The Department of Science and Technology yesterday turned over P1,478,800 in technical assistance to Margie’s Cake and Pastries through the DOST Small Enterprises Technology Upgrading Program at its office at Cottage Road, Bacolod City.

DOST provincial director Allan Francis Dara-ug said that the SETUP serves as a support fund assistance system for upgrading of production facilities of micro, small, and medium enterprises to improve product quality and production for them to be more competitive in the market, he also said.

Dara-ug said the company will use the amount to purchase a bread stick machine, multi-function bread forming machine with cutter function, and two deck gas ovens, the budget released to the firm is payable in three years without interest, he also said.

SC upholds junking
of BIR appeal

The Supreme Court has affirmed the ruling of the Court of Tax Appeals denying the motion for reconsideration of the Bureau of Internal Revenue on the P100-million tax evasion case it filed against Ayala Land Inc.

The SC said that no abuse of discretion was committed on the part of the CTA in denying the MR of the BIR commissioner in 2005.

In a 10-page ruling of the SC's First Division, the SC said it found no error was committed by the CTA in denying the MR of the BIR after it was filed beyond the prescribed period.

Over 600 firms facing SSS raps

The Social Security System filed criminal charges against more than 600 companies in the first half of 2012 for violations such as failure to register workers for SSS coverage, refusal to cooperate with SSS account officers, and non-remittance of contributions, a press release from SSS said.

Atty. Santiago Agdeppa, assistant vice president for Operations Legal Department said 494 out of the 606 employers charged were for failure to remit monthly premiums amounting to P209.34 million, with penalties of more than P118 million.

Agdeppa said they continue to intensify legal measures to compel employers to fulfill their responsibilities under the law. As a result, the number of companies sued by SSS grew by 17 percent as compared with the 518 companies charged in the first half of 2011.

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