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Govt overshoots tariff collection goals–BOC

The national government exceeded its tariff collection targets for the first quarter of 2023, according to the Bureau of Customs (BOC). The BOC reported over the weekend that tariffs collected by the government exceeded the target by P13.951 billion during the January 1 to March 13 period. Total collection reached… ....

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Customs creates industry-wide advisory council

The Bureau of Customs announced the creation of an advisory council that will engage all stakeholders, like the private sector, in formulating effective strategies for the government’s second largest tax agency. ....

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BOC seizes P8.3-B smuggled goods in H1 2022

(File photo) MANILA - The Bureau of Customs (BOC) on Monday reported the seizure of PHP8.37 billion worth of smuggled goods for the first half of 2022. In a statement, the BOC said the goods were confiscated in 293 operations, with counterfeit items topping the list with a total value of PHP5.23 billion. This is followed by illegal drugs at PHP1.67 billion and general merchandise at PHP388.80 million. Around 58 Letters of Authority (LOA) were implemented in the same period, 44 of which yielded positive results. A total of 78 alert orders were issued, 57 of which were positive for violation of pertinent customs laws, rules, and regulations. Meanwhile, as part of its anti-corruption and integrity campaign under the leadership of Commissioner Rey Leonardo Guerrero, the BOC has issued 67 additional show cause orders from January to June 2022. This has led to the dismissal, suspension, relief, and reshuffling of errant Customs employees. During the first six months of the year, the Customs ....

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