Dumaguete customs target earnings up by 87% in 1st quarter | SunStar

Dumaguete customs target earnings up by 87% in 1st quarter

Time to read
1 minute
Read so far

Dumaguete customs target earnings up by 87% in 1st quarter

Thursday, May 11, 2017

THE Bureau of Customs (BOC) sub-port of Dumaguete City in Negros Oriental reported an 83.76 percent increase in actual collection for the first quarter of 2017 versus its set target for same period.

Dumaguete Customs Collector Fe Lluelyn Toring said Wednesday, May 10, that total collections for the months of January, February and March this year was placed at P443,464,336 or with an excess of P202,142,336 against its targeted collection of P241,322,000.

Customs Collector Toring attributed the earnings to the consistent importation or shipment of petroleum products by FilOil Energy Co. Inc., palm oleine by Wilmar Edible Oils Phils. Inc. and Ducom, and liquefied petroleum gas (LPG) by Pryce Gases Inc.

Cement importation also contributed to the remarkable performance of the Customs’ Sub-port of Dumaguete, she added.

Also, for the month of April in this year’s second quarter, Toring said her office also exceeded its target collection by 8.63 percent.

Actual collection for April reached P146,472,010.00 compared to the target of P134,835,000.00 or a variance of P11,637,010.00, said the Dumaguete Customs chief.

According to Toring, the Customs Sub-port in Dumaguete City has to work double time to meet its target collection for this year, which was raised by more than triple the target collection of 2016.

Last year, the Dumaguete Sub-port’s target collection was at P378-million while this year, it has been increased to a little over P1.3 billion, she said.

The Bureau of Customs sub-port in Dumaguete consistently received awards in 2015 and 2016 for exceeding their target collections.

Meanwhile, a comparative collection report for the first quarter of 2016 and 2017 showed that this year, the Customs Sub-port in Dumaguete City increased its collections by 118.48 percent over last year’s figures.

The actual collection of the 1st quarter of 2016 was at P202,975,581 as opposed to P443,464.336 for the same period this year, or a variance of P240,488,755. (PNA)

View Comments