BOC-Davao exceeds target by P800-M

THE Bureau of Customs at the Port of Davao exceeded its target by more than P800 million in 2009 even as its central office failed to meet its target on the national level.

Surpassing its target of P2.086 billion as early as October 2009, it comes as no surprise that the BOC-Port of Davao nearly raked in another billion on top of its target.

As of December 15, the BOC Port of Davao already collected revenues amounting to P2.781 billion. The Port of Davao projects an excess collection of P841.7 million for 2009.

For the first 15 days of December, the Port of Davao already registered a P100 million surplus on top of its target for the month.

However, on the national level, the BOC recorded a collection shortfall of P50 billion at the end of 2009.

Preliminary records from the bureau revealed that it only collected P15.896 billion as against the target of P16.942 for the last month of the year.

Despite this, five ports posted a surplus in their target collection for the month of December, aside from the Port of Davao.

The Manila International Container Port (MICP) and Port of Batangas have posted a surplus of P498 million and P441 million, respectively, while the ports of Cebu, Subic, and Iloilo likewise exceeded its target.

On the other hand, the cash collection as of December 23 is higher than the P13.891 billion the bureau managed to get during the same period in 2008.

It also brought the total collection during the year to P220.295 billion, which was short to meet its supposed target of P269.234 billion.

For the 12-month period, it was the Port of Manila (POM) that led in the biggest shortfall with 33.6 percent or P19.492 billion, accounting for nearly half of the entire BOC deficit for the period.

Port of Limay posted a shortfall of P8.118 billion after collecting only P19.701 billion as against its target of P27.819 billion, while eight more ports likewise incurred a deficit.

The ports that failed to meet its target collection in 2009 are San Fernando, MICP, Ninoy Aquino International Airport, Tacloban, Surigao, Cagayan de Oro, Batangas, and Subic.

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