davao , Subic Bay and Clark Field, the bureau said.

    Areas which failed to meet their respective goals include facilities in Batangas, Subic, Iloilo, Tacloban, Zamboanga and Surigao.

    Morales said the increase was brought about by the implementation of a six-point action plan. Earlier presented to Malacañang, the strategy intended to improve the agency’s collection efficiency. It also aims to raise an additional P12.9 billion in the second half of the year to recoup its undercollections in the first half and enable the bureau to meet its P228-billion goal for 2007.

    The six-point plan also covers updating of the valuation data base, strengthening postentry audit processes, and the intensification of the Run After The Smugglers program, among others.

    In the past few weeks, the bureau filed a slew of smuggling cases after the agency’s chief, Commissioner Napoleon Morales, drew heavy criticism for his inability to meet monthly tax targets, considered vital to cover the government’s budget deficit by next year. The budget shortfall this year is expected at P63 billion.

    Just this week the bureau shut down the depot of Oillink International Corp. in Mariveles, Bataan, after it failed to pay P353.5 million in tax deficiencies for the oil shipments it made in 2004.

    Meanwhile, under its antismuggling program, the agency filed 49 cases involving 219 respondents as of end-July, surpassing the bureau’s commitment under the United States Agency for International Development Millennium Challenge Account-Philippine Threshold Program. The program has required the bureau to file at least 48 cases at the Department of Justice within two years, ending September 2008.

    The bureau’s collection target is P32 billion higher than its P198-billion goal in 2006. The target for the year remains unadjusted despite the increasing value of the peso against the dollar and lower import volumes, two major factors which affect the agency’s income.

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