BIR urges bizmen to
issue registered receipts

The Bureau of Internal Revenue called on business establishments and persons subject to internal revenue tax to issue duly registered receipts, sales or commercial invoices for each sale or transfer of merchandize or services, worth P25 or more.

Non-issuance of BIR-registered receipts is a violation punishable under Section 238 (now Section 237) of the 1997 Tax Code, as amended. Consistent with its mandate, the Regional Office of the BIR Bacolod City had already imposed fines and penalties against establishments found committing such kind of violation, the latest of which was imposed on a carwash service center in Bacolod City, a press release from the BIR said.

For first violation, the minimum imposable penalty is P10,000; and P20,000 for the second violation. Non-issuance of VAT-registered receipts is one of the grounds for suspending or closing the business operation, pursuant to the “Oplan Kandado” Program of the BIR.

Protest eyed vs. permit renewal of
waterworks system operator
BY RENE GENOVE

Barangay Looc officials and other parties are planning to oppose the renewal of certificate of public convenience against the operator of waterworks system in the Port of Dumaguete.

The City Council was told by the executive director of the National Water Resources Board, Sevillo David Jr., to let all interested parties, including Barangay Looc, in the port area file a formal protest to the continued operations of the waterworks system owned by Albino Kho Solon.

David said the parties must submit a written opposition, supported by documentary evidence, and addressed to the agency at least 15 days before the scheduled hearing on March 16 this year.

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