THE Bureau of Customs-Port of Davao reported to have exceeded anew its annual target for the year, keeping the feat after doing it a year before.
For 2021, the office reported to have collected a surplus of P735.35 million from its target of P37.24 billion. The port of Davao collected P37.99 billion in duties and taxes, an amount that was 2-percent higher than its assigned target.
Interestingly, “for the month of December 2021, the Port of Davao had also exceeded its monthly revenue target by [more than] 5.14 percent with a total revenue collection of P3.27 billion against its P3.11 billion target,” said BOC Davao District Collector Erastus Sandino B. Austria said.
Last year, the Port of Davao also exceeded its collection target with a much higher 23.6 percent from target, collecting an excess of nearly P5.9 billion.
The Port of Davao has set a target of P24,663,729,934.38 for 2020.
That year’s excess was the highest among all collection districts in the entire country, Austria said.
The official attributed the positive revenue collection performance to “improved valuation, intensified enforcement operations, and the government’s efforts in ensuring the unhampered movement of goods both domestically and internally amid the pandemic situation.”
The entire 2021 also saw the Port of Davao exceeding some of its monthly target collection, in January and September.
A week before January 2021 ended, the Bureau of Customs already reported that revenue collection of the Port of Davao, including its sub-ports in Dadiangas, Parang and Mati already reached nearly P2,955 billion. Its assigned target for that month was P2.716 billion.
On September it also surpassed its target with a total revenue collection of about P3.275 billion, surpassing its target of P3.217 billion.