Originally posted by: Iloilo_Guy
Customs’ take in 12 ports down
Twelve of the 17 Customs ports failed to meet their collection targets for March, records showed.
Topping the list of poor performers last month were the major ports of Manila, Batangas, Ninoy Aquino International Airport, Limay and Manila International Container Port.
Documents showed that PoM suffered a P1.6 billion deficit based on its P5.6 billion goal while Batangas collected only P4.4 billion, down by P1.4 billion as against its P5.8 billion goal.
Naia, on the other hand, is down by P289 million, collecting only P1.9 billion as against its P2.1 billion target while Limay suffered P948 million shortfall based on its P3.5 billion goal, and MICP is down by P2 billion, collecting only P1.9 billion as against its P7.4 billion target.
Other ports which failed to meet the targets were San Fernando (down by P42 million), Legaspi (P6.5 million), Tacloban (P6 million), Surigao (P1 million), Zamboanga (P3 million), Davao (P175 million), and Aparri (P26 million).
Only the ports of Cagayan de Oro, Clark, Cebu, Iloilo and Subic were able to meet their targets.
Cagayan de Oro collected P553 million, up by P112 million as against its P442 million goal while Clark is up by P109 million, collecting P179 million against its P71 million target.
Cebu collected P700 million, up by P102 million against its P597 million goal while Iloilo is up by P9.6 million based on its P70 million goal, and Subic collected P744 million, up by P220 million against its P524 million goal.
Documents also showed that the Customs’ total collection for March was a little more than P21 billion, down by about P7 billion as against its P28 billion target.
The bureau also failed to meet its target in February but managed to hit its goal in January.
The Development Budget Coordination Committee initially set a P397-billion revenue target for Customs for 2013. But this was lowered to P340 billion, which is already below the 2012 target of P347.1 billion.
The DBCC is an interagency group that sets the targets of the BoC and the Bureau of Internal Revenue.
Finance Secretary Cesar Purisima wants the Customs bureau to maintain the original P397 billion revenue collection goal set for the year and not the revised or the lowered P340 billion target.
“As discussed previously, the Bureau of Customs Revenue Target for 2013 is the figure stated in the (Budget of Expenditures and Sources of Financing) submitted to Congress which is P397.257 billion. This shall be the amount against which we will monitor collection performance,” Purisima said in a memorandum to Customs Commissioner Rufino Biazon.
http://manilastandardtoday.com/2013/04/03/customs-take-in-12-ports-down/
:cheers::cheers::cheers: