BIR destroys P1.34 billion worth of illegal vapes
Summary
The Bureau of Internal Revenue (BIR) conducted a nationwide destruction of illicit vape products valued at P1.34 billion, citing P1.34 billion in unpaid excise taxes and penalties. The operation targeted 448,494 units seized for violations including non-payment of taxes, lack of internal revenue stamps, and unregistered brands. BIR Commissioner Charlito Martin Mendoza emphasized the government’s firm stance against illegal trade and the importance of excise tax stamps for ensuring proper tax payment and product safety. Excise taxes on vape products aim to regulate consumption and fund public services like healthcare. This destruction follows ongoing enforcement operations that have seized 742,778 units with a total tax liability of P2.73 billion, and the BIR continues to urge consumers to report the sale of unstamped products. The destruction was carried out in coordination with the Department of Environment and Natural Resources (DENR) and witnessed by representatives from several government agencies.
(Source:manilastandard.net)