THE Bureau of Customs in Subic Bay Freeport announced on Friday, October 2, it collected P2.77 billion in revenue taxes for September, 50 percent over its monthly target.
Port of Subic (POS) Collector Maritess Martin said in a report that while there are some restrictions in port operations that remained and many manufacturing firms are not yet in full-scale operations due to Covid-19, the Port of Subic managed to maintain its excellent performance for the past months.
Martin said Subic’s collection for September has reached P2,772,497,748, significantly higher than its target collection of P1,772,743,928.18, with a surplus of 56 percent or P999,753,855.83.
Martin said that in July this year, Port of Subic has also surpassed its month target by 1.18 percent after the bureau collected P2.26 billion; while in May, the POS collected P1.74 billion, which is 12 percent higher than the target collection of P1.56. In June, the collection was P2.76 billion, which is 45 percent higher than the P1.91 billion target.
Martin said despite many challenges, the Port of Subic remains vigilant in safeguarding its customs area to delivering what is due to national coffers.
“Let’s altogether fuel up the Port of Subic to collect more taxes due to government so as to serve the country in this time of pandemic,” Martin said.