At A Glance
- The Bureau of Internal Revenue (BIR) has instructed importers, manufacturers, and distributors of perfumes, colognes, and toiletry products to settle excise tax liabilities amounting to over P604 million.<br>BIR Commissioner Romeo D. Lumagui Jr. issued the directive after conducting an inventory of over 390,000 bottles of contraband items seized during nationwide enforcement operations targeting 400 facilities, warehouses, and retail stores in Metro Manila and other regions.<br>Lumagui emphasized that all businesses, regardless of size, must comply with excise tax regulations.<br>According to Revenue Regulations No. 9-2023, individuals or entities intending to enter this industry must submit a written application for a permit to engage in such activities to the Large Taxpayers Service (LTS) of the BIR.<br>BIR Revenue Assistant Commissioner Jethro M. Sabariaga of the LTS clarified that obtaining an excise tax permit is a separate requirement from a BIR Certificate of Registration.<br>Business operators who refuse or fail to settle their tax liabilities may face prosecution in court for tax evasion.
The Bureau of Internal Revenue (BIR) has instructed importers, manufacturers, and distributors of perfumes, colognes, and toiletry products to settle an excise tax liabilities totaling over P604 million.
Informed sources disclosed that Commissioner Romeo D. Lumagui Jr. issued this directive following the completion of an inventory of over 390,000 bottles of contraband items confiscated during recent nationwide enforcement operations targeting around 400 facilities, warehouses, and retail stores in Metro Manila and other regions.
Lumagui emphasized in a press statement that "regardless of the size of the business, all must adhere to excise tax regulations."
According to Revenue Regulations No. 9-2023, any individual or legal entity planning to enter this business must submit a written application for a permit to engage in such activities to the Large Taxpayers Service (LTS) of the BIR.
Revenue Assistant Commissioner Jethro M. Sabariaga of the LTS clarified that obtaining a permit for excise tax purposes is a distinct requirement from a BIR Certificate of Registration.
He said business operators who refused or failed to settle the tax liabilities will be prosecuted in court for tax evasion.