Customs bureau in Cebu nets record P1.7B revenue
The graph shows Cebu exceeding the target collection since January this year. (SOURCE: BOC Port of Cebu)
The Bureau of Customs (BOC) Port of Cebu was able to surpass the September 2016 target collection.
The Port of Cebu was able to collect P1,758.7 billion for September out of the P1,422.7 target collection with a positive deviation of 23.62 percent.
Acting Cebu Customs District Collector Rico Rey Francis Holganza said that factors include from the importation of both power and fuel sectors.
“Our employees also work hard to meet the target,” Holganza told Cebu Daily News.
The Port of Cebu also tops among the seven billionare ports in the country in terms of customs collection since January 1 up to September 30 this year.
It is the only port also that was able to surpassed and exceeded on its actual collection.
From January 1 to September 30, Port of Cebu was able to collect P13,713.6 billion out of the P12,949.7 billion.
Other six billionaire ports in the country are the Manila International Container Port (MICP), Batangas, Subic, Ninoy Aquino International Airport (NAIA), Port of Manila and Limay (Bataan).
Billionaire Ports are those with an assigned collection target of at least 1 billion per month.
There are only 7 billionaire ports out of 17 collection districts nationwide.
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