The Bureau of Customs Sub-port in Dumaguete City has surpassed its target revenue collection for this year, more than a month ahead of its deadline at the end of 2020.
Dumaguete Customs collector Fe Lluelyn Ganir Toring said that, as of Nov. 20, their actual collection since Jan. 1 this year was pegged at more than P4.817 billion.
This is 10.51 percent or P458.2 million higher than the 2020 target of about P4.359 billion, Toring said.
She said they are blessed to be able to meet the target collection this year despite the Covid pandemic.
“There were lean months where we did not reach the set target collection at the start of the strict implementation of the enhanced community quarantine, and that was expected because of the restrictions in travel and other considerations,” she said.
April, May, and June were “slow months” but by July, the Dumaguete Customs Sub-port Office started picking up again, she added.
The biggest factor, Toring said, in this year’s revenue gains is the increase in the volume of importation of petroleum products by Filoil Energy Co. Inc., the sub-port’s consistent highest contributor in terms of revenue collections.
For November alone, Filoil imported some P604 million worth of diesel fuel and gasoline, she added.
The Dumaguete Customs Sub-port Office is still expecting around P300 million in additional revenue income in December as Filoil and other importers still have scheduled shipments.
The other top contributors are the Dumaguete Coconut Mills Inc. and Pryce Gas.*PNA