Customs Commissioner Bienvenido Y. Rubio said on Friday, March 3, that the bureau’s collection exceeded the P61.83 billion target in February by three percent, raising a total of P63.01 billion.
The Bureau of the Customs has surpassed its collection target in February driven by the reforms aimed at boosting collection efficiency of the government’s second largest tax agency.
In the first two-months of the year, collections of the Customs bureau reached P133.38 billion, higher by seven percent against the P124.74 billion goal for the period. Subic District Collector Maritess Martin issued Pre-Lodgement Control Orders and Alert Orders following derogatory information from the Department of Agriculture about the subject shipments.
Furthermore, the bureau examined two containers of squid rings where they found several misdeclared assorted frozen meat products valued more or less P40 million.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Customs bureau exceeds February collection targetCustoms collection hit ₱63 billion last month, with preliminary data showing that the Bureau of Customs (BOC) surpassed its target revenue for February.
Read more »
Quezon cops seized P5.1 million worth of ‘shabu’, marijuana in FebruaryThe Quezon police force confiscated more than P5.1 million worth of illegal drugs and arrested 1,113 suspected criminals in the province during their operations in February. | dtmallarijrINQ /PDI
Read more »
PHL manufacturing PMI slips to 52.7 in February | Andrea E. San JuanTHE Philippine Manufacturing Purchasing Managers’ Index (PMI) slipped from January’s seven-month high of 53.5 to 52.7 in February, with port congestion, among others, weighing on vendor performance which is resulting in further deterioration, according to Standard & Poors (S&P) Global Market Intelligence. While the S&P Global noted that “solid demand”…
Read more »
Euro zone inflation eases in February but core prices surgeEurozone inflation fell less than expected last month and underlying price growth surged, reinforcing the case for the European Central Bank to keep raising interest rates at a brisk pace, data from Eurostat showed. | Reuters
Read more »
Rizal Tech grad tops February 2023 Mechanical Engineers Licensure examsA graduate of Rizal Technical University made it to first place in the February 2023 Mechanical Engineers Licensure Examination, the Professional Regulation Commission (PRC) announced.
Read more »
RESULTS: February 2023 Mechanical Engineers and Certified Plant Mechanics Licensure ExaminationPRESS RELEASE: 3,774 out of 6,070 passed the Mechanical Engineers Licensure Examination and 65 out of 90 passed the Certified Plant Mechanics Licensure Examination. Congratulations to the passers!
Read more »