slot8 Marcos lauds BOC for collecting P931 billion

123 YEARS President Marcos arrives at the 123rd anniversary of the Bureau of Customs at the Philippine International Convention Center. —PNA

President Marcos on Friday lauded the Bureau of Customs (BOC) for collecting P931.046 billion ($17 billion) in 2024, the highest in the agency’s history.

Last year’s revenue collection was higher by P40 billion from the P890.446 billion collected in 2023.

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“The 2024 collections can fund more than 7,500 train cars, more than 18,600,000 laptops, around 62,000,000 tablets for our schoolchildren, or roughly 7,750,000 scholarships for our university students,” the President said during the BOC’s 123rd anniversary held at the Philippine International Convention Center in Pasay City.

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Mr. Marcos went on: “This means that with the right collection of tariffs at our ports, our countrymen can enjoy faster travel, our children can have enough supplies and material for their education, and many more of our youth can finish college.”

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The Chief Executive also praised the agency’s work in safeguarding the country’s borders against exploitation by smugglers.

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He cited the BOC’s seizure of more than P85 billion in smuggled goods in 2024, or higher than the P43 billion seizure of smuggled goods in the previous year.

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The smuggled goods included illegal vape products, counterfeit items and illegal fuel shipments.

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Marcos said the intensified fight against smuggling will “allow our businesses to compete more fairly in the market, and our consumers to enjoy more competitive prices, and our people will save money in the long run.”

He also pointed to the BOC’s involvement against agricultural smuggling to protect farmers from illegal agricultural products that swamp the market.

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He cited the seizure of 21 containers of frozen mackerel worth more than P178 million, which was turned over to the Department of Agriculture and later distributed to 150,000 families in various communities and care facilities.

In 2023, recovered smuggled rice was distributed to Filipinos in Capiz and Zamboanga,  Marcos added.

“This proves how the BOC’s efforts form an integral part of our development as we help those in the marginalized sectors of our society,” the President said.

As to its campaign against illegal and questionable activities of importers and customs brokers, the Chief Executive noted that the BOC de-accredited 56 importers and customs brokers for these reasons.

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He added that 45 criminal complaints were filed against offenders, of which 18 were convicted and three BOC employees were dismissed due to misconduct or inefficiency. Five other BOC employees were suspended, he said.

“For the law to be fair, it must apply to all, especially to us who are in public service. The people have placed their trust in us, and they deserve nothing less than our utmost diligence, our integrity and our total accountability,” the President added.

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He then called on BOC officials and personnel to prioritize the public’s interest by working honestlyslot8, adding that building the public’s confidence in the BOC is necessary to increase tax compliance.

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