Business and Economy
Customs collected P92B in Q1
MANILA — The Bureau of Customs collected P92 billion for the first quarter this year with the National Capital Region (NCR) on top of the collection list.
Of the total collections, P87.3 billion came from cash collections while P4.9 billion represented non-cash collections, or from imports of government agencies paid with credits to the bureau’s account.
Though the department has yet to release its final report on the revenue collection for April and May, a copy furnished to the Philippine Daily Inquirer indicated that the biggest collection came from the NCR.
The NCR cluster is comprised of the Manila International Container Port (MICP), Port of Manila (POM) and Ninoy Aquino International Airport (Naia) collected P26.17 billion, P15.16 billion and P7.87 billion, respectively.
The total collection for the area reached P49.21 billion from January to March, which was P4.35 billion more than the three ports’collections during the same period last year.
It, however, fell short of the NCR cluster’s target of P56.9 billion for the period this year.
The NCR was followed by the Luzon cluster with revenues of P18.93 billion, Mindanao with P4.55 billion and Visayas ports with collections of P4.05 billion.
Meanwhile, among the poorest performers in the report are Surigao City, Aparri in Cagayan and Zamboanga City with revenues of P500,000, P1.2 million and P12.4 million, respectively.
Other ports included in the collections are Batangas City, P19.05 billion; Limay in Bataan, P5.32 billion; Subic Freeport in Zambales, P3.85 billion; Cebu City, P3.5 billion; Davao City, P2.53 billion; Cagayan de Oro City, P2 billion; Iloilo City, P512.4 million; San Fernando, La Union, P431.9 million; Clark International Airport in Pampanga, P226.6 million; Tacloban City, P35.8 million; and Legaspi City, P21.6 million.