23 Jun BIR Orders Closure of Popular CDO Deli Shop Pica-Pica by SLERS Store
Image Source | www.happyfoodies.com
On Tuesday afternoon, June 21, 2016, famous deli shop Pica-Pica by SLERS of Cagayan de Oro store was closed down and padlocked by the Bureau of Internal Revenue (BIR)-Revenue Region (RR) 16 officials. The shutting down of the said store owned by a family corporation was ordered by BIR commissioner Kim Henares, just a few days before she steps down from office.
Which dated May 30, 2016, the closure order was based from the BIR central office in Manila’s “enclosed recommendatory report of the Investigating Office, as reviewed by the Regional/National Review Board”.
Glen Geraldino, BIR-RR16 regional director, said that Pica-Pica by SLERS violated Section 9 of Revenue Regulation 11-2004 because the store has been using an unregistered point-of-sale (POS) machine which failed to issue registered official receipts by a value-added tax (VAT) “registerable taxpayer” per BIR regulations. Also, the store has an “underdeclaration of annual sales by P2.624 million or 100 percent for taxable year 2015, which is more 30 percent threshold specified under section 248 of the [National Internal Revenue Code] to be considered as fraudulent,” as added by Geraldino.
In order for the branch to be reopened, the company is required to pay an amount of almost P600,000 in taxes.
Meanwhile, the firm’s business control team leader Isidro Lubdugan Jr. admitted that they have violated some rules, however, as the company is good corporate citizen, after this [closure] we will rectify.” He also said that they will settle their obligation to the BIR within the week, likely to be on Thursday, and that they are willing to pay any penalty.
SLERS has been known for their hams and other meat products, and their popular “chicharon” (pork rinds), not only in the region but across the country.
No Comments