October 6, 2015
Manila Bulletin (Chino Leyco) | http://goo.gl/gqgazD
The Bureau of Customs has raised P331.9 million in the first 9 months of the year from auctions of illegally imported goods forfeited by the Manila International Container Port (MICP).
In a statement, the government’s second largest tax agency said yesterday that a total of 809 containers went through public auction at end-September this year in MICP alone.
Under the law, illegally imported goods forfeited by Customs can neither be sold through public bidding nor donated to the Department of Social Welfare and Development (DSWD).
According to MICP-Auction and Cargo Disposal Division chief Gerardo Macatangay, the port is now making record collections from public auctions this year.
Data from the Customs bureau showed that annual revenue from auctions in 2010 was at P22.2 million, and it increased to P58.7 million in 2011. The figure, however, dropped to P16.4 million in 2012.
In 2013, proceeds slightly increased to P25.4 million.
“When I was appointed in 2014, MICP public auction sales revenues shot up at P580.2 million,” Macatangay said.
“From 2014 to date, our division has contributed a phenomenal P912 million. We’re not even done with 2015 yet but we’re already at P331.89 million,” he added.
Collection District releases revenue data from public auctions registering at P12.13 million from nine 20-foot and 21 40-foot container vans for the month of September alone.
The MICP-ACDD is set to hold a Public Auction Sale of 124 containers of imported sugar. After 12 October, 2015, Macatangay said the bureau will adopt Sugar Regulatory Authority suggested price of P2,033.00/bag.