FUEL companies, power producers and food processing facilities were among the entities given recognition by the Bureau of Customs (BOC)-Northern Mindanao for helping the agency in its collection of taxes and duties over the years.
The Customs in the region has recognized the contribution of private companies operating in the region for their diligence in paying their duties and taxes to the agency.
According to BOC-Northern Mindanao Collector Jamail Marohomsalic, they have cited the top 10 exporters and importers who have transactions in the region’s various seaports.
The top 10 importers are Nestlé Philippines Inc., Jetti Petroleum Inc., Minergy Coal Corp., Pilipinas Shell Petroleum Corp., Phoenix Petroleum Phils Inc., Cagayan Corn Products Corp., Seaoil Philippines Inc., Steelasia Manufacturing Corp., FDC Misamis Power Corp., and Steag State Power Inc.
Recognized as the top 10 exporters are Pilipinas Kao Inc., Del Monte Philippines Inc., Axelum Resources Corp., Newtech Pulp Inc., Phil. Sinter Corp., Granexport Manufacturing Corp., Wilmar Edible Oils Philippines Inc., Jacobi Carbons Philippines Inc., Cargill Oil Mills Philippines, Inc., and Donau Carbon Philippines Corp.
Nestlé paid the Customs a total of P1.199 billion in duties and taxes, while Jetti paid a total of P1.016 billion. They are two of the highest payers.
Many of them ship and received their products to and from other countries at the Mindanao Container Terminal sub-port in Tagoloan, Misamis Oriental.
Marohomsalic said these companies have contributed to their collection.
“We are giving importance to their help to the government through due payment of their taxes and duties,” he said.
The recognition was held at the BOC-Northern Mindanao district office on Monday. During the ceremony, about 40 BOC-Northern Mindanao employees were also given the loyalty award for the length of service they have rendered.
He said these importers and exporters have been complying with the Customs regulations and have been properly declaring their goods making it easier for the government to collect tariff from them.
Marohomsalic said they are optimistic that they can achieve their collection target of P13 billion.
He said their original target was P12 billion, but Customs Commissioner Isidro Lapeña has added a billion more to BOC-Northern Mindanao’s target.
The Collector said the BOC-Northern Mindanao has collected P10 billion from January to October.
“I think we can maintain our status as long as our stakeholders (importers and exporters) declare their shipment properly and pay the right taxes,” Marohomsalic said.
The earnings of the BOC-Northern Mindanao will form part of the overall income of the bureau, which has reached more than P42 billion in October, according to the Customs.
In an article posted on its website, Lapeña was quoted as saying the Customs achieved “the highest monthly collection in the agency’s history.”
“Although the month of October was marked with lesser number of working days and volume of imports, growth was still achieved because of increase in the value of imports brought by the higher exchange rate, oil price, and improved valuation and classification,” the Commissioner said in the article.