cdn mobile

Retailers pull Mighty cigarettes off shelves

By: Inquirer.net May 13,2017 - 09:43 PM

Mighty cigarette products kept in San Simon warehouse in Pampanga. /Contributed photo

Mighty cigarette products kept in San Simon warehouse in Pampanga.
/Contributed photo

For fear of being caught selling cigarettes in packs with fake tax stamps, a number of retailers have pulled Mighty Corp.’s products off their shelves.

In a statement, the Philippine Amalgamated Supermarket Association, Inc. (Pagasa), a group of supermarket operators, said “the fear of the retailers stemmed from the government’s series of raids on Mighty warehouses and the filing of a P9.56-billion tax evasion case against the Bulacan-based cigarette manufacturer on allegations that it used fake tax stamps on its products.”

Last week, the Bureau of Internal Revenue filed at the Department of Justice a second case that placed at P26.93 billion the tax dues of Mighty from the cigarette packs confiscated at two warehouses in Bulacan last March.

It was the biggest of the 23 tax evasion cases filed by the BIR under the Duterte administration.

As such, Pagasa president Steven Cua said that “out of the five active member-stores of Pagasa in Metro Manila we talked to, two have stopped ordering/selling Mighty’s stock.”

As for the three others, Cua said “one is waiting for stocks to deplete and will not re-order, one continues selling though sales at that outlet has slowed down with only one store left continuing to order and sell.”

Under the Tax Code, retailers found in possession of unpaid excise taxes will be slapped with penalties and could be imprisoned as well./

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

Read Next

Disclaimer: The comments uploaded on this site do not necessarily represent or reflect the views of management and owner of Cebudailynews. We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.

TAGS: cigarettes, Mighty, OFF, pull, retailers
Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.