Philippine Customs collected P61.1B in duties and taxes for fuel, seized P18.11B in smuggled goods, and surpassed revenue target in Q1.
Philippine Bureau of Customs (BOC) collected over 61.1 billion Pesos in duties and taxes from 4.81 billion liters of fuel in Q1, marking fuel to prevent illicit trade and fraud. BOC seized P18.11 billion worth of smuggled goods, revoked 11 importers' accreditations, and filed 16 criminal charges. They also digitalized customs processes and surpassed Q1 revenue target by P8.489 billion.
April 18, 2024
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