Tag: rice tariff target

Customs bureau exceeds yearly P10-billion rice tariff target in 7 months

(Eagle News)–The Bureau of Customs has exceeded its yearly P10-billion rice tariff target in seven months. The bureau said it collected the P10.728 billion in revenues from January to July 17 for remittance to the Rice Competitiveness Enhancement Fund under  the Rice Import Tariffication Law,  an 8 percent increase from the P9.936 billion collected for the same period in 2019. According to the BOC, the P10.728 billion in revenues collected were despite a 24.6 percent […]