Saturday 18 November
Powered by Ajaxy
Oct 20, 2017 @ 17:05

Mighty 2.0? BIR discovers smuggled cigarettes in Cabanatuan

 

Tax cheats won’t get away from the Bureau of Internal Revenue (BIR).

Operatives from the BIR and the National Bureau of Investigation (NBI) discovered 480 mastercases of cigarettes without tax stamps inside a warehouse in Nueva Ecija.

In a statement, the Department of Finance said the raid of Collette’s PX Store and warehouse led to the discovery of illicit cigarettes under the brand names “Two Moon,” “RGD,” “Black Bat,” and “Twin Star,” which did not carry the BIR stamps indicating that its producers paid taxes for its manufacture.

It was only recently when Bulacan cigarette producer Mighty Corp. paid a hefty P25-billion settlement in lieu of facing multiple charges for using fake tax stamps on their products.

Looks like someone didn’t read up!

Tags: , , , , , , ,

Related Stories
Globe Telecom Inc. has ramped up the rollout of MIMO (multiple input, multiple output) technology
ABS-CBN Corp. expects sales of its TVplus boxes to hit four million by the end
The central bank found this small lender unfit to remain in business.
Here's a property acquisition that would help out others in need.


 

Trending News

Recommended on sister sites

Copyright © 2017 Bilyonaryo - bilyonaryo.com.ph.