THE Bureau of Customs (BoC) has exceeded  its P10 billion target in rice tariff collection for the year as set under Republic Act (RA) 11203 or the Rice Import Tarification Law.

Commissioner Rey Leonardo Guerrero said on Friday that the bureau was able to collect a total of P10.728 billion in revenues from January to July 17, 2020 despite lower volume of rice importation compared to the same period last year.