For transparency: Lapeña to award tax refund papers every Monday morning
The Customs chief will award the certificates in public so there will be no more bribery involved.
Customs Commissioner Isidro Lapeña has taken it as a personal task to award tax credit certificates to companies after hearing reports that some bureau personnel are withholding these documents to get grease money from importers.
Starting Oct. 23, Lapeña will be awarding the tax credit papers during the Monday flag-raising ceremony at the Bureau of Customs headquarters by the Port of Manila. The first to receive their tax credits were AP Renewables Inc. worth P5.3 million, and SL Aboitiz Power amounting to P35,595.
Just how delayed are these refunds? These represent over-collections or unused import permits from way back January to June 2015.
“There will be no more withholding of tax certificates to prevent avenue for corruption and to give back what is due to the transacting stakeholders: there’s no need for undue delays,” Lapeña said.
How many flag ceremonies will he need to catch up with the backlog?