CEBU CITY: The Bureau of Customs – Sub-port of Mactan said Saturday it would hold more stakeholder engagement initiatives to boost revenue-generation efforts, as it cited the Top 10 importers for contributing to the PHP1.2 billion collection of duties and taxes.
Gerardo Campo, collector of BOC-Mactan, said the collection team of the Sub-port of Mactan would do more personalized service with top corporations to ensure faster trade facilitation.
‘The success of the Sub-port of Mactan has been largely attributed to the importers’ unwavering commitment to pay correct duties and taxes,’ Campo said in an interview, citing the Top 10 importers’ contribution of PHP876 million to the total revenue of PHP1.2 billion.
Campo said the commitment of Mactan-based importers to help the government generate funds for development projects has contributed to the surplus collection during the first half of 2024.
The sub-port collector cited AD Gothong Manufacturing Corp. for paying PHP344.5 million in duties and taxes from Ja
nuary to June, followed by San Miguel Food, Inc. with PHP134.3 million.
Also contributing to the revenue collection in Mactan were Alta Global Services, Inc. (PHP90.7 million); Universal Feed Mill Corp. (PHP73.4 million); Neovia Philippins, Inc. (PHP64 million); and Louis Vuitton (Philippines), Inc. (PHP53.3 million).
Rounding out the 10 importers were Marcela Farms Inc. (PHP40.8 million); Unahco, Inc. Univet Nutrition and Animal Healthcare Co. (PHP33.3 million); General Milling Corp. (PHP26.5 million); and Luxury Goods Philippines, Inc. (PHP15.2 million).
‘Closer ties and cooperation with the importers would inspire them to help BOC-Mactan meet or even exceed our target,’ Campo added.
According to him, BOC-Mactan achieved a milestone by collecting PHP1,270,075,925.27 in the first half of 2024.
This amount exceeds the PHP615.83 million semi-annual target by PHP654,245,925.27, representing a positive deviation of 106.24 percent.
Source: Philippines News Agency