Customs collection seen higher with new building

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Customs collection seen higher with new building
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THE Customs bureau said it expects higher revenue collections in Collection District X following the establishment of its new building at the Sub-Port of Mindanao Container Terminal (MCT). The Bureau of Customs (BOC) recently unveiled its new building located at the Phividec Industrial Estate in Tagoloan, Misamis Oriental. “With the…

THE Customs bureau said it expects higher revenue collections in Collection District X following the establishment of its new building at the Sub-Port of Mindanao Container Terminal .

“With the new facility, MCT Sub-port aims to increase its revenue contribution as well as improve its services to stakeholders,” the BOC said over the weekend. In his speech during the building’s inauguration, BOC Commissioner Bienvenido Y. Rubio pointed out the Sub-Port of MCT contributes “significantly” to the overall revenue collection of Collection District X. The sub-port, Rubio emphasized, accounts for more than half of the revenue collection of its district.

“This will inspire them to work beyond the call of duty to maximize revenue collection, streamline customs processes, and prevent smuggling and other forms of fraud,” Lumontad was quoted as saying in the BOC’s news release.

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