BusinessWorld May 4, 2021 | 12:32 am THE Bureau of Customs (BoC) exceeded its April collection target by 4.2%, as the majority of its collection districts reported higher revenues despite tighter quarantine restrictions in Metro Manila and nearby provinces. In a statement on Monday, BoC said preliminary data showed it collected P51.277 billion in April, P2.077 billion more than its P49.2-billion goal and 50% higher than the P33.97 billion in April 2020. This marked the fourth consecutive month the bureau exceeded its monthly target this year. Additional revenues included collections from the Tax Expenditure Fund (TEF) amounting to P121 million, and Post Clearance Audit Group (PCAG) with P13.65 million.