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BOC gains over P287M from shipments found violating tax rules

Published April 10, 2021, 6:08 PM
More than P287 million additional revenue was collected by the Bureau of Customs (BOC) from shipments found to have violated Customs rules during the first quarter of this year.
According to Customs-Post Clearance Audit Group (PCAG), the additional revenue, amounting to P287,036,700.02, was collected from 51 prior disclosure program (PDP) applications filed with the office and from demand letters issued to importers after the conduct of post clearance audit.
“The PCAG remains optimistic that additional revenues may still be generated for the remaining months of the year as 57 new audit notice letters (ANL) have so far been issued in 2021,” the bureau said. ....

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P247M more revenue gained from post-clearance audit–BOC – Manila Bulletin

P247M more revenue gained from post-clearance audit–BOC – Manila Bulletin
mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.

Customs Legal Service , Bureau Of Customs , Clearance Audit Group , Republic Act , Customs Modernization , Tariff Act , Post Clearance Audit Group , சுங்க சட்டப்பூர்வமானது சேவை , பணியகம் ஆஃப் சுங்க , அனுமதி தணிக்கை குழு , குடியரசு நாடகம் , சுங்க நவீனமயமாக்கல் , சுங்கவரி நாடகம் , போஸ்ட் அனுமதி தணிக்கை குழு ,

BIR targets 13% higher excise tax collection for 2021

February 4, 2021 | 12:31 am
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The Bureau of Internal Revenue (BIR) is streamlining the requirements and procedures for claiming value-added tax (VAT) refunds. BW FILE PHOTO
THE Bureau of Internal Revenue (BIR) is aiming to increase excise tax revenues by 13% this year, as it expects economic activity to pick up as pandemic-related restrictions are further eased.
The BIR set a P332.102-billion excise tax collection target for 2021, 12.6% higher than the P294.91 billion collected last year. Excise tax collections from large taxpayers slumped by 7% in 2020, due to the strict lockdown measures and economic slowdown.
The BIR attributed the higher target to the Development Budget Coordination Committee (DBCC) projection that the Philippine economy will return to a growth trajectory this year. ....

Beatricem Laforga , Arnel Sd Guballa , Bureau Of Customs Bo , Customs Legal Service , Bureau Of Internal Revenue , Development Budget Coordination Committee , Clearance Audit Group , Internal Revenue , Memorandum Order , Post Clearance Audit Group , Customs Legal , பணியகம் ஆஃப் சுங்க போ , சுங்க சட்டப்பூர்வமானது சேவை , பணியகம் ஆஃப் உள் வருவாய் , வளர்ச்சி பட்ஜெட் ஒருங்கிணைப்பு குழு , அனுமதி தணிக்கை குழு , உள் வருவாய் , மெமோராண்டம் ஆர்டர் , போஸ்ட் அனுமதி தணிக்கை குழு , சுங்க சட்டப்பூர்வமானது ,