The Bureau of Customs (BOC) said on Wednesday it surpassed its October collection target by nearly 19%.
In a statement, the BOC said that based on its preliminary report, its total revenue last month stood at P75.5 billion.
Year-on-year, the agency’s collection performance grew by 35% or P19.5 billion, from P56 billion in revenue posted in October 2021. Compared to the same period last year, the Customs’ collections grew by 37% or P188.9 billion from P525.4 billion booked in January to October 2021.
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