TALAVERA, Nueva Ecija: Acting on information gathered from an undisclosed source, the Large Taxpayers Service Excise Tax (LTS) revenue enforcers of the Bureau of Internal Revenue (BIR) swooped down on establishments allegedly selling and supplying cigarettes not bearing the required internal revenue stamps.
The team led by LTS Assistant Commissioner Nestor S. Valeroso and Excise Tax Head Revenue Executive Assistant Teresita M. Angeles, three composite teams that included fraud investigators from the tax agency’s National Investigation Division led by its Chief Sixto C. Dy, Jr. scoured stores in the public market to validate and verify the veracity of the confidential information provided to the Bureau.
Likewise uncovered in the course of the extended search were imported cigarettes such as RGD, D & B and Farstar being sold but are not registered with the BIR for distribution or sale in the Philippines. The cigarettes were confiscated and the establishments were issued apprehension slips.
New internal revenue stamps affixed to cigarettes were likewise checked for their authenticity through the use of Mobile Verification Devices issued to excise tax revenue officers subject to validation with the Bureau’s Internal Revenue Stamp Integrated System (IRSIS).
Based on the results of the validation and verification made, the BIR will immediately collect deficiency excise tax on the confiscated cigarettes not bearing the required internal revenue stamp, impose administrative penalties, and file the necessary criminal action against the erring establishments.