BOC Davao exceeds 2018 collection target

• Source: https://pia.gov.ph/news/articles/1016287
• Wednesday, December 19, 2018

(BOC)

MANILA, Dec. 19 -- The Bureau of Customs Port of Davao, as of today, has collected a total of P25.3 billion since the start of the year with P5.1 billion, or about 25 percent surplus against its P20.1 billion target for the year.

The Port’s 2018 total collection is around 54 percent or P8.9 billion higher compared to last year’s total collection of P16.4 billion.

"We are looking at around P5.5 billion in surplus by the end of 2018," Atty. Valdez said.

Similarly, the Collection District has surpassed its highest monthly collection record twice this year. First was in February, collecting a total of P2 billion with 54.34 percent surplus from that month’s target. The second was in June, collecting a total of P2.4 billion with 57.73 percent surplus.

District Collector Atty. Romalino G. Valdez credited this achievement to the hard work and dedication of every Customs personnel from the Port of Davao and Sub-ports of General Santos, Parang, Mati.

“The Port of Davao takes to heart that hitting our collection target means assurance that every infrastructure, health, educational, economic, and financial project of the government will be well funded,” Atty. Valdez said.

Atty. Valdez also extended his thanks to the businesses and taxpayers who pay lawful taxes due to the government.

"Hitting our collection target was also made possible through the help of the BOC stakeholders and the individual taxpayers. I would like to thank them or their contribution to the funding of the projects of the government,” Atty. Valdez said.