Business and InvestmentBIR Seizes P5.4 Billion Worth of Illicit Cigarettes in...

BIR Seizes P5.4 Billion Worth of Illicit Cigarettes in Major Cavite Raid

-

- Public Service Reminder -spot_img

In a major operation, the Bureau of Internal Revenue (BIR) has seized approximately PHP5.4 billion worth of illicit cigarettes from three warehouses in Cavite.

This is considered one of the largest operations against illicit goods in the history of the BIR.

The BIR, in a statement released on Monday, estimated that the confiscated cigarettes have resulted in a tax liability of PHP5.4 billion.

The items seized by the BIR personnel included master cases of cigarettes, sacks of tobacco, and counterfeit BIR stamps.

“This is one of the largest raids against illicit cigarettes in the history of the BIR, with an estimated total tax liability of PHP5.4 billion.

The BIR will continue to target these large-scale illicit cigarette traders. We advise everyone to register their cigarette operations with the BIR and to pay the proper excise taxes on those products,” said BIR Commissioner Romeo Lumagui Jr.

He further added, “The BIR aims to protect legitimate businesses. So, if you register and pay your proper taxes, your businesses will be compliant. We want a level playing field, so we protect registered businesses and raid illicit trade.”

The culprits who own the warehouses in Dasmariรฑas and Indang, Cavite, will face criminal and civil cases for violating the National Revenue Code.


Discover more from Cavite News

Subscribe to get the latest posts sent to your email.

cavite.news
cavite.newshttps://cavite.news
We, the people of Cavite, recognize that in order to achieve our goals and aspirations, we need to be empowered and well-informed of the news and events that affect us and our cities and towns. We need to have access to accurate, relevant, and timely information that will enable us to make informed decisions and take appropriate actions.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest news

4 drug suspects nabbed in Cavite, Quezon bust ops; P1.9M shabu seized

CALABARZON โ€” Four high-value drug suspects were arrested and nearly P1.95 million worth of shabu seized in back-to-back buy-bust...

Barangay Captain Hits Back at Social Media ‘Smear Campaign’ Over Water Crisis

DASMARIร‘AS CITY, Cavite โ€” A barangay captain in Dasmariรฑas has pushed back against what he described as a coordinated...

Ternate Rower Wins Gold at Thailand Competition

TERNATE ROWER WINS GOLD AT 2026 BEACH SPRINT COMPETITION IN THAILAND TERNATE, Cavite โ€” A rower from Ternate, Cavite claimed...

Balite Falls in Amadeo Re-opened to Public

BALITE FALLS IN AMADEO REOPENS AFTER CLEANUP DRIVE AMADEO, Cavite โ€” Balite Falls reopened to the public Thursday after a...
- Advertisement -spot_imgspot_img

2 BFFs Arrested in Dasmariรฑas for Drugs

TWO FRIENDS NABBED IN DASMARIร‘AS CITY DRUG BUY-BUST; P170,000 IN SHABU SEIZED DASMARIร‘AS CITY, Cavite โ€” Police arrested two friends,...

Indang Public Market Attracts Huge Crowd of Buyers

INDANG PUBLIC MARKET DRAWS CAVITE SHOPPERS WITH FRESH GOODS, LOW PRICES INDANG, Cavite โ€” The Indang Public Market continues to...

Must read

SM Retail to Hold Job Fair in Dasmariรฑas on May 27

DASMARIร‘AS CITY, Cavite โ€” SM Retail will hold a...

30 tons of vegetables distributed free in Imus as aid to Benguet farmers

30 tons of vegetables distributed free in Imus as...
- Advertisement -spot_imgspot_img

You might also likeRELATED
Recommended to you