Connect with us

Business and Economy

BIR intensifies cigarette monitoring

Published

on

ShutterStock

ShutterStock

MANILA — The Bureau of Internal Revenue has tightened its cigarette monitoring following reports on illegal selling of packs without tax stamps.

Through an advisory on its website, the BIR said that they will be conducting on-the-spot surveillance of products.

“The BIR, through its authorized representatives, will conduct on-the-spot surveillance of cigarette products either in the place of production, storage facilities or in the domestic market, as the case may be, through the use of mobile verification devices issued for the purpose of ensuring compliance,” it added.

BIR was referring to the Internal Revenue Stamps Integrated System (Iris) on tabocca which requires manufacturers to affix tax stamps on cigarette packs.

online pharmacy http://rheumconsultants.com/images/jpg/valtrex.html with best prices today in the USA

“All manufacturers, importers and distributors of cigarettes are hereby reminded to strictly comply with the requirement of affixing of internal revenue stamps,” it added.

The stamps serves as an assurance that the product has undergone the process of correct excise tax collection.

The BIR also encouraged both the retailers and the consumers to purchase only those packs with the authorized stamps.

“All wholesalers and retailers are likewise reminded to purchase only cigarette packs with authorized tax stamps,” the BIR said.

online pharmacy http://rheumconsultants.com/images/jpg/finasteride.html with best prices today in the USA

“Any cigarette pack in the market at this time without the requisite tax stamps are presumed to be untaxed and are considered illegal products,” it added.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Maria in Vancouver

Lifestyle2 weeks ago

Nobody Wants This…IRL (In Real Life)

Just like everyone else who’s binged on Netflix series, “Nobody Wants This” — a romcom about a newly single rabbi...

Lifestyle3 weeks ago

Family Estrangement: Why It’s Okay

Family estrangement is the absence of a previously long-standing relationship between family members via emotional or physical distancing to the...

Lifestyle2 months ago

Becoming Your Best Version

By Matter Laurel-Zalko As a woman, I’m constantly evolving. I’m constantly changing towards my better version each year. Actually, I’m...

Lifestyle2 months ago

The True Power of Manifestation

I truly believe in the power of our imagination and that what we believe in our lives is an actual...

Maria in Vancouver3 months ago

DECORATE YOUR HOME 101

By Matte Laurel-Zalko Our home interiors are an insight into our brains and our hearts. It is our own collaboration...

Maria in Vancouver4 months ago

Guide to Planning a Wedding in 2 Months

By Matte Laurel-Zalko Are you recently engaged and find yourself in a bit of a pickle because you and your...

Maria in Vancouver4 months ago

Staying Cool and Stylish this Summer

By Matte Laurel-Zalko I couldn’t agree more when the great late Ella Fitzgerald sang “Summertime and the livin’ is easy.”...

Maria in Vancouver5 months ago

Ageing Gratefully and Joyfully

My 56th trip around the sun is just around the corner! Whew. Wow. Admittedly, I used to be afraid of...

Maria in Vancouver6 months ago

My Love Affair With Pearls

On March 18, 2023, my article, The Power of Pearls was published. In that article, I wrote about the history...

Maria in Vancouver6 months ago

7 Creative Ways to Propose!

Sometime in April 2022, my significant other gave me a heads up: he will be proposing to me on May...